
Businesses must develop a more robust understanding of the make-up of critical multi-tier supply chains in order to mitigate the impact of disruption, according to a new report from Chubb in the UK.
As part of a two-part series focusing on present and emerging supply chain risks, Chubb analyzed the current international supply chain risk landscape to identify some of the main issues impacting businesses around the world.
Businesses have experienced unprecedented disruption to just-in-time (JIT) supply chain models in the wake of several man-made and natural disasters, along with geopolitical events such as Brexit, COVID-19, the Russia-Ukraine war, rising inflation and the risk of a global recession.