What’s happening with supply chain risk?Supply Chain Management
Supply chain risk actually increased significantly last year. Supply & Demand Chain Executive reported, “A new report from Resilinc reveals that global risks have increased throughout 2018, with geopolitical conflicts, such as trade conflicts and Brexit, posing some of the most potentially costly and disruptive supply chain impacts.” While some disruptions just can’t be planned for, that doesn’t mean you should wait it out. Start planning now and stay educated on how political climates worldwide could impact your business.
Supply Chain Risk Increased 36 Percent in 2018
"Supply chain, sourcing and procurement professionals are on the front lines of managing global trade risks for their companies," says Bindiya Vakil, Resilinc CEO.According to Supply Chain Management Review, the firm classified 907 events as those impacting its customers' mapped supplier sites, requRead the article