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Many manufacturers have taken steps to protect their global operations from the effects of natural disasters. But when it comes to tensions caused by geopolitical strife, do they possess the same degree of awareness? Any disruption in the flow of product from strife-torn regions could play havoc with supply chains. And South Korea, for one, is a major provider of components to the electronics sector. So how good a job are companies doing in addressing this type of risk? On this episode, we discuss the state of corporate risk-management programs with Jim Wetekamp, chief executive officer of BravoSolution, a provider of software for managing global procurement. He grades companies’ current efforts, and offers advice on what more they should be doing to mitigate geopolitical risk. And he answers the question: Can you really “future-proof” your supply chain? Hosted by Bob Bowman, Managing Editor of SupplyChainBrain.
Look for a new episode of the podcast, which can be downloaded or streamed, every Friday on the SupplyChainBrain website and iTunes.
Show notes:
An article by Jim Wetekamp on the threat by North Korea to the global electronics supply chain.
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