Global Supply Chains Not Ready for Challenging Times

Discussion in 'The Latest UPS Headlines' started by cheryl, Dec 5, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    Global Supply Chains Not Ready for Challenging Times - Smart Money

    Nearly half of companies with global supply chains say they fear major disruptions in their ability to source, produce and ship goods around the world. And they're not doing much to prevent it.

    In a new survey sponsored by UPS, 47 percent of companies say they need to pay more attention to risk mitigation compared to just 16 percent that believe they pay an adequate amount of attention. As a result, only 38 percent of those surveyed rate the resilience of their supply chain above average, while a troubling 42 percent say the expansion of their global supply chains has outpaced their ability to manage risk.