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Where's the Weakest Link? Understanding Risk in Supply Networks

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. 

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

  • The strategies and technologies that will help you build better, stronger risk models for your supply chains

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