Understanding risk and threats to the supply chain

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An interesting Q&A with John Manners-Bell, who has published a book on Supply Chain Risk. He makes the point that companies are no longer dealing with a straight trade off between inventory costs on one side, and transport and labour costs on the other. Instead, there is a new factor ? risk and supply chain disruption, which can be as minor as a slight delay in service, or as major as the Japanese tsunami was for the automotive industry.