The RapidRatings Blog

Recently, RapidRatings attended ISM World 2023, a three-day event that served as a gathering place for top professionals in the supplier space, risk management sector, sustainability, manufacturing, and more.

In the time since our 2022 blog post, Commercial Bankruptcies May Come Back With a Vengeance in 2023, our prediction has become a stark reality.

Retailers face a perfect storm due to the rising cost of capital, trouble in the banking sector, slowing residential real estate market, record levels of household debt and persistent inflation that is already turning the tide on consumer demand.

Your suppliers’ ability to deliver on-time, on specification, and per the terms of contracts will be put to the test.

The Silicon Valley Bank fallout may not hurt consumer-facing companies immediately, but is likely to have longer-term consequences, industry sources tell Richard.