HIGHLIGHT RISKS BEFORE THEY BECOME PROBLEMS
TECHNOLOGY
Every year , KPIs within a business seem to become tougher and that affects everyone along the entire supply chain . Successfully and effectively managing the supply chain proves key .
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HIGHLIGHT RISKS BEFORE THEY BECOME PROBLEMS
Once a process is set up , it would be foolish to think it can be left to tick along by itself . Therefore , if you have carried out due diligence on a supplier , it doesn ’ t mean they will be forever creditworthy . Circumstances change , and it is vital to monitor all your suppliers on a regular basis to spot any risks that could threaten your supply chain .
Credit reports for businesses can often point towards a possible problem a good deal of time before they become one . Due to the extensive amount of data collected and used in credit monitoring , you , as a business owner , can do your due diligence to actively understand the landscape you are operating in and continue to have ongoing insight on this . Key decision makers upstream and downstream should be assessing the risk they are involving themselves in by viewing credit history and letting accurate data tell you who to avoid , and who
“WE NEED TO BETTER ASSESS OUR LIABILITY EXPOSURE IN 2019 REGARDLESS OF WHICH POINT IN THE SUPPLY CHAIN YOU ARE .”
— Chris Robertson , CEO , Creditsafe
FEBRUARY 2019