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RISK MANAGEMENT BLOG

The Manufacturing Supply Chain: Top 10 Risks to Consider

 

The risks that impact the supply chain of manufacturers is continuously growing and changing. The supply chain is vulnerable to countless risks such as supplier relationships, manufacturing processes, shipment of finished products, and many more. When conducting a risk management plan for your business there are many major risk factors to be considered that are completely out of your control.

Topics: supply chain risk management supply chain risks Manufacturing manufacturing supply chain

Supply Chain Risk Management: Balancing Flexibility and Vulnerability

Supply chain management is largely about interconnectedness. When planning for and managing the sourcing, procurement, conversion and logistics related to your product offering, companies need to create the right relationships with the right companies. This will help to optimize the movement and storage of materials and inventory while at the same time preparing for disruptions. Striking the right balance is not easy.

Topics: supply chain risk management identify risks in supply chains supply chain risks develop strategies for supply chain risks

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