Digital Supply Chain Education Series: Volume 6
How Digital Supply Chains Help Companies to Mitigate Supplier Risk.
Traditional supplier risk mitigation strategies tend to be more on the side of "checking boxes" to ensure that the supplier is complying with laws, regulations, and overall - backwards-looking compliance.
However, risk factors are constantly changing in real-time, by the second, making it crucial to have a platform capable of understanding the continuous behavior of your supplier network giving you insight into their reliability, as well as predicting disruptions before they impact your operations, alerting you when action is required.