Only 41 percent of companies surveyed are considered to have "mature" supply chain risk management processes, but nearly four in five mitigate against disruptions by implementing a dual sourcing strategy, according to a recent report.
Port security has become a complicated issue in today's world. Terrorist attacks over the past decade have shown the importance of securing major ports. However, the logistics and costs involved in ensuring the safety of ports have certainly made port security a major problem.
GE Capital Fleet Services has entered into an agreement with Mobileye, giving its truck-fleet customers access to the latter's collision-avoidance system.
Companies are finding it increasingly difficult to control their supply chains at a time when the cost of failure is higher than ever, according to risk management association Airmic.