RapidRatings Knowledge Center & Articles

A supply chain is only as strong as its weakest supplier. When a supplier fails, an organization's entire production line can suffer. To safeguard operations, organizations need to proactively monitor the financial health of their suppliers, especially private ones, at least twice a year.

The automotive industry has been severely hit by supply chain disruptions, creating a domino effect of production delays, transport bottlenecks, and factory closures. These disruptions have hindered production and strained manufacturer-supplier relationships, highlighting the urgent need to strengthen supply chain resilience.

Building trust with your supplies is essential for ensuring the resilience of your supply chain.

Disruptions in the global supply chain have damaging effects—delayed shipments, empty shelves, businesses scrambling to keep up. It affects everyone, but for businesses, the impact is devastating.

RapidRatings Executive Chairman James Gellert spoke to Bloomberg Law on the state of private company distress. Research by RapidRatings and Marblegate Asset Management highlighted that a large portion of middle market companies (the backbone of supply chains and vendor ecosystems for the world’s largest companies) are collapsing under today’s conditions.