Extended supplier networks can be susceptible to several types of risks in the form of financial viability, liability, and cybersecurity. Managing and tracking the hidden liability risks and financial health of every supplier in complex supply chains that extend across borders can be a difficult target to achieve. And, when it comes to suppliers’ financial failure, a single instance is one too many. This makes tracking and managing liability risks and supplier financial health a priority for modern enterprises today.
Similarly, the indispensability of cyber resilience in modern, complex supply chains also cannot be overstated. Without proper cybersecurity measures and information protection controls in place, companies risk millions of dollars’ worth of intellectual data and confidential company information.
The Importance of Constantly Monitoring Liability Risks, Supplier Financial Viability and Cyber Resilience
The Importance of Constantly Monitoring Liability Risks, Supplier Financial Viability and Cyber Resilience
Manage Risk for Any Supplier
