CommScope Holding Company, Inc. is at the forefront of providing telecom infrastructure solutions. To steer clear of bankruptcy after a few tumultuous years of supply chain breakdown and cost pressures, it will have to come up with a different kind of fix.
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The party's over. Party City Holdco put up a fight, but suffocating debt and supply chain woes forced the American retailer into Chapter 11 bankruptcy.
In this Distressed Supplier Report, the near-term fate of Triumph Group, Inc. is discussed: why this supplier is in trouble, which SupplyChainMonitor features are unearthing Triumph Group's hidden dangers, and the contingency plans procurement professionals must make to keep their supply chain intact in the face of the company's ballooning financial risk level.
A supplier network fraying at the edges can eventually break down into a full-blown disruptive crisis. With global debt soaring, daily bankruptcy risk evaluation is a must.
Inbound Logistics' Sandra Beckwith cites CreditRiskMonitor as a power user of crowdsourcing throughout the supply chain—from product design to final-mile delivery—to better assess risk.
In this Bankrupt Supplier Report, the recent bankruptcy of Unique Fabricating, Inc. is explored: why this supplier was in trouble, which SupplyChainMonitor features provided early warning of the company's various risks, and what procurement professionals could have done - and must do in the future - to keep their supply chain intact when faced with financially distressed suppliers.
CreditRiskMonitor President William Danner recently contributed an article for Food Logistics which took an in-depth look at the problem of corporate debt in the supply chain world.
Tobacco giant Pyxus International has filed for bankruptcy, citing COVID-19-related supply chain disruptions and an overall decline in cigarette sales and consumption.
CreditRiskMonitor is announcing the launch of SupplyChainMonitor, a brand-new sister platform serving the company's rapidly expanding clientele working in procurement, at the Institute for Supply Management's ISM World 2022 event on May 23.