In the midst of elevated global trade security risks and regulations, companies are positioning their supply chains to overcome these challenges and to create new opportunities in the marketplace the success of a business’s global supply chain, however, depends on the rigor of their approach to managing and mitigating risks.
Supply chain security securing the global supply chain cargo theft, pilferage and diversion are on the rise worldwide, leading to significant financial losses for companies across a broad range of industries.
Supply chain security guidelines for international business partners risk assessment we recommend that all business partners involved with l3 cargo periodically perform a risk assessment of their international supply chain in order to identify and correct gaps, vulnerabilities and weaknesses. Supply chain security has improved significantly without impeding the flow of commerce however there are some programs which could undermine that progress although driven by the us, their implementation would have implications throughout the global supply chain.
Supply-chain security refers to efforts to enhance the security of the supply chain, the transport and logistics system for the world's cargo it combines traditional practices of supply-chain management with the security requirements driven by threats such as terrorism , piracy , and theft.
The global supply chain system that supports this trade is essential to the united states’ economy and is a critical global asset through the national strategy for global supply chain security (the strategy), we articulate the united.
The international supply chain is owned by an amalgam of private sector interests and regulated by multiple international, national, state, and local government jurisdictions this document delineates the supply chain security roles, responsibilities and authorities of government bodies within the united states.
Securing the global supply chain is essential to our national and economic security thus, we must work to foster a global supply chain system that is prepared for and can withstand evolving threats and hazards, and rapidly recovery from disruptions.