On Demand Webinar:
Build Resilience Through Better Supplier Risk Assessments
Typically the task of assessing supplier risk is dispersed throughout an organization: one team looks at CSR while another measures financial health or cybersecurity. There is no cohesive process, and assessments are often limited in scope and effectiveness with the highest-volume direct suppliers prioritized. This approach leaves companies blind to major risks in their supply chains: roughly 80% of supply chain issues originate at lower-tier suppliers. So, hidden weaknesses persist leading to costly disruptions.
A better method is to use one process and platform to assess your suppliers and plan for all risk types.
Watch this knowledge sharing discussion how you can build supply chain resilience through a cohesive supplier risk assessment program, including:
VP of Field Operations, Resilinc
Director of Systems Engineering, Resilinc