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Four steps to build a more transparent and resilient supply chain through risk management

IBM Business Resiliency

With leaner supply chain management techniques and approaches like outsourcing, offshoring, just-in-time inventory and vendor managed inventory, disruption has worldwide consequences. Optimizing inventory based on internal systems and operations isn’t as effective as external disruptions continue to test supply chains. .

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Important KPIs for Successful Vendor Management

Reciprocity

Before outsourcing your business processes or striking some other deal with vendors, you do need to assess the risks they pose. Business Continuity. Vendor business continuity affects your organization’s business continuity, and ultimately your reputation. What Are the Most Common Vendor Risks?