Redundancies and supply chain problems threaten business
- Supply chain problems and redundancies are having a negative effect on business.
- Operational risk management is now at the top of the boardroom agenda.
- Companies need to create contingency plans to protect themselves from unexpected threats.
Supply chain issues and the impact of redundancies were voted the two biggest risks to business operations in a recent poll carried out by the Institute of Chartered Accountants in England and Wales (ICAEW) and SunGard Availability Services.
Among the companies questioned, 70% said they were at more risk from damaging supply chain issues (e.g. business partners going out of business) compared to a year ago.
Half of respondents said that redundancies and cost reductions have impacted on the effectiveness of day to day operations and increased operational risk.
To read the rest of the article you'll need to log in below
If you've forgotten your details click here for a reminder.
If you haven't got an account, it's free to set up and only takes a minute,
click here to register
- 587 reads
- login or register to post comments
- Add to a social bookmarking site
Latest questions on 
