Reviews:

“This book is a very pragmatic review of the risks that threaten modern supply chains in our inherently uncertain industry and stresses the increased need for accurate, on-time data. From natural disasters to protectionism, Professor Manners-Bell combines his theoretical knowledge with his operational experience to provide the reader with a comprehensive and very readable assessment of the subject matter.”

—Yves Letange, Managing Director, Europe, Turkey and North Africa, BDP International NV

“In this second edition of Supply Chain Risk Management, the author articulately covers all aspects of today’s volatile world that impact the supply chain. Reflecting how the risk landscape has changed in recent years, the book explores all the latest and newly evolving threats, including pandemics, climate change, corruption, cargo crime and the various economic, societal and political risks. Strategies for developing supply chain resilience are clearly outlined, including the all-important role of technology. Highly recommended; essential reading for all supply chain management practitioners.”

—Mark Millar, author of ‘Global Supply Chain Ecosystems’

“The second edition of this book is a very valuable addition that will help organizations address the increasingly important and constantly changing topic of supply chain risk. It contains many actionable risk insights that can help you develop your organization’s supply chain resilience and improve performance.”

—Nick Wildgoose, former Global Supply Chain Product Leader, Zurich Insurance and Independent Supply Chain Risk Consultant

“I recently read this excellent book which is very relevant to today’s global supply chains. The publication included some interesting case studies, was very easy to read and a pleasant change from some of the more theoretical publications relating to logistics and supply chain management.”

—Nigel Woodhead, Head of Logistics Studies, Emirates Aviation University

“Fortunately, Supply Chain Risk does not focus on the elimination of risk so much as it outlines how to build resiliency. If we accept the premise that risk can not be avoided, but can be weighed, considered, and balanced as part of the overall corporate strategy, it becomes an opportunity for competitive advantage and differentiation. This book will assist procurement and supply chain professionals as they make that argument internally and then carry out the resulting plan.”

—Kelly Barner, Buyers Meeting Point

Description:

Winner: ACA-BRUEL 2014 Special Mention Prize (1st Edition)

From political uncertainty to trade disrupts and cyber threats, the risk environment is continuously evolving, and new challenges frequently arise demanding immediate attention to avoid disruption to supply chains. Supply Chain Risk Management is the guide to recognizing, reviewing and reacting to these risks to ensure continued operations and optimal service. This book is a practical learning tool which offers a comprehensive framework to understanding risk and how to engineer resilience into the supply chain.

The third edition of Supply Chain Risk Management details how to approach various threats, including black swan events, natural disasters, climate change, cargo crime and piracy, and terrorism and security. Using case studies and recent, topical examples, this book demonstrates how to successfully manage these risks and apply learnings in practice. Objectives, summaries and key point checklists in each chapter also help the reader grasp these key concepts and understand how to keep supply chains resilient. Online resources include lecture slides.

Key features at a glance:

• The first edition, Supply Chain Risk Management, won the ACA Bruel Special Mention Prize in Paris for its contribution to the purchasing and supply chain industry
• Explains key areas of supply chain risk management, such as cargo crime, climate change and cyber-crime
• Provides case studies, such as Dell’s response to climate changes, the Port of Antwerp cyber breach and the Yemen Air Cargo Plot, to embed learning using applicable examples
• New to this edition: a new chapter on ‘The threat of supply chain cyber crime’, additional case studies, the latest thinking on political risk as well as updates throughout

Contents:

Preface

About this book

Acknowledgements

Introduction

Chapter 01. A framework for understanding risk • Objectives • An analysis of supply chain threats • The severity of threat • Understanding the causes of supply chain disruption • External risk categories • Summary • Key points

Chapter 02. Engineering supply chain resilience • Objectives • Preparedness and strategies for response • Business continuity management (BCM) • Offsetting the risk of business interruption • Case study of resilience: how does Cisco manage risk? • The role of flexible technology in supply chain resilience • The role of government and commercial companies • Summary • Key points

Chapter 03. Industry sector resilience to supply chain threats • Objectives • Automotive • High-tech • Consumer goods/retail • Food • Fashion • Pharma/healthcare • Conclusion • Summary • Key points

Chapter 04. Natural disasters • Objectives • The impact of natural disasters on supply chains • Summary • Key points

Chapter 05. Climate change and emissions policy • Objectives • Climate change • Pollution and ‘diesel bans’ • Summary • Key points

Chapter 06. Climate change risks for food supply chains in developing markets • Objectives • The extent of the problem • Improving logistics to reduce post-harvest food losses • Conclusion • Summary • Key points

Chapter 07. Economic risks to the supply chain • Objectives • Demand shocks • Currency fluctuations • Supply shocks • Industrial unrest • Summary • Key points

Chapter 08. Societal risks to supply chains • Objectives • Fair labour • ‘Conflict-free’ minerals • Environmental practices of supply chain partners • Modern slavery and migrant smuggling in supply chains • Summary • Key points

Chapter 09. Political risks in international supply chains • Objectives • What will Brexit mean for the UK supply chain and logistics industry? • De-globalization and the Trump administration • Conclusion • Summary • Key points

Chapter 10. Corruption in the logistics industry • Objectives • Why is the logistics industry so prone to corruption? • Anti-bribery, anti-corruption legislation • Most corrupt markets • Freight forwarding and customs corruption • Customs corruption in the EU • Dealing with corrupt customs officials: WEF best practice • Smuggling and customs corruption • VAT fraud schemes • Cracking down on customs corruption • Freight forwarding, airlines and cartels • Unofficial tolls and crossing controls • Allegations of corruption in government contract negotiations • Major defence logistics corruption in Afghanistan • Humanitarian aid logistics corruption • Organized crime in transport operations • Summary • Key points

Chapter 11. Cargo crime and piracy • Objectives • What is cargo crime? • Theft from trucks and warehouses • Combating vehicle-based cargo crime • Cargo crime in North America • Cargo crime in emerging markets • Theft from airports • Piracy • Summary • Key points

Chapter 12. Terrorism and security • Objectives • Risk and security in air cargo supply chains • Sea freight security • Conclusion • Summary • Key points

Chapter 13. Cyber-threats to supply chains • Objectives • The nature of logistics and supply chain vulnerability • How can organizations improve their cyber-security? • The rising threat of cyber-attacks to logistics networks • Conclusion • Summary • Key points

Chapter 14. Illicit supply chains • Objectives • Value chains in illicit goods • Types of illicit supply chains • Illicit transport networks • Narcotic supply chains • Trade in endangered animals • Counterfeit goods • Illicit trade in antiquities • Illegal trade in cigarettes • Vehicle theft and exportation • Conclusion • Summary • Key points

Chapter 15. Pandemics and the coronavirus crisis • Objectives • Introduction • The chronology of the spread of coronavirus • The impact on industry sector supply chains • The long-term consequences for supply chains • Retailers’ response • How will the supply chain industry change? • Conclusion • Summary • Key points

Conclusion

References

Further reading

Index

About the Author:

John Manners-Bell is the CEO of Transport Intelligence, a leading supplier of market solutions to the global logistics industry. He is also Visiting Professor at the London Guildhall Faculty of Business and Law, London Metropolitan University.

John Manners-Bell started his working life as an operations manager in a freight forwarding and road haulage company based in the UK. Prior to establishing Transport Intelligence, he worked as an analyst in consultancies specialising in international trade, transport and logistics. He also spent a number of years as European marketing manager for UPS Supply Chain Solutions working at locations across Europe, including France, Netherlands and Germany.

He holds an MSc in Transport Planning and Management from the University of Westminster, a BA (Hons) in Classics from King’s College London where he was also awarded an Associateship (AKC). John Manners-Bell is a Fellow of the UK Chartered Institute of Logistics and Transport and former Chair of the Supply Chain, Logistics Global Advisory Council of the World Economic Forum, and a Freeman of the City of London.

Target Audience:

This book is an essential for all supply chain management practitioners and procurement professionals.