Why Commercial Sustainability? 2. Supply chain risk Supply chain risk relates to the In Q2 2022, Apple had difficulties Still, only 11% of these “Supply chain implementation of strategies meeting demands for the iPhone, organizations are monitoring disruptions will cost to manage both everyday iPad, and MacBook Pro due to their supply chain risk. Individual an organization an and exceptional risks along supply chain constraints getting consumers are aware of supply the supply chain based on worse in Q3 2022. This extended chain problems in a way they average of US $182 continuous risk assessment to to Q4 2022 for the iPhone14 have never been before, and million in average reduce vulnerability and ensure Pro. Apple CFO Luca Maestri supply chain management has annual costs. Still, continuity. In December 2021, said that Covid disruptions in become a hot geo-political Walkers was at the center of a China and silicon shortages and social topic as well as an only 11% of these crisp shortage. make it difficult to make enough economic one too. Corporate organizations are Yet, the problem had nothing to products to satisfy customer risk managers are struggling monitoring their supply do with congested containers, demand. with unprecedented supply chain lack of lorry drivers, or our The supply constraints will cost disruptions and only sometimes chain risk.” pandemic-filled world supply Apple US$4 to US$8 billion, know how to deal with those Interos chain issues. The issue was depending on how long it takes effectively and rapidly due to caused by a computer glitch suppliers in China to get back gaps in the information supplied. following an IT upgrade made up and running. Supply chain by its parent, PepsiCo. This type disruptions, according to Interos of situation warrants a new type will cost an organization an of risk transfer and mitigation average of US$182 million in strategy. average annual costs.
The Future of Commercial Sustainability | Alchemy Crew Page 9 Page 11