Battling Risk, Part 2: The Best and Worst Countries for Supply-Chain Resilience
By: Robert J. Bowman, SupplyChainBrain August 08, 2014
There's a new method for benchmarking the resiliency of your supply chain.
Itís called the Global Resilience Index, created by commercial and industrial property insurer FM Global. More than a year in development, the index ranks the business resilience of 130 countries. It was designed to help executives assess and manage supply-chain risk in those regions, as well as identify weaknesses within their own organizations. Results are tied to nine key drivers of resiliency, covering such factors as economic trends, political conditions and potential natural disasters. FM Global chief operating officer Jon Hall (he was executive vice president at the time this podcast was recorded) discusses how the index was developed, and how it can help companies to shore up their operations against unexpected occurrences. He also talks about some of the indexís key findings. Hosted by Bob Bowman, Managing Editor of SupplyChainBrain.
Look for the next episode of the podcast, which can be downloaded or streamed, every Friday on the SupplyChainBrain website. And check us out on iTunes!