Excerpted from Financial Week: "The Endless Quest for Indestructible Supply Chain"
5 May 2008
Financial Week
Among Marsh's suggestions are that risk managers create a supply chain risk team that looks at the supply chain end-to-end. Mr. Lynch said Marsh has found that one approach to helping companies find alternatives in the event of a supply chain failure is to tell supply chain managers to bring a “what if?” mentality to their duties. That is, have them constantly asking themselves that question so they have a potential remedy in mind in the event of a supply chain failure. “This approach is not only effective but also highly practical, given the limited resources of most corporate risk departments.”