Two Major Supply Chain Failures Highlight the Need for Three Risk Management Best Practices

G00205948

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Summary

This past June unveiled a tragic risk to outsourcing that companies don't prepare for: 13 suicides at Foxconn plants related to overwork. Then a lawsuit against Dell for faulty motherboards showcased another risk. Both events highlight the need for more robust risk management processes.

Table of Contents

  • Analysis
    • Thirteen Suicides at Foxconn
      • Supply Chain Is More Than Just a Cost Center
      • You May Not Own Your Supply Chain, but It Definitely Owns You
    • 11.8 Million Computers at Risk...One Major Lawsuit
      • Dealing With the Crisis
    • Best Practices: Planning, Monitoring and Responding
      • Planning for Failure
      • Early Warning
  • Recommended Reading
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