Illustration – 3rd Party Series #4 – The Building Blocks of Supply Chain Risk Management
Supply chains present almost unimaginable complexity; often having an undefined and ill-managed number of levels with various parties involved across multiple supply chains.
Supply chains present almost unimaginable complexity; often having an undefined and ill-managed number of levels with various parties involved across multiple supply chains.
Each of these “links” in the chain presents a range of risks. The challenge of effectively managing the ever-changing and often cumulative risks in thousands of continually shifting supply chains can be overwhelming. Having a well developed capability with appropriate technology, processes and assignment of responsibilities is essential.
Featured in: Third Party Management , Information Technology , Risk
