Supply chain risk management is at the top of every corporate priority list right now. And while businesses have never had a time free from risk, the stakes are so high right now that the issue has become all-consuming. Since it is not an option to wait the risk out, wise organizations are investing in their own resilience and partnering with suppliers to strengthen their options.
Today’s business challenges are creating demand for a “new risk management,” one that turns visibility into actionability and connects enterprise responsibility with individual incentives for improved outcomes that stand the test of time.
In this episode, based on a Dial P for Procurement livestream, riskmethods’ Chief Product Officer & Managing Director of the Americas, Bill DeMartino, and Senior Director of Product & Solutions Marketing, Constantine Limberakis, discuss rebuilding confidence in the face of risk by establishing a single source of truth that people can trust and act upon:
- How companies can bolster the capabilities and confidence of their decision makers in the face of never-ending disruption
- Whether the uncertainty of the supply chain has taught procurement to truly partner with suppliers
- The difference between having visibility into the nth tier of the supply chain and achieving actionable transparency
This episode was hosted by Scott Luton and Kelly Barner. For additional information, please visit our dedicated show page at: https://supplychainnow.com/prepared-prevail-investing-collaborative-supply-chain-resilience-782