Despite the long-standing need of making the supply chain more resilient, the global emergency of Covid-19 took the task to a new level. By the beginning of 2020, 75% of businesses experienced a global supply chain disruption along with the increased demand for goods & services by nearly 40% by the end of 2020. Most of these disruptions are caused by unpredictable factors such as natural disasters, technology failures, and geopolitical stress, etc. These issues have had their crucial imprints on global economies, encouraging legal authorities and organizations across all industries to work together on solutions. Read more: https://www.axioscreditbank.com/blogs/supply-chain-management-risk-ways-to-mitigate-risks-safeguard-your-supply-chain