Creating and Maintaining Resilient Supply Chains

Book excerpt: Creating and Maintaining Resilient Supply Chains Will your supply chain survive the twists and turns of the global economy? Can it deliver mission-critical supplies and services in the face of disaster or other business interruption? A resilient supply chain can do those things and more. In Creating and Maintaining Resilient Supply Chains, global expert Andrew Hiles applies the principles of risk and business continuity to enable a reliable flow of materials and information that is a “win” for everyone involved. From over 30 years of experience working with companies like yours, the author of Creating and Maintaining Resilient Supply Chains helps you to: Understand the criticality of procurement and supply chain management to the health of your organization. Relate the time-tested principles of good business continuity planning to constructing a reliable supply chain. Apply risk management principles to evaluate vendors and create effective contracts. Create the specifications that will result in a good tender or bid. Anticipate contract issues when you are dealing with other legal systems, including International Commercial Law, Anglo Saxon Law, Civil Code, Sharia Code, and European Law. In one short book, Hiles distills the knowledge of a lifetime to prepare you to handle risks, pitfalls, and potential ambiguities. As a result, you will know how to carefully plan and negotiate supply chain relationships that benefit all the organizations involved.