Yet many newer risks, such as supply chain failure, made our top 10 list of major incident threats to the public sector.
Supply chain failure Technical T1.
His research on the effects of supply-chain failures shows that they can be immensely damaging.
Lin(2009) studied system reliability evaluation for a multistate supply chain network with failure nodes using minimal paths.
Co-location was perceived as an important factor for accomplishing joined up configuration, avoiding bottlenecks in the supply chain and dealing with failures directly.
After the chipmaker's factory was hit by lightning, Nokia swiftly locked up all the alternative supplies whereas Ericsson suffered a severe parts shortage and later quit making handsets on its own.A company's best protection from its own supply chain is to expect failure, not to hide from it.
However, failures in supply chain management are still not uncommon in today's industries.
The lack of information and trust is often pointed out as the main reason for the failure of supply chain coordination that still leads to very low milk prices (ranging from 0.50€/lt to 0.65€/lt), thus jeopardizing the economic sustainability of many small family farms.
British Retail Consortium director Helen Dickinson told BBC News that retailers were addressing the crisis by communicating with customers "on a day-to-day basis", updating training for staff, and trying to establish the causes of failures in the supply chain through further testing.
Saunders added Mars's recall was different from the problems at VW, where dishonesty and fraud were involved, and the horsemeat scandal, where dishonesty and a wide-scale failure of the supply chain were to blame.
Xujie(2009) has done modeling and analyzing supply chain reliability by different effects of failure nodes.
