With the world’s eye on the escalating geopolitical developments in North Korea, many business leaders and supply chain experts are wondering what impact this evolving situation might have on their operations. To provide supply chain practitioners with a foundation, this whitepaper brings together experts to provide insight into the geopolitical considerations as well as the associated supply chain dependencies.

North Korea’s exports in 2016 amounted to $2.9 billion, of which its top ten exports accounted for 87.9% of the value of its global shipments. These exports include minerals and oil, clothing and textiles, iron, steel and their ores, electrical machinery and equipment, and computer parts and peripherals. North Korea’s major trading partners are China, Russia, India, Pakistan, Singapore, Germany, Portugal, and France. Although Resilinc has determined that none of its customers have sites in North Korea directly, the indirect impact of a North Korea initiated conflict will have a lasting impact with the nations both taking sides and remaining neutral, all caused by a nation with an area slightly smaller than the US state of Mississippi. This can be attributed to the interconnected and layered nature of global supply chains and operations. Countries that trade with North Korea also trade with the United States, Japan and South Korea. In the event of a military scenario with even one of these nations, businesses worldwide will be impacted.

Providing a background for supply chain practitioners to leverage in the development of event response, this whitepaper will examine at a high level:

•  An analysis of the developments in North Korea and what could potentially happen in the coming months.

•  A few concrete scenarios and their expected supply chain impact that can aid in the planning and development of a playbook.

•  Recommend actions you can take now to prepare yourselves and your suppliers for these scenarios.

Please CLICK HERE to download the whitepaper.