What are the most effective performance indicators for managing supplier risk?
Managing supplier risk is a critical aspect of import/export operations, especially in the context of global sourcing. Supplier risk refers to the potential negative impacts on your business due to the performance, quality, compliance, or financial stability of your suppliers. To mitigate this risk, you need to monitor and measure your suppliers' performance using effective indicators that reflect your business objectives and expectations. In this article, we will discuss some of the most effective performance indicators for managing supplier risk and how to use them in your import/export operations.
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Francisco AlmeidaDiretor Administrativo Financeiro | CFO | Diretor de Opera??es | COO | Diretor Executivo | Procurement | Qualidade |…
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Viral ShahVisionary CEO @ Own Academy | Helping Businesses Scale Global Trade | 17+ Years of Expertise in Export-Import | Trained…
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Juan AfanadorDirector Expansión, Pilgrim′s Mexico - London School of Economics