Hurricane Harvey and Supply Chain Risk: What You Need to Know
by Ali Jawin
As the true extent of the wreckage and destruction wrought by Hurricane Harvey emerges, details on the affects for global supply chains are beginning to emerge. Supply chain disruptions have already begun as the shipping industry scrambles to reroute shipping lanes around the Port of Houston (one of the largest transportation hubs in the US), and early reports indicate that Harvey has affected 10% of US trucking capacity with likely price increases looming.
Hurricane Harvey – We keep you in the loop
riskmethods will be talking to experts and providing more in-depth coverage in the days to come on what supply chain professionals should know and do in the aftermath of Hurricane Harvey, and updates on the developing Hurricane Irma. In the meantime, check out a recent interview with SpendMatters and riskmethods’ Heiko Schwarz and Bill DeMartino on what procurement and supply chain practitioners can do right now, and other resources below on managing risk before, during and after natural disasters: