In episode 8 of the podcast, Adrian dials in with Renaud to discuss supply chain risk, how to manage it, and some of the tools that can really help make a difference for importers.

• What is supply chain risk

We follow the topics of this blog post: Supply Chain Risk Management, Part 1: What are VUCA and Black Swans?

• Explaining what a BCP is and its benefits

This section focuses on the topic of this blog post: Supply Chain Risk Management, Part 2: The Business Continuity Plan

As promised, you can get Renaud's BCP template and configure it for your own needs should you wish to undertake your risk analysis for your own business here: https://bit.ly/BCPTemplate

• Why most purchasers pay too much attention to the price of what they buy but fail to take risks into account such as too much complexity, unreliable suppliers, etc

This section draws on this blog post: Supply Chain Risk Management, Part 3: A Purchaser Supply Chain KPI Scorecard’s Benefits

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If you have any questions about the topics discussed in this episode you can get in touch with us and we'll do our best to answer them and also remember to subscribe to Renaud's blog at QualityInspection.org and visit Sofeast if you need assistance on the ground in China or SE Asia with your supply chain, quality, product development, and much, much more.