Supplier business failure often goes undetected, but can be caught early, if procurement executives know where to look. Here's a short quiz to check your awareness of supply chain financial risks.
Now, there's an easier way to add an industry perspective to your credit assessments. The FRISK® Stress Index is the risk manager's equivalent of having precut vegetables in the kitchen.
The 121-year-old iconic retailer has been on bankruptcy watch for several years now. But Sears is still around -- and our view is the probability of bankruptcy this year is not as high as widely assumed.
Supplier scorecarding and vendor audits are a critical piece of managing supplier risk at Duke Energy, a global utility with $25 billion in sales and over 30K employees.
Is there a global credit bubble? According to some headlines, all is well … but these trends tell a different story.
When problems persist quarter after quarter, bankruptcy is likely. To recognize the early warning signs, you simply need to know how to read the patterns.
“You probably won’t read anything like this in the Wall Street Journal or elsewhere that we’re aware of. This is good data gathered in the trenches and is flashing warning signs.”
That’s what Credit Today magazine had to say about the new CreditRiskMonitor FRISK® Stress Index in a recent review. They went as far as calling it “the holy grail of leading indicators.”
We’re honored, of course, but what does the index mean to you?
CreditRiskMonitor has a new look — and new content! We've updated our site to keep you up-to-date with our service and the changing world of risk.
Have you heard of Sysco Foods?
You’ve almost certainly benefited from their services. $48B Fortune 100 company Sysco is the world's largest food distributor and supplies everything from dishes to ingredients to even hair nets. They serve the needs of almost anywhere food is served, including hospitals, schools, hotels — even casinos.
"I don't have any public company risk." Have you ever told yourself that?
You might be very surprised. We work with credit managers and procurement professionals at leading companies around the world, and here’s a consistent finding: Public companies usually account for far more dollar risk exposure than our customers think.
As Bob Dylan famously wrote, "The hard rain, it's a-gonna fall."
When it comes to financial risk, we are living in some seriously soggy times. 2016 is shaping up to be a risky and volatile year. Whether or not the current turmoil turns into a full-blown recession is anyone's guess at this point — and there are a lot of guesses out there — but one thing for sure is that risk levels are rising, and rising fast.