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 Global supply chains are increasingly becoming more vulnerable to potential disruption to trade. 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. [ ... ]  How will the current financial downturn affect supply chains? The 2009 Global Risk Report by the World Economic Forum takes a broad look, not a certain industries or sectors or parts of the economy, but looks at whole countries and their risk preparedness. [ ... ]  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. Not only that, air freight will also be impacted, but why is this important? [ ... ]  In my post two days ago, reviewing the article by Manuj and Mentzer (2008) titled Global Supply Chain Risk Management, I mentioned that they cited a paper by Ghoshal (1987) titled Global Strategy: An Organizing Framework as one of their references for listing risk management strategies. Today, I will take a closer look at that paper. [ ... ]  It is now frightening to see how true the predictions in this report were in Global Risks 2008, a report prepared by the World Economic Forum. I can only hope that the global financial turmoil does not translate into a global supply chain turmoil. [ ... ]  Supply chain disruption – a global issue? All companies and governments dependent on external suppliers are exposed to the risks of disruption in their supply chain. Even a relatively small supply chain disruption caused by a local risk event may ultimately have consequences across the global economic system. [ ... ]  Organisations embarking on offshoring face multiple challenges; many of which can be extremely daunting. Sridhar Vedala, Director – Global Sourcing at EquaTerra explores the top 10 challenges of offshoring today and provides suggestions on how to tackle them head on. [ ... ]  The book Strategies for Building Successful Global Businesses, by the INSEAD-Wharton Alliance on Globalizing, contains 6 articles on managing risk and uncertainty. Today I will look at one of these articles that deserves further mentioning. [ ... ] | | |
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2009/03/04 
