Supply Chain Risks Seen Posing Leading Threat to Top Companies
Execs cite supply risks as major concern, but half in FM Global survey say threats associated with globalization and outsourcing are low priority
Execs cite supply risks as major concern, but half in FM Global survey say threats associated with globalization and outsourcing are low priority
www.protectingvalue.com
Additional Articles of Interest
managing uncertainty Rethinking Risk Supply & Demand Chain Executive
business risks associated with product quality The Quality Risk Supply & Demand Chain Executive
paper in the supply chain Paper: Still the Net Best Thing iSource Business
- The most prevailing emerging risk cited by companies worldwide is "governmental or regulatory" — outpacing even "competition," which ranked second.
- North America-based companies are roughly twice as likely as their overseas counterparts to cite "insufficient time," "inadequate personnel" and "insufficient budgets" as the biggest obstacles to addressing top risks.
- On average, respondents indicate the majority of their risk management budgets are allocated to risk control (loss prevention) rather than risk transfer (buying insurance).
- Recent corporate governance reforms have increased companies' focus on risk management either moderately to highly at 88 percent of North America-based companies surveyed, as well as at 78 percent of companies based overseas.
www.protectingvalue.com
Additional Articles of Interest
managing uncertainty Rethinking Risk Supply & Demand Chain Executive
business risks associated with product quality The Quality Risk Supply & Demand Chain Executive
paper in the supply chain Paper: Still the Net Best Thing iSource Business
Supply & Demand Chain Executive
