Description
John Wiley & Sons Inc Single Point Of Failure by Gary S. Lynch
Over the past decade organizations have faced relentless customer demand for better value at less cost individual customization greater choice faster delivery higher quality exceptional service and more recently increased environmental and social consciousness. The organizations weapon of choice to address this increasing demand has been the supply chain. However as the supply chain footprint changed (e.g. outsourcing offshoring and customer/vendor empowerment) so did the organizations exposure to uncertainty. Organizations were taken by surprise since this exposure was unanticipated complex and beyond their ability to manage. As customers become more demanding and change occurs at an even greater pace supply chain risk continues to propagate like a parasite. Organizations and societies are at much greater risk of systemic failure because of the massive interdependency throughout global supply chains. The priority now is twofold; play catchup and address these massive gaps while deploying more intelligent and integrated strategies (i.e. social aware instinctive dynamic and predictive) for dealing with continuous change.
Single Point of Failure: The 10 Essential Laws of Supply Chain Risk Management uses analogies and dozens of case histories to describe the risk parasite that infects all supply chains while revealing methods to neutralize that parasite. The book addresses the questions: What are the single points of failure? How exposed are customers investors other stakeholders and ultimately the organization? What is the measurable impact (i.e. brand financial strategic and noncompliance)? Who establishes the risk paradigm? How does the organization efficiently and effectively allocate precious resources time people management attention and capital? How is success measured? This book is both technically powerful and effectively realistic based on todays complex global economy