How Under Armour Uses Predictive Analytics to Maintain a Resilient Supply Chain
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When critical supply chain partners are financially weak, they become more likely to be the source of unpleasant surprises: missed deadlines, unmet requirements or large disruptions. Such supplier problems can damage a company’s brand reputation and sales.
For these reasons, companies like Under Armour decided to expand their enterprise risk management program to strategically assess their vendors’ ability to deliver. By using several different risk indicators and predictive financial models, Under Armour was able to assess their partners’ financially viability and ultimately build a more resilient supply chain.
Get the playbook to learn how to:
Identify early signs of financial instability in suppliers
Develop contingency plans
Offer strategic support to struggling partners
Incorporate automated financial analyses of suppliers
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