If you’ve read anything from riskmethods, you know that we’re always beating the drum about the importance of supply chain risk management. And it’s for a good reason: Because we know that a lot of companies think they’re managing supply chain risk when, in fact…they’re barely managing supply chain risk, or not managing supply chain risk at all. The problem is simple: There’s an enormous amount of different types of events that could result in disruptions in your supplier network. And if you’re relying on basic financial indicators alone, you’re simply not getting the full picture.
Our Risk Intelligence experts are the data nerds around here, and they took a look at the alerts we sent out in 2018 to warn our customers about potential supply chain and supplier disruptions. Here’s what we found the top 5 most common risks to be.