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Tsunami. Hurricane. Factory collapse. Global strife. Political unrest. Conflict minerals. Stolen intellectual property (IP). Lost and delayed deliveries.
If those words don't scare...
Given the complexity of managing third-party risks across different corporate departments, many companies are turning to predictive analytics to gain a better view of complex supply chain and distribution networks.
Developing enterprise risk management (ERM) frameworks and other holistic risk management approaches facilitates a focus on root causes rather than on the symptoms of shocks to their businesses. Given the complexity of managing third-party risks across different corporate departments, many companies are turning to predictive analytics to gain a better view of complex supply chain and distribution networks.