Manufacturers and distributors depend heavily on their inbound supply chains for the timely delivery of raw materials and components. Any disruption in these chains poses a significant threat to production schedules, operating costs, and customer satisfaction. This is why conducting a supply chain risk assessment is crucial.
A comprehensive inbound supply chain risk assessment enables the identification and proactive mitigation of potential vulnerabilities, supporting business continuity and operational efficiency.
This 9-step guide outlines the process for conducting an effective inbound supply chain risk assessment. It integrates both strategic and tactical actions, and is informed by industry best practices to help address identified risks effectively.
