RapidRatings Knowledge Center & Articles

A supply chain is only as strong as its weakest supplier. When a supplier fails, an organization's entire production line can suffer. To safeguard operations, organizations need to proactively monitor the financial health of their suppliers, especially private ones, at least twice a year.

Financial institutions rely heavily on third-party partners, from financial management to day-to-day operations. When a third-party provider fails, the entire organization can be compromised. To safeguard operations, financial institutions need to proactively monitor the financial health of their third-party partners, especially private ones, at least twice a year.

The automotive industry has been severely hit by supply chain disruptions, creating a domino effect of production delays, transport bottlenecks, and factory closures. These disruptions have hindered production and strained manufacturer-supplier relationships, highlighting the urgent need to strengthen supply chain resilience.

Building trust with your supplies is essential for ensuring the resilience of your supply chain.

Disruptions in the global supply chain have damaging effects—delayed shipments, empty shelves, businesses scrambling to keep up. It affects everyone, but for businesses, the impact is devastating.