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Managing risk in the supply chain
- Why are supply chains more vulnerable?
- Understanding the supply chain risk profile
- Managing supply chain risk
- Achieving supply chain resilience
Today’s marketplace is characterised by turbulence and uncertainty. Market turbulence has tended to increase in recent years for a number of reasons. Demand in almost every industrial sector seems to be more volatile than was the case in the past. Product and technology life cycles have shortened significantly and competitive product introductions make life cycle demand difficult to predict. Considerable ‘chaos’ exists in our supply chains through the effects of such actions as sales promotions, quarterly sales incentives or decision rules such as reorder quantities. ...
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