Recent history demonstrates how vulnerable companies are to disruptions in their supply chains. Whether it’s a flood, tsunami, earthquake, volcano, disease, port strike, data breach, or any number of other potential disasters, the impact on global organizations is immense. Yet many seem not to have got the message. What’s gone wrong? Where are companies most vulnerable today? What must they do now?
This podcast episode details the cost of unpreparedness, as well as some of the misconceptions that companies harbor about the types of disruptions that entail the highest costs. Time to do away with what I call “risk psychology” – the notion that “It’s never going to happen to me.” I spoke with Host Bob Bowman, Managing Editor of SupplyChainBrain.
This episode was launched on June 26, 2015. Listen to the full episode on Supply Chain Brain here.
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