Remove Chief Procurement Officer Remove Insurance Remove Marketing Remove Operations
article thumbnail

Yes, You Can Predict Supply-Chain Disasters

Harvard Business Review

To do that, all the parties that have a stake in disruptions — members of supply chains, insurers, governments, and markets — should proactively develop a responsiveness system that would be able to predict different types and levels of supply-chain disasters.

article thumbnail

Why Quants Should Manage Your Supply Chain Risk

Harvard Business Review

When Thai flooding created significant shortages in the hard disc drive market, manufacturers lost millions of dollars. This lack of comfort with both the quantitative aspects of risk and the more sophisticated options available to operational executives is (in some industries literally) dangerous.