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Annual Global Threat Assessment Report: Evaluate your Position

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With the disastrous earthquake and tsunami greatly affecting Japan, many of us in the U.S. are uneasy; both for the safety of the people living there and for what it all means in relation to global manufacturing. It is always good practice to stay aware of your position in regards to global threats so you don’t suffer as those who are unprepared undoubtedly will.

In good practice, FreightWatch International, a provider of security services for global logistics, has published its annual Global Threat Assessment. The report examines each region of the world and the countries considered to be major players in the world’s supply chain. Although this report is only available to FreightWatch International members, SupplyChainBrain.com provides this summary for us to analyze:

“Cargo theft activity has been growing throughout the western hemisphere, with substantial increases reported in the U.S., Mexico, Brazil and other South American countries. In Europe, by contrast, the overall reporting of cargo theft was down, although the average value per loss rose sharply, especially in the U.K., France and Germany. “Cargo criminals are actively targeting supply chains, stealing cargo in vast quantities and making huge profits on the black market,” according to FreightWatch chief executive officer Barry Conlon. “In order to develop a comprehensive security plan, industry professionals must first understand the complexities of the risks they face.””

Although cargo theft may not be top of mind during the tragedy in Japan, it is something to be aware of and to include in your assessment when evaluating your position and overall security plan. Tracking product in transit to customer demand is key to lowering your overall threat and ultimately providing the service to your customers that they appreciate.

Please contact us here at RockySoft for more information on the technology solutions we have to offer that may assist in lowering global threat to your business.

 

By Jeffrey Porter with RockySoft, Microsoft Dynamics software provider for demand planning

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