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Supply Chain Trends Driving Risk Management andMitigating Factors

Espresso-live Speakers
by Ritoban Sengupta
1 January 2017

Abstract

In the rapidly changing paradigm of the procurement universe, supply chain risk management has emerged as a pivotal pillar forbusiness structure.The environment of supply chain risk is dynamic and is continuously evolving. This whitepaper identifiessome of the most crucial supply chain risks that are expected to impact the supply chain cycle.We will also analyzetrends springing up around the world thatwill significantly alter the risk landscape and arm companies around the world withinformation bouthow to successfully tackle these supply chain risks.

It has become increasingly difficult to gauge the cost, complexity,and level of risks that accompanies managing a network of suppliersan organization may utilize. Many organizations utilize strategies like globalizationandoutsourcing, but these carry inherent threats related tosafety, business continuity, and quality. Consequently, there isa need to create an supply-chain risk management strategy to effectively repudiate these risks.

This whitepaper proposesa solution tothe following questions:

 

  • What are the top supply chain risks expected to havea major impact in 2019 and beyond?

  • What are the top trends expected to significantly impact the risk landscape and provide ammunition to companies to counterthe risks?

  • What are the typical risk mitigation strategies used to alleviate risks in the supply chain?

  • What are some techniquesthat can be used to identify and mitigate supply chain risks?

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