19 Apr Managing the supply chain risk in Europe – supply chain finance should be taken more seriously
Posted at 12:15h in Financial Supply Chain Management, Supply Chain, Supply Chain Finance, The Rest, Vendor Risk Management, Working Capital ManagementCritical components in your supply chain are at risk - and you may not even know it. There are numerous points of failure in today's complex supply chains and because of the difficulty that upstream suppliers have funding their business from day to day, the risk of a damaging and expensive failure is increasing. And it gets worse. Efforts to cut costs have resulted in leaner, riskier supply chains held together by a network small suppliers. If the risk of financial failure isn't mitigated it could have disastrous consequences - which is why businesses - especially in Europe - should begin to take supply chain finance more seriously.