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Managing thousands of suppliers, cyber risk and climate pressure in future supply chains

Risk and resilience11 February 2022

This episode looks at how supply chains are likely to evolve, with a focus on managing very large supplier bases, cyber threats and the effect of climate. Large enterprises may deal with tens of thousands of outside suppliers, and communicating with all of them is handled poorly today.

The discussion explains why suppliers should be segmented into tiers, with the most strategic ones closely linked to internal systems and occasional, low-value ones handled simply, yet organisations tend to apply one process to everyone. It also warns that giving partners access to internal systems widens exposure to cyber attack, and argues that supply chain managers should be more concerned than they currently are.

Key points

  • Handling communication with tens of thousands of third-party suppliers
  • Tiering suppliers and matching systems to each tier
  • Growing cyber exposure and climate effects on supply chains

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