Building a Resilient Supply Chain through Effective Contracting and Supply Base Management
The keys to building an effective supply chain is to establish resiliency and mitigations in the supplier negotiations and contracting phase of your supplier relationships. This mitigates a number of disruptions while establishing backup options. Beyond that, it is critical to establish risk profiles across the supply chain along with early warning triggers to help resolve escalating risks before they become business issues. In this session we will cover how you can use your Contract Management system to build resiliency in the Supply Chain.
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The keys to building an effective supply chain is to establish resiliency and mitigations in the supplier negotiations and contracting phase of your supplier relationships. This mitigates a number of disruptions while establishing backup options. Beyond that, it is critical to establish risk profiles across the supply chain along with early warning triggers to help resolve escalating risks before they become business issues. In this session we will cover how you can use your Contract Management system to build resiliency in the Supply Chain.