Question: what are supply chain risks and how to mitigate them?
Answer: Evaluate and Identify Current Risks. Take a critical look at your business and identify areas with risk exposure. ...  Prioritize by Probability and Impact. ...  Ensure Supplier Quality. ...  Diversify Suppliers. ...  Be Aware of Suppliers' Risks. ...  Include Partners in Risk Planning. ...  Purchase Cargo Insurance. ...  Be Transparent with Partners.