Managing Risk in the Global Supply Chain

Risk is a fact of life for any supply chain professional; learn how to manage it effectively

First in a five-part series

J. Paul Dittmann, Ph.D. | University of Tennessee

Over the last decade, many companies faced supply chain challenges that have stretched their capabilities to the breaking point. Both the preponderance of natural disasters and huge economic swings caused extreme challenges across the supply chain. These challenges have not diminished. Supply chains, which once functioned almost on autopilot, face many dangers today in both the global and the domestic market.

To assess the state of supply chain risk management in industry today, I led a research team at the University of Tennessee to survey more than 150 supply chain executives from a wide range of companies, including retailers, manufacturers and service providers.

Some findings were surprising, as you will find in our formal research report, Managing Risk in the Global Supply Chain, sponsored by UPS Capital. For example, despite recent unprecedented challenges, it appears that many supply chain executives have done very little to formally manage supply chain risk. In particular…

Download additional research to learn the differences between carrier liability and cargo insurance.

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