New Book Takes Aim at Supply Chain Risk

From “As their operations grow more global and complex, companies are becoming increasingly worried about disruptions to their supply chains. The big challenge they encounter, says Gary S. Lynch of Marsh Inc., is identifying the potential risks and then effectively managing them. Lynch’s new book, Single Point of Failure, sets forth ten “laws” of risk management that supply chain managers can follow to minimize the chances-and potential effects-of a disruption.”

“Fundamental to all of these laws is a flexibility within the organization that allows it to quickly and efficiently deal with changes in the environment that threaten to disrupt supply chain operations. That’s why the first law is “If you don’t manage and lead change, you have to surrender to it,” according to Lynch, who heads Marsh’s Supply Chain Risk Management practice.” New Book Takes Aim at Supply Chain Risk

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