Supply Chain Management Risk Reduction in Asia
Supply Chain Management Risk Reduction in Asia
Asia is such a vast region that its supply chain disruptions may be an ever present risk for businesses if not properly managed by a top tier supply supply chain management company. The many disruption risks include geopolitical upheavals, port delays, currency fluctuations, epidemics, and temperamental fuel prices. In addition to these complications, the Asia-Pacific region is 25% more likely to be affected by a natural disaster than in the U.S. and Europe, according to a study by the Asian Development Bank.
Read more about supply chain management risk reduction to see how Diageo plc, global manufacturer and distributor of wine and spirit brands (Johnny Walker Scotch whisky, Captain Morgan rum, Smirnoff vodka, and Taqueray gin), was able to segment their supply chain process to the mitigate the many problematic issues that arise when dealing with international logistics in the region.
