CNC Insurance Delaware Business Insurance Update: Supply Chain Risks

Supply chain disruptions are one of the leading causes of lost revenue for businesses. For some businesses, that lost revenue may take months or even years to fully recover. How can businesses reduce their risk when it comes to supply chain? To start with, risks have to be identified. It may be a suppliers geographical location, or a severe weather event, or even a shortage of raw material. No matter what the issue, once the risks are identified, a business can manage it's risk more efficiently. Planning for these events and having an alternative when they occur, will only benefit your business in the long run. Well, until next time, be careful out there and know your risks.

G. Kevin Nemith
President, CNC Insurance

Proudly serving Delaware, Maryland, Virginia, Pennsylvania, and New Jersey.
www.cncinsurance.com
www.bizinsurancetv.org

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