FM Global Study Looks at How Global Sourcing and Supplier Consolidation Impact Supply Chain Risk
Over the past few years, many companies have turned to global sourcing and supplier consolidation as ways to reduce operating costs. While there’s no doubt that supply chain strategies like these offer great opportunities for competitive advantage, it’s also important to note that outsourcing and consolidation come with a significant downside: increased risk exposure. How are business leaders in the US responding to this new reality? Do they feel that their management teams can adequately assess, anticipate, and mitigate these new supply chain risks?
