Successful stock investing strategies have long included developing a diversified portfolio of assets to reduce overall investment risk. As with mitigating risk in your investment portfolio, mitigating risk in your supply chain can be accomplished by ensuring your suppliers and their suppliers are different companies having a host of different risk profiles thus reducing your overall supply risk.

At this moment, an organization somewhere in the world is struggling to support its customer’s demand requirements. The result from failing to meet customer demand requirements can lead to disruption in product supply, decline in sales, and harm to the company’s reputation.

This blog post is the continuation of our Identifying the Factors for Successfully Managing Supply Chain Risks - Factor 4 – Performance Metrics (Part 4 of 5) research post. Our recent study to better understand supply chain risks focused on the structure, implementation, and maintenance of a formal system for managing risks in the supply chain.

Professionals today at high growth technology companies are asking themselves, “How can my supply chain react quicker to customer demand fluctuation?” The answer is simple, adopt a demand-driven planning process. Sound simple enough? Well unfortunately it’s not that simple but below are some simple steps you can take to start to transform your supply chain to better support consumer demand fluctuation.

This blog post is the continuation of our Identifying the Factors for Successfully Managing Supply Chain Risks - Factor 3 – Process Management (Part 3 of 5) research post. Our recent study to better understand supply chain risks focused on the structure, implementation, and maintenance of a formal system for managing risks in the supply chain.

This blog post is the continuation of our Identifying the Factors for Successfully Managing Supply Chain Risks - Factor 2 – Supply Chain Organization (Part 2 of 5) research post. Our recent study to better understand supply chain risks focused on the structure, implementation, and maintenance of a formal system for managing risks in the supply chain.

This blog post is the continuation of our Identifying the Factors for Successfully Managing Supply Chain Risks - Factor 1 – Corporate Strategy (Part 1 of 5) research post. Our recent study to better understand supply chain risks focused on the structure, implementation, and maintenance of a formal system for managing risks in the supply chain.

Supply chain risks that ultimately cause supply chain disruptions cost high growth technology companies millions annually and even worse a large disruption event can cause smaller firms to cease operations. We conducted a study to better understand supply chain risks which focused on the structure, implementation, and maintenance of a formal system for managing risks in the supply chain.

As companies grow and evolve it is statistically inevitable that supply partners will come and go. There are many reasons why a company may want and/or need to transition supply partners such as supplier financial instability, poor quality performance, and production supply disruption.