Single Point of Failure: The 10 Essential Laws of Supply Chain Risk Management uses analogies and dozens of case histories to describe the risk parasite that infects all supply chains while revealing methods to neutralize that parasite. The book addresses the questions: What are the "single points of failure"? How exposed are customers, investors, other stakeholders and ultimately the organization? What is the measurable impact (i.e. brand, financial, strategic, and non-compliance)? Who establishes the "risk paradigm"? How does the organization efficiently and effectively allocate precious resources - time, people, management attention, and capital? How is success measured? This book is both technically powerful and effectively realistic, based on today's complex global economy.
Laws are like cobwebs, which may catch small flies, but let wasps and hornets break through. -Jonathan Swift, "A Critical Essay upon the Faculties of the Mind," 1709 The time is far in the future. A commercial space towing ship, the Nostromo, makes an unscheduled stop at a remote planet, where one of the crew members is attacked by a parasite. A horrible scene in which the parasite bursts through his chest sets up the rest of the story in which each crew member meets a horrible death until only one remains. As it turns out, the encounter was intentional. The creature, a perfect killing machine, was known to authorities months before and they wanted to use the ship's crew to bring one of them back so it could be weaponized. The crew, of course, had no idea. -Synopsis of t ... read full excerpt from: Single Point of Failure: The 10 Essential Laws of Supply Chain Risk Management ebook
Review: I think the book is concise, fully comprehensible and is ideal reading for every modern-day financial manager...more
