6 Steps to Mitigate the Risks of Supply Chain Disruptions ecommercenext.org

Supply chains are complex systems wherein minor causes can have huge impacts on global markets. In fact, just as industries keep changing, so do risks related to the continuation of a business with smooth operations. Surprisingly, 71% of international businesses recognized the price of raw materials as their main risk in the supply chain in 2023. This percentage shows how delicate managing supply chains can be and underlines how important it is to have strategies prepared ahead for reducing risks.