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Globalization has seemingly made everything faster, easier, and less expensive. However, it has also created some of the longest, most complex supply chains that have ever been in existence and, as a result, issues with quality are more likely to crop up and increase risks across the board. In reality, globalization has created longer supply chains that are less predictable and more difficult to control. How a sound supply chain risk management strategy can help ease the pain of a company, its partners and customers in the wake of a supply chain disruption. How as risk management evolves across the supply chain, organizations will have real-time input of risk related to design, transportation, logistics, etc., as well as the ability to relay this information to customers in real time. How once small or specialty manufacturers can leverage risk management across the global supply chain in order to compete with, and outperform, the giants of their industry. Mitigating risk in the global supply chain across borders, delivery issues and forecasting.
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