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Global supply chain risk at its highest level in 24 years |
Материал из категории News of logistics (in English) | |||||||||||||||||||||||||||||||||||||||||||||
01.04.2017 17:44 | |||||||||||||||||||||||||||||||||||||||||||||
Метки (тэги, tags): 2016 was the year of economic nationalism as supply chain risk reaches record high, according to CIPS. - Global supply chain risk climbed to its highest level in 24 years, as measured by the CIPS Risk Index, compiled by Dun & Bradstreet. - - Rise of economic nationalism causes uncertainty for global supply chains. Global supply chain risk grew to a record high at the end of 2016 as the CIPS Risk Index, compiled by Dun & Bradstreet, rose to 82.64, from 79.14 at the end of 2015. The figures put global supply chain risk at the highest level in 24 years following a year in which the pace of globalisation appeared to slow. Global supply chain risk Q4 2016 The index, produced for the Chartered Institute of Procurement & Supply (CIPS) by Dun & Bradstreet economists, tracks the impact of economic and political developments on the stability of global supply chains. A combination of economic nationalism, rebounding commodity prices and the growth of a burgeoning Chinese middle class is making long international supply chains a more risky prospect, while there has been an average of 22 new trade restrictive measures a month in the World Trade Organisation’s latest report. The upward trend in supply chain risk is clearest in In addition to the At a global level, Donald Trump’s election success in November confirmed a wider shift towards protectionism in global trade policy. The adoption of protectionist trade policies, closing of borders and pursuit of bilateral trade deals over multilateral ones, all signal that the gap is widening between an interdependent global economy and the sole pursuit of national interests. As multilateral trade agreements, such as the Trans-Pacific Partnership are dismantled, global supply chains face unparalleled uncertainty and stress. North America’s contribution to global risk remained static over 2016 as the North American economy continued on a trajectory of growth and
Figure l. Contribution to global risk.
Asia Pacific remained the highest contributor to supply chain in risk in 2016, due to the region’s importance to global supply chains. Asia Pacific’s contribution to global risk fluctuated between General manager CIPS Asia Pacific Mark Lamb said: “We’ve seen a significant rise of economic nationalism in 2016, with “This trend is set to continue and supply chain risk to increase further, in particular with upcoming elections in “Our region remained the highest contributor to supply chain risk last year due to APAC’s importance to global chains, and this could increase further as Lead economist at Dun & Bradstreet Bodhi Ganguli said: “Dun & Bradstreet’s Global Risk Score measuring supply chain risk rose to an all-time high in Q4 2016, reflecting a rise in political and economic risk. “Uncertainty stemming from significant trade and foreign policy changes implemented by the new
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