Systemic risks in global supply chain: Suez Canal

admin Blog, Supply Chain 0 Comments

In the globalised economy we have come to take the long supply chain from the Far East to Europe for granted. Considerations such as lead times and quality assurance dominate decisions over Far East sourcing. However, such a long supply chain is inherently vulnerable. When making such a major decision, it is critical that buyers understand systemic risks which could cause catastrophic …