Can You Spot Your Supply Chain Risks?
To compete effectively during a recession, companies must mitigate supply chain risks by understanding the relationship between a financial supply chain and a product supply chain. Infosys' expert blogs on supply chain risks and risk mitigation strategies.
Supplier Bankruptcy: A Real Risk during Recession
Recession presents increased credit risk and a real risk of supplier insolvency. You can mitigate severe financial risk by retaining ownership and control of software, equipment, data, deliverables and work in progress, and supplier-owned items that are critical to the business.
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Supply Risk: Increasing Importance in a Weak Economy
The supply chain is a strategic lever in a declining economy. Companies must focus on managing supply risk to address shrinking capacities and supply failures.
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