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As if CEOs didn’t already have plenty to keep them up at night, here’s a pair of nightmarish supply chain risk statistics, from a just-published study conducted by Deloitte Consulting:
Businesses face increasing pressure to identify environmentally-sound alternatives for managing operations risks, particularly when it comes to the supply chain. To that end, Ernst & Young LLP has identified five highly charged climate change and sustainability risks that executives should consider as they respond to growing demand to eliminate waste from their supply chains and to report on these initiatives.
The demand comes from a proliferation of large corporate supplier qualification and scorecard programs that are employed to examine carbon footprints and resource use at every step of the product and service lifecycle—from the sourcing of raw materials to waste disposal by customers. In addition to commercial customers, consumers, investors, analysts and other stakeholders are demanding transparent information about the lifecycle of products and services.
Several years ago, a group of procurement professionals at an industry conference developed a list of 40 risks to success when outsourcing manufacturing and supply chain business processes.
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.
Dow Jones & Company has introduced a service designed to provide ongoing, active monitoring of a range of supply chain threats. Dow Jones Supplier & Risk Monitor offers proactive monitoring of various types of risk, including supplier failure, supply continuity, political exposure, reputation management, product safety, plant and port closures, and staffing disruptions.
Global supply chain risk climbed in the second quarter of 2016, reaching the highest levels since records began in 1995, according to the CIPS Risk Index, powered by Dun & Bradstreet.
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. The
This continued the worsening trend in global risk, which has been following this trajectory since Q4 2015. Amid sluggish growth across developed and emerging market economies in Q2, the
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