{"id":8343,"date":"2019-05-09T11:33:30","date_gmt":"2019-05-09T09:33:30","guid":{"rendered":"https:\/\/conias.com\/?p=8343"},"modified":"2019-06-05T23:13:53","modified_gmt":"2019-06-05T21:13:53","slug":"supply-chain-risk-strategies","status":"publish","type":"post","link":"https:\/\/conias.com\/en\/supply-chain-risk-strategies\/","title":{"rendered":"Your supply chain – only as strong as its weakest link"},"content":{"rendered":"
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n a recent piece for the Foreign Policy magazine, author Elisabeth Braw questioned which political risks producers have to factor into their supply chain strategies today. While globalization of the supply chain makes a lot of economic sense, it also can contribute significantly to susceptibility and vulnerability \u2013 how to avoid the \"Manufacturer\u2019s Dilemma<\/a>\"?<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div>

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Political instability poses a threat to entrepreneurial success<\/b><\/h3>\n<\/div>\n<\/div><\/div><\/div><\/div>
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According to a survey by the American Productivity & Quality Center (APQC)<\/a>, two-thirds of the surveyed entrepreneurs work with suppliers in areas marked by political conflict. Where political instability prevails, companies also face regulatory risks, not to mention protectionism and corruption. The uncertainty associated with political violence from attacks and kidnappings to revolution, regime change and war is not only felt on the ground. In single-sourcing\u00a0constellations, it also can\u00a0threaten the viability of the global supply chain. While production and quality suffer in such a scenario, so can the relationship with trading partners and customers. Therefore, it is imperative to have a strategy to reduce these risks and to develop alternatives.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div>

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What can go wrong? The list of (negative) examples is long:<\/b><\/h3>\n<\/div>\n<\/div><\/div><\/div><\/div>
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