Supply Chain Resilience

When one part of this network is exposed to risk, all parts are vulnerable to disruption. The growing complexity of these connections is driving a need for a deeper understanding of how supply chains operate most efficiently while managing risk. According to almost half of the respondents to Deloitte’s 2020 third-party risk management global survey, the financial impact on them of a failure by a third-party or subcontractor has at least doubled over the past five years. One in five respondents believe the financial impact has multiplied tenfold.1