Risk Facts

n-tier visibility

A typical risk management process involves identifying key or critical suppliers, and then obtaining information about those supplying firms. The theory goes that if you can get early information if and when there is any danger of a supply problem, you can take action to mitigate the risk. The problem with this theory: it isn’t just the first tier (the suppliers who directly provide goods or services to the buying organization) that is important. Often the critical supply chain risks lie at the second tier (the suppliers’ suppliers) or even further “down”......

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