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Industry Updates

Supply Chains at Risk

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Brexit. Coronavirus. Climate disruption. There is no shortage of threats to the global supply chain.

A new report from McKinsey & Company outlines today’s supply chain challenges and how organizations are managing their risks.

“In light of increasing business complexity and growing overall uncertainty, establishing a systematic supply-chain risk-management approach becomes more and more relevant,” McKinsey reports. “Many companies relying mostly on reactive measures today want to improve their supply-chain risk management capabilities — and say they are willing to invest more time and resources to do so. Multi-week supply-chain disruptions causing significant financial burden have triggered a revival of risk management in operations.”

 

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