Supply chain risk management in 2020
In the current landscape, a complete not just short term but strategic response is required the assure a sustainable short and mid term end-to-end supply chain:
- Create understanding and transparency on multi-tier supply chains determining the origin of supply and identifying alternative sources.
- Assess financial strength of your key strategic providers – cash and net working capital capability by running stress tests to understand where supply-chain issues will start to cause a financial impact.
- Assess and if needed ensure/resume control on strategic spend chains.
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