Cybersecurity threats are a growing, technologically advanced risk to global supply chains. Yet, too many supply chain managers continue to react to these threats in 20th-century ways. The paper focuses on the best practices to reducing cyber risk across the end-to-end, integrated supply chain. Based on interviews with cyber experts from more than 30 organizations, the paper outlines four essentials for securing the supply chain.
Benchmark supply chains are early adopters of end-to-end strategies (E2E) that create competitive advantages. To maintain competitive advantage, leading companies are now working to synchronize their “three Ps,” physical assets, business processes and people systems, with their core business drivers. The goal? Achieving total value in the supply chain.
The environment – natural, political, business – is increasingly unpredictable. Given such uncertainty, how can supply chain leaders assess risk and measure supply chain capability globally? With the new EPIC Global Supply Chain Readiness Index 2020, leaders will gain greater visibility into an uncertain world, allowing them to plan and prepare accordingly. The EPIC structure provides a framework for assessing 64 countries in 10 geographic regions around the globe on their supply chain readiness from four different perspectives: Economy (E), Politics (P), Infrastructure (I), and Competence (C). The purpose of the EPIC structure is to define and explain the conceptual dimensions of global supply chain management and to identify the characteristics of those dimensions in 10 distinct regions of the world.
Harry J. & Vivienne R. Bruce Chair of Excellence
Cheryl Massingale Faculty Research Fellow
Executive Director of Supply Chain & Operations Programs; Executive Director of the Global Supply Chain Institute
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Based on input from dozens of experts, analysts suggest four critical actions for securing the supply chain digitally