As manufacturers extend their operations throughout the world, they face greater dangers to their supply chains. The list of threats is long and peppered with ominous terms, such as earthquake, counterfeiting, faulty infrastructure, and political upheaval.
Unlike today's digital mesh networks, which effortlessly route data around malfunctioning nodes, supply networks remain mostly linear, point-to-point affairs, and that means they are vulnerable. But manufacturers that are best able to navigate the network will reap the reward. Check out the resources on this page for actionable insight on conquering risk.
Research Reports & Studies
"From Vulnerable to Valuable: How Integrity Can Transform a Supply Chain"
The analysts at PricewaterhouseCoopers parse the concept of supply chain integrity, which they describe in this report as a balance of operational goals and reputational risks. Companies that fail at this are "severely punished," the authors say.
"Managing Global Supply Chains: McKinsey Global Survey Results"
Beware the gap between typical supply chain practices and true risk management, warns this McKinsey report. The firm recently surveyed operations and other senior executives, and found too much supply chain risk on the balance sheet.
"Supply Chain Risk Management, a Wiki"
Check out this wiki for in-depth information on the sources of risk and the phases of risk management. The collaborative description also includes a discussion of the technology that can support risk mitigation.