Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How Procurement Teams Handle Supplier Insolvency Risk
Most procurement teams focus on price and quality, but the real existential threat to supply chains is supplier bankruptcy. In this episode, Lucas and Luna dissect how buyers manage insolvency risk using financial health monitoring, contractual safeguards like escrow accounts, and operational redundancy. We look at specific indicators like liquidity ratios and covenant breaches that signal trouble before a supplier defaults. You will learn why ignoring the financial stability of your tier-two suppliers can cost you millions in disruption, and how to build a resilience framework that protects…
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