Digital Supply Chain: Targeted Risk Management Strategies

The future of risk management is here, and it’s being unlocked through the effective use of digital supply chain tools. Digital supply chain management, when done correctly, dramatically cuts down on errors and bottlenecks thanks to the continuous sharing of data and accessibility of information via a connected network.

Topic

Industry

The True Cost of Supply Chain Quality

You don’t have to look far to find an example of catastrophic supply chain quality failures -- they can cost billions in lost sales, FDA fines and lost production due to shuttered factories, not to mention the incalculable reputational damage as a result of a consumer boycott. The fact is, manufacturers pay for supply chain quality, whether it’s in terms of negative consequences due to poor quality or making the investment upfront to prevent and avoid problems.

By ETQ on July 12, 2022
Read more