In the fast-paced world of global commerce, supply chains are more interconnected—and vulnerable—than ever. Imagine relying on a snoopy smoke extra tank to power a spaceship: it’s quirky, unpredictable, and prone to failure under pressure. Similarly, outdated 3rd party risk management (TPRM) practices leave businesses exposed to disruptions that ripple across suppliers, vendors, and customers. But what if you could predict risks before they erupt? Enter predictive analytics—the game-changer transforming how companies safeguard their supply chains. Why Predictive Analytics is the Ultimate Game-Changer? Traditional third-party risk management often operates like a fire drill: reactive, chaotic, and costly. Companies scramble to assess vendors after a breach or compliance failure, leading to…