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Predictive Analytics: Mitigating Supply Chain Risks

Predictive analytics mitigates supply chain risks by identifying potential disruptions and vulnerabilities before they occur. By analyzing historical data, market indicators, and external factors, businesses can anticipate issues such as supplier delays, transportation bottlenecks, or demand fluctuations. This proactive approach allows companies to develop contingency plans, maintain smooth operations, and minimize the impact of disruptions on their supply chains.

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