Invisible Threats A 2024 guide to managing hidden supply chain risks
- Business White Papers
- July 18, 2024
- 0
- 3 minutes read
Invisible Threats gives supply chain professionals guidance on identifying risk hotspots right now based on data analysis of private and public companies’ financial health, by NAISC.
The findings pinpoint key supply chain vulnerabilities that exist today in these sectors:
- Auto
- Aero/Defense
- Pharma/Healthcare
- Technology
- Financial Services
The whitepaper outlines the best-in-class strategies used by global organizations to manage risk and avoid disruption, production delays and increased costs that damage businesses. These data insights, along with the macro-economic context helps organizations proactively address potential vulnerabilities in those supplier cohorts and ensure a resilient supply chain.
Invisible Threats shows how it is possible to determine the likelihood of disruption based on the data and provides a more integrated view of:
- Areas of exposure in your supply chain
- How financial events are impacting private suppliers
- Risk concentration levels by NAICS
- Sustainable strategies to reduce exposure
It is crucial for decision-makers to recognize the fragile link between supply chain risk and supplier financial health. While general awareness and reporting of supply chain issues may be satisfactory, there is a significant gap when it comes to a deep understanding of the risk posed by deteriorating financial health of suppliers.
This lack of insight poses a significant challenge for supply chain professionals – particularly in the current climate where large numbers of private companies are straining under extreme financial pressure. Invisible Threats gives you a clear view of how leveraging financial data is the most powerful predictor of risk and of impending disruption.