NU Online News Service, Nov. 8, 9:59 a.m. EST
While a string of international catastrophes are making companies more vulnerable than ever to supply-chain disruptions, 80 percent of companies are vulnerable to a major disruption, according to a study by a management-consulting firm.
However, leading companies recognize the importance of their supply chains and manage these risks using risk-impact analysis; financial risk management, such as hedging; and disaster planning to protect against unforeseen threats, according to A.T. Kearney's “Assessment of Excellence in Procurement” (AEP) study.
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