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With modern supply chains growing more complex, proactive supply chain risk management plays a significant role in an enterprise’s profitability, reputation, and often, survival. Focus on cost reduction coupled with practices like outsourcing, use of mega-suppliers, Lean and just-in-time inventory management have clear business justifications, but they have collectively increased risk. As the bottom-line impacts of operational risk continue to grow, organizations are shifting their approach and pushing risk to the top of the corporate leadership’s agenda.
Whether you have already invested in a supplier management platform or if you are still struggling to get a risk management initiative off the ground, advancements in technology make advancing or starting a program to manage supply chain risk is easier, and faster, than ever. Join our webinar with riskmethods and The Hackett Group for three tips on how to:
- Minimize traditional organizational barriers that prevent risk initiatives from gaining traction
- Build a business case and win over stakeholders
- Identify solutions that go beyond “software”