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 Are economic imbalances and social inequality risk reversing the gains of globalization? Should we shift our concern from environmental risks to socioeconomic risks? Those are the questions asked by this year’s Global Risk Report, published by the World Economic Forum. [ ... ]  Today’s supply chains circle the globe and form the backbone of world trade and a are major factor in the global economy, and this increasingly tighter connected world is also increasingly dangerous, and it thus imperative to secure supply chains against any form of man-made and natural disruption. [ ... ]  In September and October 2009 the Economist surveyed 500 executives with responsibility for risk management, and selected from companies across Asia-Pacific, North America and Europe, in order to understand how companies are being affected by supply-chain risk, and how they are responding to it. [ ... ]  In our quest for greater efficiency and greater choice, are we really developing robust global transport networks or simply building a house of cards? That is what the Supply Chain and Transport Risk Initiative, nested within the Risk Response Network of the World Economic Forum is trying to answer. [ ... ]  Written in 2008 and well before the global financial downturn had companies think of anything but supply chain risk, this study of 110 North American risk managers by Marsh found that only 35 percent considered their companies to be “moderately effective” at managing supply chain risk. [ ... ]  What happens when a business is disabled for a length of time? What are the impacts on its profitability, service delivery, and employees? What are the effects to the broader community? What are the key attributes that can help a business to bounce back or bounce forward from a disruption? [ ... ]  Creating Resilient Supply Chains: A Practical Guide, published by the University of Cranfield in 2003, almost a decade ago, is now perhaps the standard reference for research in risk, vulnerability and resilience in supply chains, and it belongs in every literature review on those subjects. [ ... ]  In this whitepaper by hiperos.com, supplier risk management is focused on four areas: the supplier’s viability, performance, compliance and corporate social performance. That is a perspective very much in line with my own ideas of holistic risk management and how a company should work with risk. [ ... ]  The report, written by the Hyder Consulting Group, dated 2010 and titled Network Resilience and Adaptation, assesses and details in great depth the vulnerability and resilience of the transport infrastructure in the East of England. And it uses me as a reference. [ ... ]  Today’s list of supply-related risks can seem nearly infinite and how can any firm not be overwhelmed by this? Zycus, the self-proclaimed spend management experts, have written a whitepaper about it, where they detail how firms can move towards holistic supply-risk management. [ ... ] | | |
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2012/01/23 
