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. https://www.supplychainbrain.com/blogs/1-think-tank/post/30956-five-essential-legal-tools-to-mitigate-manufacturers-supply-chain-risks
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SHARESHARESHARE
FIVE LEGAL TOOLS TO MITIGATE MANUFACTURING RISK
One of the best ways for a manufacturer to assess and reduce risk in its supply chain is to have in place strong legal terms with its suppliers. Yet due to the speed of modern technology and growing complexity of supply chains, the reality of the manufacturing landscape is that legal terms aren’t always properly memorialized on paper as the manufacturer-supplier relationship develops. That said, it remains important - perhaps more now than ever before - for a manufacturer to assess its relationship with a supplier at the beginning of the relationship, and execute any needed agreements to mitigate risk as the relationship unfolds. KATE WEGRZYN READ MORE