The Risky Business of Poor Supplier Collaboration

The Four Biggest Risks Hiding In Your Supply Chain. And What To Do About Them.

2024 03 11 13 53 16 Sd Risk Whitepaper Final pdf

*This content is sponsored by SourceDay*

Today’s business world is full of risks that are outside of your control including labor shortages, geopolitical strife, and tariffs.

So, the best thing you can do to protect your business is to ensure your own operations run with as little risk as possible. Yet, modern supply chains are complex and riddled with opportunities for errors and curveballs that can make or break a business. Failure to manage all this risk can erode margin, limit a company’s ability to meet customer commitments, and even threaten its survival.

In this whitepaper, we will address the 4 biggest risks that originate with your direct spend suppliers:

  • On-Time Delivery
  • Overpaying Suppliers
  • Inventory Management
  • Employee Productivity

We’ll also break down new approaches to mitigate these four risks, and share some examples of companies that have streamlined supplier collaboration and improved their supply chains as a result.