PT  - JOURNAL ARTICLE
AU  - Nancy Colah
TI  - A Case for Supplier Risk Management
DP  - 2003 Mar 20
TA  - Turnaround Management
PG  - 103--106
VI  - 2003
IP  - 1
4099  - http://guides.pm-research.com/content/2003/1/103.short
4100  - http://guides.pm-research.com/content/2003/1/103.full
AB  - The enormous risk that can lie with insolvent suppliers may sometimes catch companies off guard and wreak as much havoc on their operations and bottom-line results as the loss of a good customer. This risk, coupled with today's industry dynamics, makes it imperative that a company take a proactive approach in monitoring its supply base, rather than waiting for trouble to strike. This article discusses how to recognize supplier risk, industry factors that lead to it, measures to combat it, as well as descriptive case studies that illustrate the positive impact a proactive approach can make.