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Abstract
The purpose of this paper is to help the manufacturer or retailer to fully understand the parties involved within the supply chain, the risks to which the supply chain can be subjected, and the disruption these risks can cause. The ideas suggested for business continuity planning are based upon knowledge of the risks through communication and audit, management of accumulations and the ability to reroute goods using existing relationships with forwarders and carriers. The ideas discussed are based upon work with a number of different clients. The advantage of planning for this type of risk is that by its nature the supply chain is flexible and can be viewed as a number of floating warehouses which can be diverted to supply markets on demand.
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Author's Biography
Phil Skelton is a master mariner with 14 years’ experience in tankers, cargo and bulk carriers. He has worked closely with risk management and logistics departments within industries as diverse as gold mining, power generation, pharmaceutical and fashion goods and freight forwarding on a worldwide basis. He regularly speaks upon supply chain issues including cold chain, security and business continuity and has been published in both insurance and logistic industry journals.
Citation
Skelton, Phil (2007, October 1). Business continuity and supply chain management: How to manage logistical operations in the event of an interruption or emergency. In the Journal of Business Continuity & Emergency Planning, Volume 2, Issue 1. https://doi.org/10.69554/KXXN8025.Publications LLP