A new report reveals that three in four companies (74%) suffered supply chain disruption in 2015, warning that companies need to build resilience and risk management into their supply chains now or risk million-dollar losses, as global risks are predicted to increase in 2016. At the same time, it enables them to reduce production if demand falls. The report, released today by the Institute for Supply Chain Management (ISCM), a not-for-profit research organization based at Indiana University, Bloomington, Indiana, found that nearly half of all businesses (61%) experienced some form of suppl@@ The report warns that "the modern economy runs on interconnected global supply chains, but with distance and complexity come new types of risk."
A new report reveals that three in four companies (74%) suffered supply chain disruption in 2015, warning that companies need to build resilience and risk management into their supply chains now or risk million-dollar losses, as global risks are predicted to increase in 2016. The report, released today by the Institute for Supply Chain Management (ISCM), a not-for-profit research organization based at Indiana University, Bloomington, Indiana, found that nearly half of all businesses (61%) experienced some form of suppl@@ The report warns that "the modern economy runs on interconnected global supply chains, but with distance and complexity come new types of risk."