Supply chain management is becoming much trickier as companies gain an almost uncountable number of business partners. The complexity presented by the number, nature, and structure of these relationships is exacerbated by uncertainty about risks that each may present. Getting it wrong can have dire consequences: disruption in the supply chain, economic loss, or reputational damage.
So how do you find the proverbial weakest link in a supply chain? How do you reduce the uncertainty that contributes to complexity in a negative way without sacrificing the structure that satisfies your supply chain needs?
In our latest installment of the GRC Illustrated series, we look for answers to these questions and explore how to manage these risks.
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