To effectively manage supply chain risk and uncertainty, executives must analyse and find actionable answers to the following key questions:
Have the key sources of risk been identified and their impact assessed?
Has the organization built chaos-tolerant supply chains that can absorb the knocks?
Is risk management seen as a one-off exercise, initiated in response to an unexpected event, or are employees actively building risk mitigation into their everyday activities?
Source: Manufacturing & Logistics IT
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