Supply Chain Risk Management

Individual risk identification & derivation of measures

Increasing resilience in corporate networks can be realized with the help of a structured supply chain risk management approach. The FIR supports you in the company-specific analysis of risks and the derivation of suitable action measures based, among other things, on Industry 4.0 technologies.

Globalization has led to the development of predominantly international and highly complex supply chains in recent decades. National and international challenges, such as brexite, the corona pandemic, trade wars and protectionism, or even various natural disasters have confirmed in the past that the relevance of holistic supply chain risk management has risen sharply due to the increase in complexity in supply chains.

Even a minor disruption, which can be caused by economic or political crises or natural disasters, for example, can have far-reaching consequences for the entire supply chain due to the large number of supply chain players, geographical groupings of individual industrial sectors, individual manufacturing and production bottlenecks or even financial bottlenecks in the synchronized flow of materials.

In order to stabilize the various supply chains even in crisis situations, it is essential to localize disruptions at an early stage and evaluate their consequences, to derive target-oriented measures and to ensure continuous risk management in the long term. In this context, it is particularly relevant to make the supply chain resilient in a preventative manner so that the effects of a crisis situation can be minimized.

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