Sustainability has become a huge buzzword, both in today’s business world and within the broader facets of society. Sustainability has evolved from a perspective and investigation of standalone research in social and environmental areas, through a corporate social responsibility perspective, and towards a convergence of perspectives of sustainability as the triple bottom line.
Resilience is related to three overarching concepts: 1) the vulnerability to unpredictable shocks, 2) the resources or wealth available to a system to help it change, and 3) the internal controllability of relationships in a system, i.e. its rigidity or flexibility.
Every firm with a supply chain that sources globally or operates internationally is exposed to political risks that may be very different from what they are used to domestically. On the international scene such risk can occur suddenly and without warning, not because they cannot be foreseen, but because the firm usually lacks the tools and the knowledge it needs to anticipate and react coherently to political risks.
The supply chain is a firm’s core asset, and perhaps its most important asset, and a firm is only as good or as bad as its supply chain. In this tightly packed 300-page volume Sehgal shows how important it is to have a top-down-driven approach to supply chain management and how important it is to link strategy and execution, from the board room to the very last delivery guy.
This book is about the principles, frameworks and processes that enable the aligning of a company’s specific customer value proposition with its operations strategy.The book is built around 33 rules that cover all possible aspects of supply chain operations and management, and that are placed throughout the eleven chapters of the book.
What are the main change and trend drivers for international supply chains? How will future cross-border supply chains look like? In a study commissioned by the World Customs Organization in 2006, they sought to identify a set of foreseeable drivers of change and their predicted impact on global supply chain management for the next 20 years.
For businesses, failing to comply with customs requirements may result in delayed shipments and serious disruptions in the supply chain. That is why managing customs risk is an integral part of managing global supply chain risks, but customs risks are unfortunately absent from much of the supply chain risk literature.
