Don't be part of a (supply) chain of fools

04/30/2009 | CFO.com

Create a supply-chain contingency plan now, before a tight credit market and a weak economy put a major supplier out of business, experts suggest. Rolls-Royce North America's Pamela White recommends meeting frequently with riskier partners, monitoring their financial situation, and being ready to look for a new company or a more flexible deal if a key partner gets into trouble.

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