Lessons Learned from the Recession: Supply Risk

Supplier Management
This paper delves into the top 10 lessons learned from the recession about supply risk. They are:
- Supply risk is not going away just because the economy is getting better.
- Learn to operate in the New Normal.
- The old way of managing risk won’t cut it anymore.
- Agility and information are the keys to success in the New Normal.
- Suppliers in all industries and geographies are in a very different position than they were just two years ago.
- There are multiple risks that need to be managed.
- Successfully tackling risk requires a structured and sustained approach.
- No silver bullet exists to “solve” supply risk.
- The value to be gained from tackling risk is substantial and comes in multiple forms.
- Multiple other functions need to be engaged early and often.
To learn more about each lesson, download this still-timely paper.




