Supply chain risk is increasing by the day. Not only are nine in ten organizations at risk of a significant supply chain disruption over the next year, but a recent publication by Think Executive noted that risk is expected to increase five-fold over the next five decades.
Over the past decade supply disruption has gone from being an exceptional event to at least an annual – if not quarterly or monthly – occurrence. Most organizations are simply not prepared, even though they may have checked the box with fairly narrow supplier risk management assessments.
Download this whitepaper to learn how an organization with good contract lifecycle management, backed by a solid CLM solution, can gain a firm grasp of its supply chain, its key suppliers, the composition of the products it’s buying and the locales in which it’s operating.