Geographic Information Systems as a Supply Chain Risk Management Tool

from sdcexec.com

Today’s supply chain professional faces a dynamic range of natural and manmade risks, including hurricanes, earthquakes, avian flu, political unrest and terrorism. Global sourcing and offshoring reduce a company’s visibility and control of issues within their supply chains. Additionally, Lean supply chain valuation, just-in-time inventory and sole sourcing create networks even more susceptible to environmental risk. Although corporate risk management mitigates potential loss due to these catastrophes, penalties and insurance cannot replace market share or repair harm to a company’s reputation and loss of customer confidence.

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