When a logistics manager or procurement officer needs to assess the overall stability of a supply chain, they must look beyond individual suppliers to systemic risks: geopolitical crises, commodity price shocks, regulatory upheaval, or natural disasters.
Source: https://www.mckinsey.com/business-functions/operations/our-insights/supply-chain-risk-management
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.