This document by McKinsey & Company looks at operational practice and procurement best practice. Is your supply chain risk blind – or risk resilient
Operational risk to supply chains has been growing over the last several years-compounded by the ongoing impact from COVID-19.
Organisations need a new approach to manage supply-chain risk and build resiliency. Companies will need a much deeper view of their supply-chronicity vulnerability and exposure to create effective mitigation and business-continuity plans.
Now is the time for business leaders to know their supply chain structure and understand its vulnerabilities and exposure that of their suppliers and suppliers.