Gartner Research

Leverage External Partners to Mitigate Supply Chain Risk and Build Organizational Resilience

Published: 22 July 2019

ID: G00389897

Analyst(s): Sam New, John Johnson

Summary

Digital business and risk events, including trade pressures, natural disasters and geopolitical concerns, intensify the need for robust business continuity management. This research outlines how supply chain leaders can improve risk assessment and solidify organizational resilience through BCM.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Develop a Calculated Risk-Reward Strategy Based on Thorough Risk Classification and Evaluation of Available Contingencies
  • Collaborate With External Supply Chain Partners to Assess Risk and Implement Solutions to Minimize Risk Exposure
  • Foster a Culture of Organizational Resilience by Developing Supplier Risk and Contingency Plans During BCM Formulation

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