Supply Chain Risk
Get the coverage you need to keep things flowing.
You need to protect your business from every significant type of risk. Few have more of an impact than those facing your supply chain. Understanding where the risks lie and taking steps to mitigate them provides your organization with the stability and strategic advantage it needs when incidents outside of your control occur.
The risks represented by key suppliers—especially when there is an over-reliance on one or two vendors—require continued assessment to understand and mitigate potential business interruption.
To reduce your costs, solidify your value chain, and improve your cash flow, speak with an IOA advisor for a thorough review of the best approach to risk management for your needs.
Causes of Loss
- Closures of transportation infrastructure
- Financial issues
- Industrial accidents
- Labor issues
- Natural disasters
- Political upheaval
- Public health emergencies
- Regulatory actins