The Top 5 Mistakes Companies Make In Managing Supply Chain Risk Effectively
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As supply chain professionals continue to work through turmoil, old ideas about how to practice effective supply chain risk management are still far too common. In fact, the non-stop chaos of the pandemic era has reinforced tendencies in supply chain organizations to react to one emergency after another, scrambling to cope with allocations, leaping into crisis mode when shortages or delays loom, and spending wildly to procure quickly from alternate sources and expedite freight. This is highly understandable, yet extremely counterproductive.
In this playbook, The Top 5 Mistakes Companies Make in Managing Supply Chain Risk, we share our insights into what works – and what doesn’t work – when it comes to deriving deep long-term value from supply chain risk management.
Key Insights:
- Top five mistakes and limitations of traditional supply chain risk management practices
- Proactive changes and best practices your company can take
- How to rethink your supply chain risk management strategies with supply chain resilience in mind