A business is only as strong as the chain of suppliers it works with. So leaders must recognize and work to understand the factors that promote strong risk management in the supply chain. Ensuring that your goods arrive on time is only a piece of the whole. Managing vendor relationships, building strong payment protocols, and knowing the geographic challenges associated with growth can help keep risks under control. See our five steps to supply chain risk management—to help you gain competitive advantage, protect your brand, and drive growth.

Interested in reading more about risk management in the Supply Chain, please download Deloitte’s full article here.