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All posts tagged global risks
 2009/11/09  BOOKS and BOOK CHAPTERS
Just out a few days ago, Single Point of Failure is a fascinating read. The author, Gary S. Lynch, is Global Leader, Supply Chain Risk Management Practice at Marsh Consulting, so he knows what he is talking about. The book’s tagline reads “The 10 Essential Laws of Supply Chain Risk Management” and what Gary Lynch is trying to convey is that there are certain basics every manager should know, understand, and act upon. Lynch breaks down Supply Chain Management into ten basic laws, neither founded in academic theories or mathematical formulas, but simple basic principles that anyone can appreciate.
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 2009/06/06  BOOKS and BOOK CHAPTERS
The Handbook of Global Supply Chain Management is an excellent book. My interest in it stems from the fact that it contains a chapter on risk management. It was after reading Manuj and Mentzer’s articles on Global Supply Chain Risk Management and Global Supply Chain Risk Management Strategies that I came across this book, when searching for more papers from Mentzer and/or Manuj, and naturally, I decided to see if there was something on supply chain risk in it. There was.
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 2009/03/04  REPORTS and WHITEPAPERS
Global supply chains are increasingly becoming more vulnerable to potential disruption to trade, says Aon, one of the world’s leading providers of risk management services, insurance and reinsurance brokerage. Every year, Aon publishes a political risk map, and in 2009 the number of countries tagged with ‘supply chain vulnerability’ has increased from 38 to 54 due to risks ranging from government embargo or interference with a supplier through to strikes, terrorism and sabotage.
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 2009/02/18  REPORTS and WHITEPAPERS
How will the current financial downturn affect supply chains? That’s what we all wonder about, isn’t it? I was hoping that the annual Global Risks report, published by the World Economic Forum would shed some light on that, picking up on their 2008 subject, Hyper-optimization and supply chain vulnerability: an invisible global risk?. But, the 2009 report did not follow up that particular subject, it went in a different direction, taking a broader look, not a certain industries or sectors or parts of the economy, but looking at whole countries and their risk preparedness. What the financial crisis has shown, is that the globalized world is interconnected.
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Is the temporary shut-down of Bangkok’s two international airports important in a supply chain perspective? So far, the issue has been stranded tourists, maybe as many as 100000. Now it’s also becoming a major headache for the tourist industry and subsequently for Thailand’s national economy, loosing as much as $85 million per day, according to the BBC News. Not only that, air freight will also be impacted, but why is this important?
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