Resilience Digest November’24
Water Crisis Deepens: NYC Drought Warning, Saltwater Threat, and Valencia Floods
In News Now
NYC issues first drought warning in 22 years | AP News
Salt water creeping into Delaware River could impact drinking water for millions in NYC, NJ and PA
Two weeks after the flood disaster in Valencia
(>220 deaths), flooding occurs again
Why
- The consequences of extreme temperatures and drought for companies are diverse and far-reaching.
- The greatest dangers include risks for supply chains such as negative effects on agriculture, energy supply and transport or water shortages (energy production).
- It is becoming increasingly apparent that natural disasters do not occur in isolation but are escalating or recurring.
What to Ask
- How does your organisation prepare to identify and manage risks in the supply chain that could be caused by extreme temperatures, drought or other natural disasters?
- What strategies have you implemented to minimise production interruptions caused by power or water outages? FACT24 CIM supports you in developing and coordinating contingency plans to respond flexibly to such challenges.
Rising Threats: Cargo Crimes, DHL Crash Sabotage, and Exploding Parcel Connections
In News Now
New report highlights alarming Cargo crime trend in Italy
German leaders float sabotage questions in deadly DHL plane crash in Lithuania
Russia likely behind exploding parcels that threatened US flights: Poland
Why
- Risk of delivery delays, reputational damage and financial losses. Damage caused by stolen goods and damaged infrastructure can cause considerable financial losses.
- Increased damage reports can increase insurance premiums for companies that are repeatedly the target of attacks and lose the trust of partners and customers.
- In addition to the costs and delays caused by damaged infrastructure, there is also a security risk for employees
What to Ask
- In addition to the costs and delays caused by damaged infrastructure, there is also a security risk for employees?
- How does your company analyse and minimise risks to global supply chains, especially for time-critical or high-value goods?
- What measures have you implemented to minimise the impact of attacks on warehouses or logistics centres and avoid delivery delays?