Supply Chain Disruptions: How to Create a More Resilient Supply Chain

Manufacturers today must make sourcing decisions in an environment where they don’t know all of the factors.

Globalized sourcing operations increase the likelihood of risk or disruption at every turn.

Fierce competition and tight cost margins can further magnify the impact of a supply chain failure on a business.

Supply chain stability and brand protection is at stake in every sourcing decision.

With operations scattered around the globe, companies face a host of new perils:

• Political and currency risks

• Cyber-attacks

• Terrorism

Natural or man-made disasters like those we witnessed during Hurricane Katrina, Fukushima, Nepal, and Tianjin.

Despite these perils, companies are still not taking risk management seriously and have paid dearly as a result.