It’s Time to Rethink Supply Chain Risk Management

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Loss of sales and market share are the most visible and measurable impacts. McKinsey estimates that shocks lasting a month or longer are occurring every 3.7 years and companies ...

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Loss of sales and market share are the most visible and measurable impacts. McKinsey estimates that shocks lasting a month or longer are occurring every 3.7 years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions.

Herculean efforts by Procurement and Supply Chain departments to keep supplies flowing have prevented even more extreme disruptions than what we’ve experienced, but have inadvertently created additional risks.

Read the full article on Ivalua.com

Disaster Recovery, Enterprise Risk, Safety and Security

Sponsored Content
Featured Video

Webinars, Podcasts & Videos

Business Continuity Webinar

Did You Miss Our Latest Business Continuity Webinar?

It's not too late! You can still watch the “Business Continuity Exercise Planning and Facilitation Techniques To Start Now” video webinar.

facility resilience webinar

From Prevention To Action: The Role Of Facilities Management In Handling Emergencies And Maintenance

This free webinar on facility resilience will provide actionable strategies to safeguard assets, protect lives, and ensure operational continuity.

adaptive decision-making

Listen Now: Decision-Making During A Crisis

Robert C. Chandler, Ph.D, Founder and Principal of Emperiria discusses his research on adaptive decision-making in this podcast.

Receive the latest articles in your inbox

Share to...