Litigation survival guide - part 2. Keep your friends close, keep your suppliers/customers closer - avoiding problems in the supply chain

Surviving the economic downturn is not just about looking after your own business. Monitoring the performance of significant customers/suppliers can be crucial to your financial performance. Businesses will run into serious difficulties if they do not get paid by customers or their suppliers go out of business.

Failure of one company in a supply chain can have a serious impact on the rest of the chain which can lead to financial loss, reputational damage and even insolvency.

Wragge & Co's experts provide some practical guidance on supply chain management to help avoid this unwelcome scenario.