What are the main risks in supply chain management?
An example of an AI chatbot conversation about supply chain risks and their management.
What are the main risks in supply chain management?
The main risks include supply disruptions, demand fluctuations, and geopolitical issues.
How can companies mitigate these risks?
Companies can mitigate risks by diversifying suppliers, improving inventory management, and using technology for better forecasting.
What role does technology play in managing supply chain risks?
Technology helps in real-time monitoring, predictive analytics, and enhancing communication across the supply chain.
Can you give examples of companies that successfully managed supply chain risks?
Sure! Companies like Apple and Toyota have implemented robust risk management strategies to navigate supply chain challenges.
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