News Stories to Help Illustrate Your Exam Answers:


Supply chain robustness in the face of the Eurozone crisis

CIPS 1 May 2012

Risk management is one of the key tasks of procurement and supply, and an ongoing case in point is provided by the response of businesses to the Eurozone financial crisis. As the crisis emerged (May 2012), businesses were challenged to think ahead and make contingency plans for the impacts on profitability and cashflow of potential defaults on sovereign debt. A key element of such contingency planning includes the assessment of supply chain robustness.

Risk management is one of the key tasks of procurement and supply, and an ongoing case in point is provided by the response of businesses to the Eurozone financial crisis. As the crisis emerged (May 2012), businesses were challenged to think ahead and make contingency plans for the impacts on profitability and cashflow of potential defaults on sovereign debt. A key element of such contingency planning includes the assessment of supply chain robustness.

http://www.bbc.co.uk/news/business-18062166

If you are interested, you can access the report of the Supply Chain Risk Leadership Council (SCRLC) Emerging Risks in the Supply Chain 2013 via the following link:

http://www.scrlc.com/articles/Emerging_Risks_2013_feb_v10.pdf

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