Everyone talks about risk in the supply chain, but the increasing complexity of it makes identifying and mitigating risks difficult. In fact, almost half of executives are afraid that their supply chain risk management is only somewhat effective or has no impact at all, according to a recent survey from Deloitte.
If the hype is true, the supply chain is on the brink of a revolution, with cloud computing improving everything from product design to vendor management inventory - and now manufacturing, too.
U.S. legislation has compelled a stepped-up interest in preventing counterfeit electronic parts from slipping into the supply chain. It has also raised more questions than it has answered. For many dealing with the enormous task of tracking, reporting and resolving issues associated with potential counterfeit parts, there is a collective hope that 2013 will bring clearer guidance on what needs to be done by whom and when.
