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Home » Authors » Jim Giermanski, Chairman, Powers Global Holdings Inc.

Articles by Jim Giermanski, Chairman, Powers Global Holdings Inc.

Teal opinion 4d2ffa

Trust Elements in the Global Supply Chain

April 10, 2013
Jim Giermanski, Chairman, Powers Global Holdings Inc.
Conceptually, supply chain "risk" is used to denote perils, loss, dangerous occurrences, hazards, and even vulnerabilities. Risks include everything from management functions to fraud, to fundamental honesty and loyalty issues encompassing every aspect of an organization's status and operations. In addition to the firm's built-in management risks, the international supply chain provides additional third-party risk elements such as foreign shipper practices, carrier practices, weather, foreign government involvement, unforeseen disruptions in the process, timing, language, cargo quality and quantity, even payment issues.
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