Making the move from supply chain risk to supply chain resiliency
The recent announcement of Hanjin Shipping filing for bankruptcy protection, and the ensuing chaos resulting in 10’s of billions of dollars of cargo stranded at sea, is the latest reminder of the inherent risk in global supply chain management. Supply chain risk rears its head directly as in the case with Hanjin, but also indirectly - where issues like the 2016 U.S. presidential election, large-scale cyberattacks, hurricane Matthew and the on-again/off-again Trans-Pacific Partnership agreement WILL all impact global supply chains in some way.
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