Have you ever had an unreliable supply chain partner? Then you know the damage they can cause — missed deadlines, unmet requirements and tarnished brand reputation — to name a few. To combat this, companies like Under Armour decided to expand their enterprise risk management program to strategically assess their vendors’ ability to deliver.
In this whitepaper, we dive into how the apparel giant used several different risk indicators and predictive financial models to build a more resilient supply chain. Learn how to:
- Identify early signs of financial instability in suppliers
- Diversify your sources
- Develop contingency plans
- Offer strategic support to struggling partners
- Incorporate automated financial analyses of suppliers