Managing risk to ensure quality, reliability and safety
Over the last few years we have seen the cold chain industry face significant new challenges — from a global pandemic and geopolitical tensions, to the emergence of advanced therapies with stricter temperature requirements and an expanding global market with new routes and new partners. These challenges not only place new demands on supply chains and all stakeholders, but they also add new risk on top of the existing threats and costs caused by delays, temperature excursions, and shipping and handling errors.
As a result, risk management has become an increasingly vital focus area. Here, we explore the different risk factors that need to be considered to ensure transportation that is highly dependable, as well as giving you a best-practice approach to risk management for our industry.