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Title : Slashing Supply Chain Risk
Company : Geocritical, LLC
Date : 05-Feb-2008
Downloads : 3

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Featured Article by Andrew Dailey

Today's supply chain professional faces a dynamic range of natural and man-made risks including hurricanes, earthquakes, avian flu, political unrest and terrorism. Global sourcing and off-shoring reduce a company's visibility and control of issues within its supply chains. Additionally, lean supply chain valuation, just in time inventory, and sole sourcing create networks even more susceptible to environmental risk. Although corporate risk management mitigates potential loss due to these catastrophes, penalties and insurance cannot replace market share, repair harm to a company's reputation, or recover loss of customer confidence.
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