Supply chain risk remains despite global recovery
15 Dec 2009
Source: Transport and Logistics News
Supply chain risk remains prominent for Australian firms despite evidence that a global economic recovery is underway.
Research conducted by Dun & Bradstreet (D&B) reveals a somewhat gloomy risk outlook for major suppliers, with a large number of them exposed to the fortunes of related parties based in some of the economies hit hardest by the global credit crisis.
The research – which was conducted on more than 24,000 of Australia’s leading suppliers – reveals that nearly 7,000 of the organisations examined were part of a broader group of companies and of the 5,700 ultimate parents around 2,000 were domiciled in another country. Nearly 1,500 of those 2,000 foreign domiciled companies are based in economies that have experienced some of the greatest distress from the global economic slowdown.
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