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Home » Hanjin Bankruptcy Proves Need to Have Risk Management Strategy in Place

Hanjin Bankruptcy Proves Need to Have Risk Management Strategy in Place

September 7, 2016
Industry Week

While this will obviously have an effect on current shipments (and freight costs), and potentially on shipments of imports for the holiday season, thanks to excess capacity from the great recession and building of additional capacity, "this too shall pass."

But it does give one thought as to the necessity to always have a backup plan as you never want to get caught with "all of your eggs in one basket."

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    KEYWORDS Business Strategy Alignment consumer packaged goods Global Supply Chain Management Industrial Manufacturing Retail SC Finance & Revenue Management SC Security & Risk Mgmt Supply Chain Analysis & Consulting Transportation Management
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