BSI’s Global Intelligence Team Reports Supply Chain Trade Interruption Exceeded $300 Billion in 2013
April 24, 2014 - RESTON, VA – Threats to supply chain security are constantly evolving, and BSI recorded a number of important changes to the threat landscape facing supply chains around the world in 2013. With a few notable exceptions, the countries BSI rated High or Severe for cargo theft continued to see significant losses and violent cargo theft incidents, specifically in Italy, Mexico, Russia, and South Africa. BSI also noted a number of important shifts in the tactics used to smuggle illegal drugs and other contraband via introduction into cargo shipments, as well as several entirely new global trafficking flows. Trade interruption incidents such as strikes, protests, and adverse weather events significantly impacted regional and global trade in 2013 and exceeded a quarter trillion dollars globally. Supply chain terrorism continued to plague a number of countries, particularly Colombia, India, the Philippines, and several nations in Africa and the Middle East.
BSI's 2013 SCREEN Global Intelligence Report provides an overview of the threats, risks, and trends identified by BSI Supply Chain Solutions' Intelligence Team over the past year. This report includes a breakdown of the supply chain security situation in each region of the world, with special attention paid to threat rating changes and trends BSI Analysts observed in 2013. BSI's report is filled with numerous cargo and trade disruption statistics, illustrative graphs covering emerging drug flows and cargo theft incidents, and informative supply chain risk and trend data and analysis.
About BSI Supply Chain Solutions:
BSI’s Supply Chain Solutions group helps organizations and governments mitigate business risk at every point of the value chain, whether brand protection, transit of goods, business continuity, or security compliance. We focus on supporting the overall integrity of our clients’ supply chain, providing timely world-wide information, leading edge tools, and best practices from over 100 years of experience. BSI unites professional advisory services with unique technology and automation, on-site supplier audits, and proprietary risk data and analytics to help companies effectively identify, assess, and mitigate risks that threaten the global supply chain and enterprise as a whole. No matter the global supply chain concern – social responsibility, intellectual property, cargo disruption, political instability, counterfeit goods, or compliance – BSI has developed a proven portfolio that can address today’s emerging supplier and supply chain risks. BSI Supply Chain Solutions is the only firm that infuses rich intelligence into a company’s supply chain risk management program.
