Hurricane Sandy, the Tip of the Iceberg—How to Minimize Supply Chain Disruptions

November 21, 2012 /3BL Media/ – As Hurricane season comes to an end and the threat of a paralyzing winter sets in, companies across the U.S. are anticipating supply chain disruptions. Hurricane Sandy is estimated to have caused $10-30 billion in lost business (according to IHS Global Insight). How does your company minimize the adverse effects following natural disasters?

Source 44, the home of Source Intelligence® and the #1 provider of supply chain sustainability data services and solutions, can help you mitigate the unpredictability of weather and natural disasters.

Total Transparency Into Your Supply Chain to Minimize Disruptions

For manufacturers and retailers in particular, a company's activities and those of each supplier within the supply chain are interlinked. As the 2011 Japan Tsunami showed, it can take months for the impact of natural disasters such as Hurricane Sandy to reverberate down the supply chain. Companies with limited visibility of their suppliers can be stuck in a “wait and see” position that can disrupt their product availability and cripple sales.

To better anticipate the likely impact of such events to a business and find potential disruptions—before they occur—Source 44 advises companies to get a complete picture of their supply chain. The value of supply chain visibility can be significant: According to Supply Chain Quarterly, in 2009 Wal-Mart achieved $150 million in supply chain savings. Source 44’s proprietary data platform, Source Intelligence®, helps monitor a company’s entire supply chain for interruptions, taking on a task that can be exhaustive and resource-intensive for a business.

“Supply chain transparency is no longer optional,” said Jess Kraus, President and CEO of Source 44. “The court of law and the court of public opinion are demanding more transparency and we‘ve spent years building a solution to help companies avoid supply chain risk in compliance, brand reputation and natural disasters”.

Ensure your company is protected any time of the year. Contact Source 44 for more information: 877. 916. 6337 ext: 1001 or visit: www.source-44.com.

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About Source 44

Source 44, home of Source Intelligence®, delivers a unique blend of cost-effective technology, expertise and data to rapidly improve supply chain sustainability and transparency. We guarantee our solutions are tailored to the distinct challenges that retailers and manufacturers face when they set out to define and meet sustainability targets, from assessing suppliers for increased supply chain transparency and brand protection to complying with conflict minerals requirements. Each solution is powered by proprietary algorithms within Source Intelligence® and complemented by a 24/7 supplier engagement team to enable companies to meet sustainability goals like never before. Source 44 is headquartered in Solana Beach, CA, with additional offices in San Diego and San Francisco.

Get More. With Source 44. Visit: s44.co