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Single Point of Failure
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Description| Publisher | John Wiley & Sons Inc (US) |
| Author(s) | Gary S. Lynch |
| Subtitle | The 10 Essential Laws of Supply Chain Risk Management |
| Edition | 1 |
| Published | 7th October 2009 |
| Related course codes |
The 10 Essential Laws of Supply Chain Risk Management
Over the past decade organizations have faced relentless customerdemand for better value at less cost, individual customization,
greater choice, faster delivery, higher quality, exceptional
service, and more recently ? increased environmental and
social consciousness. The organization?s weapon of
choice to address this increasing demand has been the
supply chain. However, as the supply chain footprint changed (e.g.
outsourcing, off-shoring and customer/vendor empowerment) so did
the organization?s exposure to uncertainty. Organizations
were taken by surprise since this exposure was unanticipated,
complex and beyond their ability to manage. As customers become
more demanding and change occurs at an even greater pace, supply
chain risk continues to propagate like a parasite. Organizations
and societies are at much greater risk of systemic failure because
of the massive interdependency throughout global supply chains. The
priority now is two-fold; play catch-up and address these massive
gaps while deploying more intelligent and integrated strategies
(i.e. social aware, instinctive, dynamic and predictive) for
dealing with continuous change.
Single Point of Failure: The 10 Essential Laws of Supply
Chain Risk Management uses analogies and dozens of case
histories to describe the risk parasite that infects
all supply chains while revealing methods to neutralize that
parasite. The book addresses the questions: What are the "single
points of failure"? How exposed are customers, investors, other
stakeholders and ultimately the organization? What is the
measurable impact (i.e. brand, financial, strategic, and
non-compliance)? Who establishes the "risk paradigm"? How does the
organization efficiently and effectively allocate precious
resources - time, people, management attention, and capital? How is
success measured? This book is both technically powerful and
effectively realistic, based on today's complex global economy.
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