Monday, January 4, 2010

Future of Supply Chain Risk Management

Outsourcing relates to supply chain planning, stability, reliability.

Energy costs can crash supply chains overnight. We cannot assume perpetual stability in global supply chains.

In fact, conflicts, wars, terrorism, etc. can emerge by surprise to undermine outsourcing. Nobody wants to talk about this.

For example, if there is a wider war in the Middle East look for the price of oil to skyrocket overnight. In turn, outsourcing, which is part of supply chain management, comes unglued.

If you do not like the idea of the relationships of outsourcing to workforce readiness, you may want to explore risk management of supply chains, or outsourcing to use another work for supply chains, today. This is also a huge topic waiting for research.

Risk management for planning and managing logistics ought to position you to be a leader in this field and an expert in great demand.

Supply chain risk management, moreover, does not duplicate the work done already on the political, social, and economic impacts of outsourcing.

Do something new, fresh, and badly needed!

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