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.

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.

Logistics "must generate the necessary platform of opportunities so that firms can widely develop their activities through efficient logistics networks," according to Santiago Bassols, director of Barcelona Catalunya Centre Logístic (BCL).

Privacy policies, if written well, explain to customers exactly what data you are going to collect, and what you are going to do with it. Problem is, most retailers have no idea what data they are collecting, or what they are going to do with it. As a result, retailers end up writing privacy policies that are either false or misleading, and this can lead to big legal problems. In fact, it may be better to have a policy that says either "we have no idea what we are collecting and what we will do with it" or "we will collect everything we can and use it in any way we want." But that's not good public relations.