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5 Steps to Mitigate Risk in Your Supply Chain for Small Business Owners

Posted By ivanpw 387 days ago on Business

https://www.smbceo.com - The post 5 Steps to Mitigate Risk in Your Supply Chain for Small Business Owners appeared first on SMALL BUSINESS CEO.

Running a small business isn’t without risk. However, there are measures you can take to reduce some risks. This includes your supply chain. Following these suggestions for mitigating risk in your supply chain can help you achieve a smoother business, even when things don’t go as planned.



1. Conduct a Risk Assessment in Your Supply Chain Operations

You probably carry out risk assessments in other parts of your business, so do the same with your supply chain operations makes sense. Conducting a risk assessment will highlight the problems you might face with your supply chain in the near and more distant future.…

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