The Benefits of Supply Chain Compliance
An effective solution for these supply chain risks is the creation and maintenance of a business continuity plan that encompasses the entire supply chain. Additionally, to ensure that compliance exists throughout each level of the supply chain, a supply risk management system needs to be put in place.
There are a number of solutions an organization can utilize to mitigate its supply chain risks. Risk assessment, auditing and monitoring, and measuring and analyzing are recommended solutions to mitigating supply chain risks.