Is your supply chain set up for success?
There’s no shortage of risk factors that can sabotage your company’s supply chain. Check out what your peers are doing to minimize them.
At times it can seem tough enough to stay on top of what’s happening in your own warehouse, much less your supplier’s warehouse or even your supplier’s supplier’s warehouse!
Make sure everyone involved understands: The more data you have, the less likely your company is to encounter some expensive surprises.
So how do your peers tackle that massive task? By putting consistent policies in place to assess all their supply chain risk factors.
Here’s which bases they’re covering — and how regularly:
There are two compelling reasons you want your company in this camp. Organizations with consistent supply chain risk management policies are:
- two times less likely to have their supply chain risk levels increase since 2005, and
- 1.4 times less likely to have their supply chain disruption costs rise significantly in that same window.
- Share on
Free Training & Resources
Further Reading
Plenty of financial gurus lauded the Federal Reserve for hiking interest rates and its stated goal of ratcheting down inflation. After mult...
The 1,000-ton elephant squeezing everyone out of the room is now front and center in the minds of business owners and finance executives. T...
Are you worried your organization could be falling behind competitors? Could it be at risk from factors like new technologies making your p...
2022 turned out to be a better year compensation-wise for your peers in the finance realm than 2021. The Association for Finance Profession...
CFOs are wearing more hats than ever and their list of responsibilities is growing, particularly those steering the ship for publicly trade...
The outcome of the presidential race and which party will control the House and Senate is too close to call. But a handful of economic idea...
