Supply Chain Risk Management

Effective Supply chain Risk management involves identifying potential risks, assessing their potential impact, and implementing strategies to mitigate or manage those risks. This can include measures such as contingency planning, diversifying suppliers, improving visibility into supply chain operations, and investing in technology and infrastructure to improve resilience. By doing so, organizations can better protect their supply chains and ensure the availability and quality of goods and services to their customers, even in the face of unexpected challenges.