How to manage supply chain risk
01 Oct 2020
Over the last ten years, many organisations have been rocked by a series of entirely avoidable supply chain vulnerabilities. One of the biggest, if not the biggest, has been the COVID-19 pandemic unfolding right now.
In this guide, we’ll detail the steps you need to take to create your own supply chain risk strategy document to help you avoid supply chain disruption.
Its four steps include:
- Identify and document unknown risks
- Build your supply chain risk management framework
- Keep an eye on risks
- Make people accountable and regularly review