Sourcing internationally, assembling component parts at various locations and applying a just-in-time approach to logistics has turned the supply chain into a complex feature of many organisations.
When supply chains are disrupted and suppliers fail to meet their deadlines and obligations, it can have a huge impact on your business, damaging profits and reputation.
What can you do to manage this risk more effectively?
Marsh can conduct an independent and detailed assessment of the risks to your suppliers and their network of partners;
Recommendations will lead to new checks being devised to reduce the likelihood and potential impact of any breakdown. This can lead to alternative suppliers being sourced;
Business modelling can be used to put a value on the financial cost of a breakdown in the chain.
Marsh Limited, trading as Marsh Ireland, is authorised by the Financial Services Authority in the UK and is regulated by the Central Bank of Ireland for conduct of business rules only.