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Risk mitigation

Risk Mitigation: Supply Chain Safety Net

By | Industry News

Meeting demand without over-investing in safety stock can be a real balancing act. Risk mitigation strategies protect shippers from landing hard when supply chain disruptions occur. In a near-perfect world, supply and demand would wobble and waver, then—in harmony with historical context and predictive hedging—find some semblance of balance. But when an unforeseen force topples formalities, there’s no quick fix for chaos. Consider the litany of natural disasters that have sent shockwaves through supply chains over the past few years: Iceland’s Eyjafjallajökull volcano eruption in 2010; the earthquake and tsunami that struck Japan in March 2011; severe floods in Thailand…

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