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My Dear Friends:


       “Gratitude can transform common days into thanksgivings, turn routine jobs into joy, and change ordinary opportunities into blessings.” –William Arthur Ward.

 

The holiday season is perfect for reflecting on our past year’s blessings. As we prepare for the New Year, we hope you will find time to make memories with the people you care about most. Wishing you whatever is beautiful, meaningful, and brings you happiness be yours this holiday season and throughout the coming year.

 

On behalf of the Center for Supply Chain Research, Lehigh

 

Season’s Greetings, Happy Holidays, & Happy New Year to each of you.


Lehigh Business Supply Chain Risk Management Index

Economic Risk and Cybersecurity are again the two highest risks in the 1st Quarter of 2023, the same as the previous quarter. This suggests supply chain professionals are again worried about the economy with increasing energy costs, labor shortages, as well as cyber-attacks and data corruption.


One of the advantages of examining supply chain risk is to consider how these risks change over time. The table below shows the changing levels of the risk across the 10 different areas of the supply chain this last year. It is also insightful to see that some areas of the supply chain are consistently seen as high risk and other areas of the supply chain as lower risk over the same 1-year time period.

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