Identifying Supply Chain Risk
Every movement in every flow is fraught with Risks.
- Risk of non-performance
- Risk of losing control of performance
- Risk of partial or incomplete performance
- Risk of faulty performance
The Risk Changes Every Moment in CMS
Whether it is information flow, or physical flow, or value flow or cash flow – there is always risk involved at every step. And, the risk changes every moment, and every place as the other flows continue unabated.
It is an art to recognize the risk, to measure the risk to mitigate the risk, to manage the risk and to place the risk in the insurance and re-insurance markets.
Unfortunately, most companies are singularly bad at management of risk flow in their supply chains. That is one of the reasons they are unable to take full advantage of opportunities from value flow optimization and finance flow re-creation.
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