Today’s interconnected global supply chains are vulnerable to a multitude of risks stemming from geopolitical and geoeconomic conflicts, including the introduction of tariffs and counter-tariffs, natural catastrophes, and climate change. This web of risks can cause disruptions that lead to delays, shortages, and increased costs.
The complexity and fragility of supply chains is often compounded by limited visibility into upstream suppliers, making it difficult to assess potential vulnerabilities and respond proactively.
The potential implications of this lack of visibility underscore the importance of robust risk mitigation strategies and business continuity plans. By gaining a clearer understanding of their entire upstream supply chain, using tools like Marsh McLennan’s AI-powered Sentrisk, organisations can identify challenges early, evaluate their possible impacts, and implement effective mitigation plans. With a better understanding of supplier sites, organisations can utilise other tools to overlay risks to identify potential disruptions, including through real time alerts.
In this episode of Risk in Context, Karl Bryant, Senior Engagement Lead within Marsh’s Strategic Risk Consulting Practice, speaks with Amy Barnes, Marsh's Global Head of Energy and Power, who also heads Marsh's Climate Change and Sustainability Strategy, Jason Brewer, Lead Meteorologist within Marsh McLennan Agency, and John Davies, Commercial Director for Marsh McLennan's Sentrisk product. They discuss the wide range of challenges that could disrupt supply chains and some of the actions that senior leaders should consider to mitigate evolving and emerging supply chain risks.
