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4 Ways to Cut Supply Chain Risk

Keep supply chain risk where it belongs—under your thumb. Sumit Kumar writes for GreenBiz with four tips to keep risks, especially sustainability risks, squashed. The first is to comprehensively assess your critical suppliers. Customize assessment according to the business context, and include things like evaluation of strategy and compliance checks. Second is to engage suppliers to discuss gaps, educating and collaborating wherever possible to improve sustainability performance and reporting. Third, you must keep tabs on progress made over time. And finally, you should spread the wealth by sharing your sustainability best practices with others, so everyone can take advantage of the green benefits. You can read the full article here: http://www.greenbiz.com/article/lessons-apple-walmart-target-4-ways-really-cut-supply-chain-risk

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