Businesses face all sorts of risks in almost all aspects of their business operations. Perils in the supply chain are some of the risks that can potentially cause severe and lasting damage to the capability of a business to operate and its reputation with clients and customers.
Large enterprises and multinational corporations often have to manage risks at several tiers or layers of their suppliers, vendors, and service providers.
When a business suffers from disruptions to its supply chain, this can have an impact on all aspects of its business operations. And they can often result in financial losses and damages.
Continue reading “How 3rd Party Liability Insurance Protects Your Supply Chain!”