Conducting an effective risk assessment allows companies to implement the appropriate level of countermeasures to ensure that resources are being allocated efficiently and ensure that your company’s goods are safe and secure as they move though the supply chain. A key component to conducting an effective risk or threat assessment is having access to current information that is directly related to the trade lanes that your goods are traveling through. The types of threats that companies are facing are changing daily. Cargo theft, cargo disruptions due to labor issues, natural disasters, anti-western terrorism is just a few of the pitfalls that can have adverse impact on your ability to move your goods safely, securely and efficiently.
What do you find are the biggest challenges in managing your supply chain security program?