13-minute read

Supplier bankruptcy, geopolitical instability, cyber-attacks, transport disruptions, natural disasters: supply chain risks can hit businesses hard. For small and medium-sized enterprises (SMEs), the stakes are even higher: a single disruption can shut down operations, cut off revenue, and potentially threaten the company’s survival. That is why proactive supply chain risk management is a must, not a luxury. This article presents a clear strategy for managing supply chain risks, breaks down approaches for distinct types of risks, covers Business Continuity Planning, and explains how to get started, with key organizational and budgetary insights.