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What You Really Need To Know About Your Suppliers – And Why

HICX Solutions

The regulatory and compliance burden has increased in recent years in terms of organisations needing to understand much more about their suppliers and supply chain. Segmenting your supply base. The implications and penalties in terms of fines, other government actions and reputational damage can be severe.

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2012 Supply Chain Predictions: Is the End of the World Nigh?

Supply Chain Network

As Gartner predicts “Supplier risk will continue to be a major focus, and companies will look to technology for a scalable risk assessment and management solution” (Predicts 2012: Supply Chain Predictions: Talent, Risk and Analytics Dominate: Published: 18 November 2011). Supply Chain “clock speed”.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). 58% of consumers would stop buying from a brand entirely after one to three supply chain delays or disruptions. Source: Consultancy.UK. Image source: Fortune. Supply Chain Dive).