Alternative sourcing agreements should be considered in risk-mitigation plans

12/8/2013 | American City Business Journals

Recent data showing 75% of big companies suffered serious supply chain disruptions within the past year highlight the value of disaster preparedness, Rebecca Morgan writes. In this piece, Morgan suggests points for leaders to consider in their risk-mitigation plans, such as an "alternative sourcing" agreement with customers and approved competitors. Companies also should determine how long they can afford to operate without orders and payments.

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