Preliminary communication
Managing risks and threats in global logistics chains
Gregor Veselko
; Intereuropa d.d., Kopar, Slovenija
Tina Bratkovič
; University of Primorska, Koper, Slovenija
Abstract
In comparison with local logistics chains, global logistics chains are exposed to a greater number of risks and threats. The reasons for a growing exposure of global logistics chains to risks and threats can be found primarily in their scope and structure. Global logistics chains expand throughout numerous countries and continents, thus including various links. This results in the need to coordinate an increasing number of links, cover greater geographic distances and use numerous transport means. It is true, however, that a logistics chain not capable of enabling a secure and smooth flow of goods cannot operate efficiently and attain required objectives. Therefore, the first step toward successful global logistics chains is the awareness of all logistics chain links with potential risks and threats arising in global business operations, while acquiring a set of knowledge and skills, with which companies are able to manage the risks and threats within the chain efficiently and successfully, represents the next step. As risk and threat management in logistics chains is becoming increasingly demanding, it is considered appropriate to study the issue of logistics chain security management in more detail and examine the importance of ensuring security for the efficient operation of logistics chains in global operations. It is essential to present the methods which the logistics chain links may use in order to reduce the risk and ensure greater security of business operations, for a secure logistics chain facilitates the establishment of mutual trust between business partners and thus promotes increased operational efficiency and success. Finally, the management of this field also proves as an excellent source for gaining competitive advantage, both for individual logistics chain links and for their businesses.
Keywords
global logistics chains; logistics chain management in global business operations; risks; threats; risk and threat management
Hrčak ID:
38350
URI
Publication date:
29.6.2009.
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