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Supply Risk - Survival Guide


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White Paper > 10/07/2009
Spend Management

Massive commodity price swings one year followed by a recession, credit crisis, and widespread bankruptcies the next have dramatically increased the focus on managing risk. Add into the mix product recalls, food safety issues, and PR disasters from far-off factories and you’ve got a “perfect storm” of risk in the supply chain. This uncertain environment has changed the priority for supply risk management from “We’ll get to it someday” to “We need an answer now”.

Today, organizations are more worried about risk than ever before. The fundamental issue, of course, is understanding and managing risk. And the real question is: Do you have a plan and the right resources in place?