Maritime transport is a vital backbone of today’s global and complex supply chains. Unfortunately, the specific vulnerability of maritime supply chains has not been widely researched. Perhaps because it is such an obvious part of today’s supply chains that it is not looked at specifically, and just assumed to be part of the wider picture.
Building a resilient enterprise is an enterprise-wide undertaking that is about so much more than simply preparing a company for disruptions.
Already in 2005, the IBM Center for the Business of Government published “Investing in Supply Chain Security: Collateral Benefits”, a report which highlights how certain security investments can create collateral benefits well beyond the immediate security breach they were aimed at.
Are you gambling with your supply network? You should be aware that the supply network is inherently vulnerable to disruption and the failure of any one element in it could cause the whole network to fail. Actions to improve security can be classified into three categories: Physical security, Information security, Freight security. Actions to improve resilience can be be divided into: Flexibility, Redundancy.
