Supply chain risks, threats and trends in the maritime industry

Jim Yarborough reviews BSI's latest report on supply chain risks, which includes analysis of supply chain-related incidents throughout 2015

In 2015 BSI noted a number of transnational issues that threatened supply chain resiliency across the world, including an influx of migrants in Europe that disrupted cargo movement across the continent, economic downturns in Argentina, Brazil and China, as well as issues of political transparency that drove social unrest in Africa and Central America. Extreme natural disasters caused supply chain disruptions and threatened business continuity in multiple regions. Corruption played a central role in or was a driving factor for a number of supply chain disruption incidents in 2015, including social unrest in Africa and Central America, cargo theft in India and the introduction of illegal drugs into cargo in Peru.