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Supply Chain Risk Management Lifecyle

Supply Chain Risk Management Lifecyle

Pages 10 Pages

Global supply chains face numerous disruption risks—from natural disasters to sanctions and strikes—exacerbated by globalization and evolving regulations. These threats can cause production delays, contractual penalties, sales declines, and reputational damage. To address this, Sphera advocates implementing a comprehensive supply chain risk management lifecycle that identifies, assesses, and mitigates risks. By securing supplier relationships and preventing bottlenecks, Sphera’s approach helps companies maintain operational continuity, safeguard their brand, and enhance resilience in an increasingly complex, interconnected world.

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