Report identifies four ways to protect supply chains from global disruptions [Yahoo! Finance]
HSBC Holdings, plc. (HSBC)
US:NYSE Investor Relations:
hsbc.com/investor-relations
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Source: Yahoo! Finance
World50 Group Community, provides a roadmap for organisations to rethink their approach to sourcing, identify vulnerabilities and reduce impacts from external shocks like geopolitical tensions or natural disasters. “An intelligently designed supply chain finance programme can do a lot of heavy lifting in terms of de-risking trading relationships, improving supplier resilience, and providing suppliers with the finance to invest in and develop their businesses,” said Marissa Adams, America's head of global trade solutions at HSBC. It is Adams who suggested that companies follow a four-stage risk assessment and remediation process to plan for uncertainty: Take a risk-based approach to sourcing analysis Rather than reviewing threats by tier, stock-keeping unit or category, focus on those areas in which the organisation is most at risk, or where the biggest dangers lie. Often, these areas will be associated with specific regions or countries. Analyse the consequences of supply di
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- HSBC's page on the SEC website