Zoom in on Man-made Risk
Spend Matters
OCTOBER 30, 2024
When we refer to man-made risk, we are talking about disasters that have an element of human intent or negligence, as opposed to natural disasters which are unavoidable and occur naturally. Man-made hazards might be the result of crime, arson, civil disorder, terrorism, war, biological/chemical threat, strikes, labor disputes and more. These issues can affect direct suppliers, but they can also occur anywhere throughout the supply chain, e.g., sub-tier suppliers, shipping and other logistics ser
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