Supply Chain Risk Management



The next time you have a bucket of water, try to release a single drop of water into the bucket without generating a ripple. You will notice how ripples immediately oscillate back and forth for quite some time. The ripples reach all the way to the sides of the bucket and bounce back, resulting in an infinite number of waves. The bucket represents the world of global trade; the water an infinite number of supply networks that support the movement of materials, products, cash and information. An event (the “drop”) such as a catastrophic failure at the ports in Singapore (through which more than 50% of the world’s goods is shipped), could initiate an economic tidal wave.


Supply Chain Cash Flow Product Family Risk Mitigation Supply Chain Network 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer-Verlag London Limited 2012

Authors and Affiliations

  1. 1.Risk Intelligence and Supply Chain ResiliencyMarshNew YorkUSA

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