Reason Magazine 2014 Quartal 2 Seite 6

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WHERE DOES YOUR COUNTRY RANK The FM Global Resilience Index is the first tool to rank supply chain resilience Where in the world is your company at risk or your supply chains potentially vulnerable The 2014 FM Global Resilience Index is the first data driven resource to rank 130 countries according to their busi ness resilience to supply chain disruption It provides a useable tool to assist business executives in prioritizing where to focus risk manage ment and investment efforts We live in a volatile world and whether that s because of what nature wrought or the human element every nation is prone to some form of risk said Margareta Wahlström United Nations Special Rep resentative of the Secretary General SRSG for Disaster Risk Reduc tion The question is why are some countries whether developing nations or economic power houses more resistant to supply chain dis ruption or better able to bounce back It s a puzzle that world leaders are perpetually trying to solve and there s endless value inherent in a tool like the FM Global Resilience Index to help answer that With this tool business decision makers can generate powerful insights about risk and opportunities in the supply chain as important elements to guide their operating strategy in four key areas selecting suppliers based on the supply chain risk resilience of the countries in which they are located deciding where to locate facilities evaluating the resilience of the countries hosting existing facilities and assessing the supply chain resilience of countries where customers facilities are based The Resilience Index calculates composite country scores and rankings based on nine discrete drivers determined to be the most pertinent indicators of business resilience to supply chain disruption These drivers are then categorized into three factors that exemplify the core elements of resilience economic risk quality and supply chain To support each of the three factors data is sourced from presti gious institutions including the International Monetary Fund the U S Energy Information Administration The World Bank and The World Economic Forum Moreover the Risk Quality data comes from FM Global s RiskMark benchmarking algorithm that calculates risk quality at more than 100 000 commercial properties around the world Natural disasters political unrest and a lack of global unifor mity in safety codes and standards all can have an impact on business continuity competitiveness and reputation said Jon Hall FM Global executive vice president As supply chains become more global com plex and interdependent it is essential for decision makers to have concrete facts and intelligence about where their facilities and their suppliers facilities are located The Resilience Index is a dynamic resource to better understand unknown risk in order to strategically prioritize supply chain risk management and investment efforts With the FM Global Resilience Index business executives are able to identify countries that are working hard to become more attractive supply chain partners as well as insights into why some leading economies with apparently strong supply chains received surprisingly low rankings To find out how your country ranks log on to fmglobal com resilienceindex There s endless value inherent in a tool like the FM Global Resilience Index Margareta Wahlström U N SPECIAL REPRESENTATIVE OF THE SECRETARY GENERAL FOR DISASTER RISK REDUCTION 6 Reason ISSUE 2 2014 WEB NOTES