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Risk in international logistics

In addition to time-to-market and inventory risks, events of recent years have forced companies to adapt to the new supply chain reality of expecting the unexpected. Companies are not only responding to current volatility and geopolitical [Pg.109]

Risk and security concerns are not a one-time issue but require continuous risk management. Helferich and Cook (2002) found that this is necessary because, for example  [Pg.110]

According to Helferich and Cook (2002) this can partially be explained by the fact that there are competing business issues, managers might not recognise their vulnerability and might assume that the government will bail them out. Peck (2003) has published a self-assessment for supply chain risk and an operational-level tool kit. [Pg.110]


Key issues What are the risks in international logistics in terms of time and inventories, and how can they be addressed ... [Pg.115]

Supply chain disruptions such as transportation breakdowns and geopolitical risks can have many impacts empty distribution channels, stores and goods stuck upstream leading to lost sales, revenue and customers. And they can be the result of plant shutdowns due to supplier discontinuity or collapse, bottlenecks in the transportation system or many other events in the supply chain. There are at least two levels at which companies are responding to risk in international logistics preparing for immediate response to risks and stmcturally preparing for risk in international supply chains. [Pg.130]


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