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The Global Supply Chain and Risk Management by Stuart Rosenberg

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EPILOGUE

Supply Chain Risk Management—The Future Scope

Between 2005 and 2014, the world averaged 335 annual natural disasters—a 14 percent increase from the prior decade. That’s double the recorded events during 1985 to 1994.

Experts do not know the exact details of how climate change will impact the future, but higher instances of extreme weather and more weather-related disasters are certain.

Per the United Nations Food and Agriculture Organization (FAO) natural disasters caused a total of $1.5 trillion in damages worldwide between 2003 and 2013, causing more than 1.1 million deaths and affecting the lives of over two billion people. Since the infrastructure, where these disasters took place, has been at least partially destroyed, security ...

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