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Breakthrough Supply Chains: How Companies and Nations Can Thrive and Prosper in an Uncertain World
book

Breakthrough Supply Chains: How Companies and Nations Can Thrive and Prosper in an Uncertain World

by Christopher Gopal, Gene Tyndall, Wolfgang Partsch, Eleftherios Iakovou
June 2023
Intermediate to advanced content levelIntermediate to advanced
320 pages
6h 33m
English
McGraw-Hill
Audiobook available
Content preview from Breakthrough Supply Chains: How Companies and Nations Can Thrive and Prosper in an Uncertain World

CHAPTER 7

Risk, Assurance, and Resilience

Allowance must be made for the intervention of the unexpected.

—Winston Churchill1

Supply chains have been at the nexus of globalization, exploiting the cross-border flows of goods, capital, and information. It is imperative that supply chain executives today be aware of geopolitical and macroeconomic issues—they must know the world they are sourcing from, selling into, and redesigning supply chains from end to end. Knowing about purely functional areas such as inventory management and logistics is no longer enough. Since the 1990s, and especially after the inclusion of China in the World Trade Organization (WTO) in 2001, many companies expanded their operations on an international basis. They globalized ...

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Publisher Resources

ISBN: 9781264991884