Global Supply Chain Conditions Continue to Deteriorate, Leading to Operational Risks According to CIPS Risk Index, powered by Dun & Bradstreet
Key highlights from the index include:
- Supply chain risk in
Asia Pacificcontinued to rise due to worsening economic conditions in New Zealand, Australiaand China.
- Sub-Saharan Africa's supply chain risks fell slightly, though underlying risk trend continues to deteriorate.
Iran'sre-entry into global supply chains encourages optimism, supply chain risk in the Middle Eastand North Africa(MENA) remains in the high risk category.
To determine the CIPS Risk Index, powered by
Contribution to global supply chain risk in the fourth quarter of 2015
Source: Dun & Bradstreet
Sub-Saharan Africa Bucks Trend of Increased Risk,
Unlike many other regions, Sub-Saharan Africa saw a slight improvement in its score according to the CIPS Risk Index, powered by
Though Experiencing a Marginal Improvement,
Supply chain risk in MENA improved marginally in fourth quarter of 2015, but remained elevated by historical standards. The lifting of the sanctions on
* Calculations of the CIPS Risk Index, powered by
To read the full report of CIPS Risk Index, powered by
About the CIPS Risk Index, powered by
The CIPS Risk Index, powered by
The Index helps sourcing professionals understand the risks to which their supply chains are exposed, articulate questions and scenarios for key suppliers, inform assurance activities, check the readiness of contingency plans, support the negotiation of risk transfer in contracts, and establish factors which may impact the financial stability of tier one and sub-tier suppliers upstream. Regular production of the CIPS Risk Index, powered by
About the Chartered Institute of Procurement & Supply:
The Chartered Institute of Procurement & Supply (CIPS) is the leading international body representing purchasing and supply management professionals. It is the worldwide centre of excellence on purchasing and supply management issues. CIPS has a global community of 118,000 in 150 different countries, including senior business people, high-ranking civil servants and leading academics. The activities of purchasing and supply chain professionals have a major impact on the profitability and efficiency of all types of organisations and CIPS offers corporate solutions packages to improve business profitability. www.cips.org, @CIPSnews.
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