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1、ManagingTheRisksOfAGlobalizedSupplyChainGuestpostwrittenbyMiloszMajtaMiloszMajtaisaseniorbusinessanalystatApriso,aproviderofmanufacturingsoftwaresystems.10/04/2012forForbesMagazineMiloszMajtaGlobalizationhasdramaticallychangedhowmanufacturersoperate,offeringanoppor
2、tunitytoreachnewcustomersinnewmarketswhileatthesametimeexposingfirmstogreatercompetition.Meanwhile,rawmaterialsandsupplierrelationshipsmustnowbemanagedonaglobalscale.Justastherearebenefitsandcostsofglobalization,therearesimilarprosandconsofaglobalsupplychain.Inpart
3、icular,companiesneedtomanagetherelatedrisks.Withtheonsetofglobalization,managingsupplychainshasbecomemorecomplexandbusinesscriticalthaneverbefore.TherecentdisastersinJapanandThailandhavehighlightedtheneedforeffectiveriskmanagementalongthesupplychainformanufacturers
4、tominimizedisruptionsandresumenormalbusinessconditionsquicklyintheeventofanoutage.Whenacompany’soperationsareunderitsowncontrol,therearefewermovingparts.Asaresult,thecompanyhasgreateraccesstoinformation.Inthistypeofscenario,itismucheasiertoidentify,quantify,priorit
5、izeandmitigateriskforbetterdecisionmaking.Inanenvironmentthathasbecomeincreasinglyglobalinnature,therearemorepartiesinvolvedandlessinformationavailableatanypointintheproductionprocess.Thismakesitmuchhardertoidentify,quantify,prioritizeandmitigateriskforbetterdecisi
6、onmaking.http://www.forbes.com/sites/ciocentral/2012/10/04/managing-the-risks-of-a-globalized-supply-chain/1Therearethreemajorfactorsthatimpactsupplychainrisk:Increasingsupplychaincomplexity,decreasingaccesstoinformationandgreaterneedforhigherqualityfaster,allforal
7、owercost.Theabilitytoanticipateandaddressriskeffectivelyhasbeenseverelyhandicappedbycomplexity.Nowthatmanufacturersareoutsourcingmoreworktosuppliersacrosstheglobeandaremanagingsecondandthirdtiersuppliers,ithasbecomedifficulttotrack,traceandmonitorproduction.Increas
8、ingcomplexitySupplychaincomplexitycontinuestoincreaseinanumberofways.Companiesareoutsourcingmoreaspectsoftheirbusinesstogloballydistributedsuppli