New markets are ruled through calculated risk, but it is best to avoid it firms whenever possible. Risk signifies lost revenue, disrupted partnerships, idle equipment, brand damage and a host of other effects that are not advantageous to corporations. So, mitigation of risk is important. The less risk, the better. Your ERP system can reduce risk by the following ways: Use Demand-Driven MRP, Automate Reorders and Manual Tasks, Share Supply Buffers with Partners, Beef Up Compliance Management, Boost Risk Management with Predictive Analytics, Improve Decision Making, Keep Better Tabs on Suppliers. Read more at: http://it.toolbox.com/blogs/inside-erp/seven-ways-erp-can-improve-risk-mitigation-78526