Whether McKinsey Quarterly’s article on Latin America’s supply chain risks, the new LogicTools symposium on “Managing risk in the global supply chain”or the Ethical Corporation’s supply chain summit, a series of upcoming events (and upcoming special issues - see the Wall) relate anything from carbon management, ecological issues, political disturbances, development issues or humanitarian disasters to, yes, supply chain risk. Bluntly put (these are consultants, after all), risk are always a matter of finance and ultimately, profit. Accountants (surprisingly, even environmental accountants) have their own ways of looking at risk, though, propagating outsourcing as a risk-avoidance measure. Now globalisation is taking its revenge - any problem that has been “outsourced” insofar ultimately comes back in the form of risk in the global supply chain.
Gyöngyi
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Just a little bit too late « Interorganisational - Supply Chain Management // September 10, 2007 at 6:18 am
[...] seems outdated. The trend is back to just-in-case - building in redundancies to deal with risks, uncertainties etc. The other way might be flexibility and “agility” instead of being [...]
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