Suppliers can evaporate: Five ways to improve SCM risk management - Supply Chain Management Review
· Source: scmr.com
In short
The article discusses the critical importance of proactive supplier risk management in supply chain operations, emphasizing the need for procurement leaders to take intelligent risks rather than overly cautious approaches. It outlines five practical, low-cost techniques for enhancing supplier risk management, including anticipating supplier failure, streamlining contracting, managing insurance and compliance data, optimizing supplier portfolios, and diversifying providers for resilience.
Read Original Article — Read the full article on the publisher’s site.
In the issue of week 10, 2026: AI Agents and Physical AI Drive New Productivity Frontiers in Logistics
Tags: risk, suppliers, procurement, sourcing, contracting, resilience