Supply Chain

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.

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

‘Change’ is not an unfamiliar word in the fashion industry. But in recent years, it’s been a loaded one—as stores began to shift from brick and mortar to eCommerce. Inherent in this major trend was (and is) a complete reshaping of legacy companies’ operating models, operating efficiencies, inventory management, human capital, and much more. In the pandemic era, the new model (and all its conveniences to boards and customers alike) has taken on an outsized weight.

Last year, we predicted that the pandemic would exacerbate pre-existing weaknesses in the financial health of both public and private companies across industries. Among 24 out of 30 industry categories, there was an average six-point drop in core health from YE ‘19 to YE ‘20. This type of fundamental deterioration of US corporates is significant.