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May 22, 2024

Sepi Hoff shares five critical considerations when building supply chain resiliency in a Phoenix Business Journal article

As we progress through 2024, the intricate nature of global trade has become increasingly intertwined with business's economic well-being. This has elevated the importance of having supply chain risk management strategies from merely beneficial to an absolute necessity.

Sepi Hoff, executive business insurance producer at Marsh McLennan Agency, Arizona, recently provided insights to Phoenix Business Journal on the combined strengths of supply chain resilience and business insurance. He also touched on the importance of implementing mitigation strategies and assessing probability.

"True resilience means being prepared for an ongoing series of challenges, not just a one-time setback. This demands more than quarterly monitoring," said Sepi. "With the only constant in manufacturing being change, your strategies must adapt in tandem, ready to meet new challenges and capitalize on emerging opportunities."

Read the full Phoenix Business Journal article to learn more about leveraging supply chain resiliency strategies.