CHAPTER 4The Organization, the Supply Chain, and Business Continuity
SUPPLY CHAINS HAVE EVOLVED into far-reaching, complex, multitiered, demand-driven supply networks. As a result, the ways in which supply chain risks were managed in the past, if managed at all, do not work today. A new standard for supply chain risk management is required. Suppliers have their own tiers of subsuppliers, increased outsourcing of supply chain processes, and contracting out of manufacturing operations. They therefore must be viewed in terms of the accompanying greater risks and less direct control. Even a disaster in a seemingly less critical, remote part of the chain can result in a supply chain interruption that can lead to a failure to meet customer expectations. ...
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