PROCUREMENT OPTIMIZATION BLOG

Don’t Wait For A Tsunami To Combat Supplier Risk

August 18, 2014

Taking a proactive approach to supplier risk means improving results across key business metrics. The following article demonstrates how your organization can stay ahead of the curve to combat supplier risk.
By: Pramod Sethumadhavan

I find it ironic that many organizations today look at supply chain risk from a unilateral perspective.  The impact of natural disasters have repeatedly raised questions on organizations’ preparedness to tackle supply chain disruptions. Companies today look for geographical presence and spread of their key suppliers to ensure business continuity.  But is that all a company should do to mitigate risk?  Read More