The recent months have seen supply chain risks in the headlines on multiple occasions. If you’re still unconvinced of the necessity of managing the risks of your supply chain; lend an eye to this Business Week slide show. It neatly displays some of the latest supply chain related scares and briefly outlines the outcome – both for the companies who sold tainted and/or faulty products and the consumers who bought them including:
- 45 million toys recalled due to poisonous lead paint
- The shut down of Chi-Chi’s chain of restaurants and $800,000 of damages paid to 9,500 guests due to tainted scallion
- 52,000 children sickened, 13,000 of which are still hospitalized due to tainted powdered milk
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