Visibility on risk is vital if businesses are to avoid making costly blind decisions, says Chonchol Gupta CEO of risk analytics firm Rebirth Analytics

Suppliers are often in the dark over multiple factors affecting procurement, production, and provenance. You might have trusted relationships with your long-term suppliers but they might not enjoy a similar relationship with their own suppliers, who could well be withholding key information.

Or it might be that neither buyer nor supplier is aware of the impact that political, economic, or even weather risks, will have on their ability to deliver the goods. 

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