Supply Chain Council of European Union |

Seven ways to successfully manage supply chain & ecosystem risks in 2021

2020 was a challenging year which stretched many organizations financially and operationally. This forced many to make snap decisions about how they would continue to operate during the pandemic. In some cases, this meant taking shortcuts on processes that introduce new risks. This was underlined by Mitch Teichman, Sr. Manager Client Engineering, VITAS at CONVERGE 2020. He said, “At the beginning, it was about survival. To be frank, security, which never takes a back seat, took a backseat out of necessity. While security is always important, for that moment of time, it became second to business continuity and keeping the lights on.”

Many companies had to take the same approach and it quickly had an effect.

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