---
title: "Where’s the Weakest Link? Understanding Risk in Supply Networks"
description: "Read this guide to understand, model and mitigate supply chain risk using supply chain risk analytics with external data."
canonical: "https://www.explorium.ai/resource/wheres-the-weakest-link-understanding-risk-in-supply-networks/"
last-updated: "2022-10-31"
---

# Where’s the Weakest Link? Understanding Risk in Supply Networks

> Read this guide to understand, model and mitigate supply chain risk using supply chain risk analytics with external data.

- Canonical URL: https://www.explorium.ai/resource/wheres-the-weakest-link-understanding-risk-in-supply-networks/
- Last updated: 2022-10-31

**When you think about risks to your supply chain, what springs to mind?** An earthquake? A supplier going bust? A global pandemic? Extreme events like these clearly pose huge dangers to supply networks - but you’re far more likely to be caught out by something entirely mundane.

A delivery of business-critical materials delayed by a day or two, just as you're running low, for example.  A cyberattack on a shipping company used by one of your suppliers. An equipment failure in an office somewhere way back in the chain that sets off a butterfly effect of disruption, spiraling costs, and missed orders.

In our deeply interconnected, globalized world, it’s harder and harder to track the weak spots in your supply chain. Or how a minor problem can spiral into a much bigger issue as it progresses along the chain.

**That’s why we created this handy guide to understanding, modeling, and mitigating supply chain risk using supply chain risk analytics.**

**In it, you’ll discover:**

 	- How cyberattacks, quality failures, counterfeit goods, changing regulations and price volatilities in your supply chain translate into major financial risks

 	- How seemingly small problems snowball into business catastrophes and how supply chain risk analytics can spot them early

 	- The strategies and technologies that will help you build better, stronger risk models for your supply chain risk analytics