Supply Chain and Transport Risk Overview

In our physically and virtually interconnected world, the risk of systemic supply chain and transport disruptions is becoming ever more acute, affecting economic, security and geopolitical interests. A new report, New Models for Addressing Supply Chain and Transport Risks, produced by this initiative in collaboration with Accenture, highlights the urgent need to review risk management practices to keep pace with rapidly changing contingencies facing the supply chain, transport, aviation and travel sectors.

Download the report: http://www.weforum.org/SupplyChainReport
Read the press release: http://www.weforum.org/NR_AM12_SupplyChain
Read the blog post: http://forumblog.org/2012/01/preventing-stretched-supply-chains-from-snapping-under-pressure/

About the Project
The Supply Chain and Transport Risk Initiative brings together a range of leading experts from across the Forum’s diverse communities to explore the most critical threats facing supply chain and transport networks, and to apply new risk response tools that can promote efficient risk management, security and resiliency in the complex global trading environment.

Supply Chain and Transport Risk

As systemic risks evolve and supply chains and transport networks become more complex, mechanisms to detect, assess and address these risks are increasingly vital.

In response, this project aims to:

Map key risks in supply chain and transportation networks and illustrate how they might unfold, while addressing their causes to identify effective interventions;
Share insights and approaches on how to manage and mitigate these risks in a timely way;
Evaluate protections and tools, while identifying effective intervention and policy options.

To better understand systemic risk in today’s complex trading networks, this project endeavours to address frameworks for systemic risk throughout the global supply and transport network. Accordingly, it will:

Identify the most critical systemic risks affecting supply chains or transportation networks;
Address how the transport and aviation industries, suppliers and policy-makers could cooperate to ensure greater preparedness for disruptions and more effective risk mitigation;
Highlight the blind spots that might not yet be sufficiently apparent;
Identify groups and create a community to discuss preparedness and mitigation before, during and after a supply chain disruption.

This project is being developed with leading decision-makers in the industry and with government leaders, academics and NGO representatives.

News
Blog post: Preventing Stretched Supply Chains From Snapping Under Pressure
Blog post: Life without trucks
Blog post: A Tragedy of the Commons: Encouraging a collaborative approach to systemic risk management
Blog post: How better risk management adds a silver lining to the latest ash cloud
Blog post: All at Sea: Systemic Risk and the Shipping Industry
Blog post: Catastrophic risk high on the Forum's supply chain agenda

Downloads
New Models for Addressing Supply Chain and Transport Risks
Learn more about the Supply Chain and Transport Network Initiative
Global Risks Meeting Report, including Suppy Chain Risks chapter

Contact
Sean Doherty: sean.doherty@weforum.org
Chiemi Hayashi: chiemi.hayashi@weforum.org

Scribe of supply chain and transport risk completed at the Global Risks Meeting 2011