of over 3,000 senior executives undertaken by the consultancy company
McKinsey in 2006 reported that they believed their companies faced growing risk
to disruptions to their supply chains. However, the same survey found that in many
cases companies had inadequate processes in place for the management and
mitigation of that risk. Whilst most organisations recognise the need to regularly
assess their risk profile, that assessment has tended to be focused on broader
regulatory and financial risk issues rather than supply chain vulnerability.
It can be argued that in today’s volatile business environment the biggest risks
to business ...
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