ASCI Connect

https://bt.e-ditionsbyfry.com/publication/?i=834788&p=1&view=issueViewer&pp=1

Quote:

Since the Covid-19 pandemic disrupted supply chains, organizations have been hyper-focused on ways to reduce their risk exposure. Diversification of supply chains and suppliers has been a primary focus of many firms, but risk mitigation goes far beyond simply finding new suppliers.

It involves identifying potential risk. It means integrating technologies that can proactively identify areas of risk and suggest—even automate—action plans. It means collecting and understanding the underlying data. It means building contingency plans. And it doesn’t stop. Risk management is not a one-and-done project. It requires ongoing analysis and proactive management.

Inside this Special Digital Issue, we have collected some practical strategies for building out your risk mitigation strategy and look at areas where you may not even be aware risk resides. We may not be able to complete risk-proof a supply chain, but with the right approach, it can lessen the chance that disruption will upend your business.

Unquote

Disclaimer: The poster is not associated with the publishers (sponsored content).