Running a small business isn’t without risk. However, there are measures you can take to reduce some risks. This includes your supply chain. Following these suggestions for mitigating risk in your supply chain can help you achieve a smoother business, even when things don’t go as planned.
1. Conduct a Risk Assessment in Your Supply Chain Operations
You probably carry out risk assessments in other parts of your business, so do the same with your supply chain operations makes sense. Conducting a risk assessment will highlight the problems you might face with your supply chain in the near and more distant future.…Continue reading