Explore our new FAST Rating and Risk Level enhancements in our on-demand webinar.
The party's over. Party City Holdco put up a fight, but suffocating debt and supply chain woes forced the American retailer into Chapter 11 bankruptcy.
Inbound Logistics' Sandra Beckwith cites CreditRiskMonitor as a power user of crowdsourcing throughout the supply chain—from product design to final-mile delivery—to better assess risk.
CreditRiskMonitor President William Danner recently contributed an article for Food Logistics which took an in-depth look at the problem of corporate debt in the supply chain world.
As commercial bankruptcies continue to rise, tracking supplier financial risk should be a strategic priority. When suppliers become financially distressed or fail, they can quickly trigger disruptions across the supply chain. Because organizations often rely on hundreds to tens of thousands of suppliers, mitigating this risk requires clear supplier classification, actionable financial risk insights and collaboration across departments. Risk monitoring platforms provide the most cost-effective means to accomplish this.
CommScope Holding Company, Inc. is at the forefront of providing telecom infrastructure solutions. To steer clear of bankruptcy after a few tumultuous years of supply chain breakdown and cost pressures, it will have to come up with a different kind of fix.
Armed with CreditRiskMonitor’s SupplyChainMonitor product, procurement teams worldwide are restructuring by onshoring, nearshoring, and avoiding increasingly risky countries.
In this Distressed Supplier Report, the near-term fate of Enviva, Inc. is discussed: why this supplier is in trouble, which SupplyChainMonitor™ features are unearthing Enviva's hidden dangers, and the contingency plans procurement professionals must make to keep their supply chain intact in the face of the company's ballooning financial risk level.
In this Distressed Supplier Report, the near-term fate of Triumph Group, Inc. is discussed: why this supplier is in trouble, which SupplyChainMonitor features are unearthing Triumph Group's hidden dangers, and the contingency plans procurement professionals must make to keep their supply chain intact in the face of the company's ballooning financial risk level.
In this Bankrupt Supplier Report, the recent bankruptcy of Unique Fabricating, Inc. is explored: why this supplier was in trouble, which SupplyChainMonitor features provided early warning of the company's various risks, and what procurement professionals could have done - and must do in the future - to keep their supply chain intact when faced with financially distressed suppliers.