Firms are prone to supplier hazards_2
17 August 2012
Firms are not equipped to manage the risks that hit their supply chain in national and global crises, according to a new study.
Supply Chain Vulnerability, a study paper from Cranfield University, claims that businesses have a lack of understanding of the true nature of modern supply chains and their weaknesses.
It says the issue came sharply into focus as supply chains took a series of hits from the fuel crisis two years ago, the foot and mouth crisis and 11 September.
Cranfield...