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Business risks – The daily blog of behavioral and cognitive economics

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Business risks – The daily blog of behavioral and cognitive economics

Where To Move Your Supply Chain

We know that risk relates to the chance that something “bad” might happen. But businesses need to know more. They need to know the kinds of risk they should accept or avoid. In a new report from Proxima, a subsidiary of the Bain consulting group, and from Oxford Economics, researchers tell us that trade has not collapsed; it is just shifting. Consequently, firms have to re-assess their supply chains. And, according to the report, that means identifying sourcing risks. Let’s take a look. ….[READ]

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