On: June 29, 2022     By: Dr. Cheryl McCloud

4 Steps to Identify and Manage Supply Chain Risks

Supply chain risk management is a way for companies to plan for and prepare to react to supply chain disruptions. Many disruptions companies face are out of their control—weather, global conflict, decisions made by third-party partners—but by anticipating disruptions and being prepared to react, companies can minimize the financial toll.

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