Tag Archives: pwc.com

Supply Chain Security

Today’s supply chains circle the globe and form the backbone of world trade and a are major factor in the global economy, linking countries far from us as if they were our neighbors. The world is becoming smaller, no doubt. But this increasingly tighter connected world is also increasingly dangerous, and it thus imperative to secure supply chains against any form of man-made and natural disruption. So say PwC in the lastest volume of their Transportation & Logistics 2030 series: Securing the supply chain. Based on a survey of a global group of experts using the RealTime Delphi method, this well-founded report highlights and explores what elements of supply chain security they believe will be most critical in the future.

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Vulnerable or valuable supply chain?

More than a year old now, but still holding not so few words of wisdom is the Pricewaterhouse Coopers report on supply chain integrity: From vulnerable to valuable. Their analysis shows that moving away from the typical business mindset of supply chain improvements only in terms of cost reductions is well worth the effort. Companies must invest in enhancing the integrity of their supply chains, in a manner which balances operational objectives with reputational risks. This requires developing “leading risk indicators” in addition to the typical Key Performance Indicators, in order to measure supply chain performance.

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