Reference no: EM133632076

Question

The Middle Eastern conflicts have both direct and indirect impacts on the supply chain management of agricultural commodities? Article: "There is a difference between the reality of the impact of the conflict on the supply chain and the potential for the risk expanding, and that is where it gets difficult. Is your biggest risk that Israel is in conflict, or that it expands or goes on indefinitely? It's probably the latter. That is the hardest thing to judge - what mitigating controls and what expense to put on the risk that it moves beyond a localised impact," he said. Companies will need to check supply chains for exposure to Israel, but also the wider region, should the conflict spill over to neighbouring countries, according to Wetekamp. They should also consider various supply chain risk scenarios from the conflict, such as civil unrest and protests, the impact on international travel, and cyberattacks, for example. "Geopolitical risk is on the minds of chief executives at major industrials, and they are trying to get better prepared for geopolitical volatility. We had Russia-Ukraine last year, now Israel. What is next? A lot of organisations are upping their investments across.