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Supply Chain Risk: Understanding Emerging Threats to Global Supply Chains

Supply Chain Risk: Understanding Emerging Threats to Global Supply Chains [Kindle Edition]

John Manners-Bell
4.0 out of 5 stars  See all reviews (1 customer review)

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Product Description

Product Description

Supply Chain Risk assesses the various sources of external threat to the supply chain, including environmental, geopolitical, economic and technological. John Manners-Bell clearly describes the evolving risks to supply chains and how multinational corporations should be dealing with them at a strategic level. He examines the lack of supply visibility which puts businesses at risk and includes case studies of best practice, as well as citing examples of when and how things go wrong. Each case study describes a company's supply chain and production/ sourcing strategy; a description of the catastrophic event which occurred; consequences to supply chain and management response; material losses incurred and resultant changes to company supply chain strategy.

Product details

  • Format: Kindle Edition
  • File Size: 1133 KB
  • Print Length: 265 pages
  • Page Numbers Source ISBN: 0749471107
  • Publisher: Kogan Page (3 April 2014)
  • Sold by: Amazon Media EU S.à r.l.
  • Language: English
  • ASIN: B00J4ROVN2
  • Text-to-Speech: Enabled
  • X-Ray:
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: #596,641 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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More About the Author

John, 45, grew up in the family freight forwarding and transport business in southern England. After gaining extensive operational experience at an early age, his career has since spanned research, strategy and marketing within the industry including a period as European marketing manager for UPS Logistics Group. He combines a deep seated interest in logistics and supply supply chain with a passion for writing and speaking.

In 2002 John founded the research company Transport Intelligence Ltd which has attained a market leading position in the provision of market research to a range of blue chip customers and governmental organisations with offices in the UK, USA and Hong Kong.

He is a highly experienced author, speaker and thought leader and recently became Chair of the Logistics and Supply Chain Council of the World Economic Forum.

John is regularly quoted in the trade and national press (FT, Bloomberg, Wall St Journal, Economist etc) as well as appearing on TV and Radio. He speaks regularly at conferences in countries around the world which have included China, India, USA, France, Germany, Netherlands, Singapore, Switzerland, Spain, Luxembourg, Denmark, Belgium, South Africa, Mauritius as well as the UK.

For two years from 2008, he was Special Adviser to the Conservative Shadow Transport Ministerial Team, advising on issues including road freight policy.

John has a degree in Classics from Kings College London and an MSc in Transport Planning and Management from the University of Westminster. He is a Chartered Fellow of the CILT.

John is married with two children and 3 dogs. He is a keen cyclist and regularly competes in triathlons.

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Most Helpful Customer Reviews
2 of 2 people found the following review helpful
4.0 out of 5 stars Supply chain risk explained 25 April 2014
By Feline
Format:Kindle Edition
This book is one of the very few that is addressing the significant topic of supply chain risk. Given that we now live in an interconnected world, companies are beginning to understand how vulnerable they are to a large number of events that occur elsewhere.

The author does a great job explaining the scope and implications of supply chain risk strategies. I was surprised how many factors are involved. I'm very surprised the insurance industry hasn't covered this topic as comprehensively as this book does.

I recommend this book as an excellent guide for those organisations trading globally, or those who source globally, seeking to understand and plan their supply chain risk management strategies.
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Most Helpful Customer Reviews on (beta) 4.0 out of 5 stars  1 review
4.0 out of 5 stars Effectively makes the connection between successful management of supply chain risk & sustained corporate competitive advantage 10 July 2014
By Kelly McCarthy Barner - Published on
Supply Chain Risk, by John Manners-Bell, provides a structured look at risk by establishing a series of intersecting dimensions. First the author outlines external risk categories: Environmental, Economic, Societal, Security, and Technological. Each has several sub categories that provide additional detail and clarity. Then he delves into a number of industry sectors to consider their resiliency factors and concerns: Automotive, High tech, Consumer goods/retail, Food, Fashion, and Pharma/healthcare.

The coverage from both perspectives is equally detailed and illustrated with numerous case studies. In their intersection, for instance where Economic risks intersect with the Automotive industry, any supply chain professional will find the information they need to quickly come up to speed on key areas of concern as well as strategies for assessment and mitigation.

The most interesting part of the book in my opinion is the Introduction. In three brief but compelling pages, Manners-Bell not only makes the case for the connection between successful management of risk and sustained corporate competitive advantage, he explains some of the misperceptions associated with risk’s seeming growth as a concern. These pages are particularly enlightening for readers with a procurement perspective, as they focus on the identification and reallocation of costs.

By outsourcing increasing amounts of internal production to suppliers, companies reduce their direct costs, but at a price. Manners-Bell points out that while companies do not necessarily create additional risk by outsourcing, they make it harder to monitor existing risks. These risks, that they used to have direct control over and clear insight into, become harder to monitor and anticipate. “What they have done is to transform measurable ‘internal’ risks into more difficult to measure ‘external’ ones” (p. 1). Some outsourcing decisions introduce risk through response delays, regions of geopolitical instability, or longer supply chains. In many cases, however, the same risks are simply moved behind the veil of another company’s operation.

The translation of this principle into costs has to do with the mindset of the executives tasks with oversight of the spend in question. “The vulnerability of supply chains has been exacerbated over the last 30 years by strategies aimed at keeping labour and inventory costs to a minimum” (p. 1). As procurement professionals, we are the ones who carried out this exacerbation – albeit unintentionally. We did exactly what we were supposed to do, but a longer term view on the strategy reveals valid concerns.

Many procurement organizations are already trying to bring their objectives into better alignment with the goals of the rest of the organization. This means winning over executive teams struggling to see procurement as effectual beyond negotiating savings and managing contracts. In many cases, the fact that we carried out risk-related initiatives such as supply base consolidation, outsourcing, and offshoring means that we are also the best positioned to strengthen the supply chain’s weak points.

Fortunately, Supply Chain Risk does not focus on the elimination of risk so much as it outlines how to build resiliency. Building is always better received by corporate leaders than elimination, not only because it is a more positive message, but because the corporate desire to fuel its own growth is never ending. If we accept the premise that risk can not be avoided, but can be weighed, considered, and balanced as part of the overall corporate strategy, it becomes an opportunity for competitive advantage and differentiation. This book will assist procurement and supply chain professionals as they make that argument internally and then carry out the resulting plan.
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