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The case for supply chain risk management

from SupplyChainBrain

With the recent oil spill in the Gulf of Mexico, risk management has become a hot topic at both conference tables and water coolers. Aside from this stark reminder, effective risk management strategies are increasingly important in today's marketplace. As supply chains have become leaner and more efficient at reducing waste, the result has been greater risk for supply chain disruption. Offshore manufacturing, global outsourcing and procurement, variable supply and demand, and multinational regulations are pushing companies to develop risk management strategies that go beyond company doors to include suppliers, customers and the civil public. more

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