Supply Chain Risk Assessment & Mitigation Service Sheet
Supply Chain Global Solutions
Global supply chains have experienced an unprecedented range of disruptions in recent years, severely impacting the ability of companies to source, produce and distribute products and services. Strategic thinking has evolved from “supply chain as a limited function” to one of a “whole-of-company” approach to the supply chain value proposition.
Expansion of the supply chain value proposition and the burgeoning risks associated with it have shifted the focus from ever-greater efficiencies to managing and mitigating supply chain risk and building resiliency.
How FTI Consulting Can Help
Today’s supply chains face a myriad of risk issues ranging from increased lead times to non-performing suppliers. FTI Consulting partners with you to assess your current supply chain risks, quickly uncover the root causes and develop a roadmap to improve your risk profile.
FTI Consulting’s supply chain risk assessment methodology is based on elements from the Supply Chain Operational Reference (SCOR) model and other relevant standards and processes, and expertise from within FTI Consulting’s practices.
FTI Consulting’s robust and flexible risk identification methodology reviews the end-to-end supply chain, including:
- Workflow and processes
- Regulatory compliance
- Export controls and tariffs
- Track and trace/material identification
- Blockchain and technology solutions
- Procurement & sourcing strategies
- Third party vendor due diligence
- Fraud & counterfeiting
- Factory/labor conditions
- Strategic communications
FTI Consulting’s supply chain risk identification process includes follow-on mitigation solutions to reduce identified risks and optimize resiliency in end-to-end supply chain operations, based on a client’s specific needs. Our team brings best-practice expertise in executing supply chain risk analysis and proposing relevant solutions sets while providing guidance on maintaining the efficiency, execution and mandated compliance of a client’s supply chain.