{"id":110,"date":"2020-08-14T15:09:59","date_gmt":"2020-08-14T15:09:59","guid":{"rendered":"http:\/\/staging.cslglobal.com\/?page_id=110"},"modified":"2021-08-06T09:46:22","modified_gmt":"2021-08-06T09:46:22","slug":"supply-chain","status":"publish","type":"page","link":"https:\/\/cslglobal.com\/?page_id=110","title":{"rendered":"Supply chain"},"content":{"rendered":"\r\n<p><span style=\"font-size: 14pt;\"><strong>Helping insurers, brokers and their clients to improve supply chain risk<\/strong><\/span><\/p>\r\n<p><span style=\"font-size: 14pt;\">Stock Throughput accounts with difficult or deteriorating loss experiences? Addressing insurance losses, poor risk performance and global risk exposures, CSL works with all parties to evaluate the overall supply chain risk within defined operational and financial parameters to reduce losses in the supply chain.<\/span><\/p>\r\n<p><span style=\"font-size: 14pt;\">Global supply chains are highly complex, logistically and contractually with multiple risks to personnel and cargo. These exposures arise at storage locations and during transit and are further impacted by geographical, geopolitical factors, crime and misappropriation exposure creating a volatile risk environment.<\/span><\/p>\r\n<p><span style=\"font-size: 14pt;\">\u2022 Complex, multiple third parties &amp; modes of transport<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Multiple global storage and transit exposures<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Risk accumulation &amp; increased location values<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Increased moral &amp; misappropriation risk<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Fraud risk management<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Increased volatility in global supply chains<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Specific industry, new industry &amp; new technology risks<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Cost reductions, greater compliance, Health &amp; Safety &amp; CSR<\/span><\/p>\r\n<p><span style=\"font-size: 14pt;\">Any combination of these supply chain issues can result in unforeseen and increased risk profile causing delay or losses which represent financial risk to insurers and operational, reputational and financial risk to the client.<\/span><\/p>\r\n<p><span style=\"font-size: 14pt;\"><strong>Business Impact<\/strong><\/span><\/p>\r\n<p><span style=\"font-size: 14pt;\">\u2022 Increasing risk profile (individual risks and portfolio)<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Attritional losses eroding loss ratios, increased potential for large loss<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Large losses and potential for loss accumulation<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Increased total loss exposure<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Loss of reputation, market share and uninsured financial risk for clients<\/span><\/p>\r\n<p><span style=\"font-size: 14pt;\"><strong>CSL Global Supply Chain Risk Management<\/strong><\/span><\/p>\r\n<p><span style=\"font-size: 14pt;\">We work with clients to undertake independent supply chain risk management and security plan reviews to ensure existing plans are realistic, actionable, workable, transferable and agile.<\/span><br \/><span style=\"font-size: 14pt;\">Our output is based on current industry experience and intelligence and our way of working is collaborative and non-prescriptive.<\/span><\/p>\r\n<p><span style=\"font-size: 14pt;\">The objective is to review, assess and improve plans and provide consultative support to the implementation phases to aid continuous improvement and reacting to changing circumstances.<\/span><\/p>\r\n<p><span style=\"font-size: 14pt;\">\u2022 Bespoke client supply chain review<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Evaluation of existing risk management plans<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Location reviews<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Data and loss analysis<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Regional \/ Global risk overview<\/span><br \/><span style=\"font-size: 14pt;\">\u2022 Risk mitigation and remedial action report<\/span><\/p>\r\n<p><span style=\"font-size: 14pt;\">There is more information available in the CSL <a href=\"https:\/\/cslglobal.com\/?page_id=491\">Cargo Conversations<\/a> podcasts and in our Useful Information page <a href=\"https:\/\/cslglobal.com\/?page_id=609\">here<\/a>.<\/span><\/p>\r\n<p><span style=\"font-size: 14pt;\">The CSL Supply Chain Risk Management <a href=\"https:\/\/cslglobal.com\/wp-content\/uploads\/2021\/08\/CSL-Global-Supply-Chain-Risk-Management.pdf\" target=\"_blank\" rel=\"noopener\">leaflet<\/a>.<\/span><\/p>\r\n<p><span style=\"font-size: 14pt;\">For more information <a href=\"https:\/\/cslglobal.com\/?page_id=14\">contact<\/a> CSL Global<\/span><\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Helping insurers, brokers and their clients to improve supply chain risk Stock Throughput accounts with difficult or deteriorating loss experiences? Addressing insurance losses, poor risk performance and global risk exposures, CSL works with all parties to evaluate the overall supply chain risk within defined operational and financial parameters to reduce losses in the supply chain. Global supply chains are highly complex, logistically and contractually with&hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-110","page","type-page","status-publish","hentry","clearfix"],"_links":{"self":[{"href":"https:\/\/cslglobal.com\/index.php?rest_route=\/wp\/v2\/pages\/110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cslglobal.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cslglobal.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cslglobal.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cslglobal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=110"}],"version-history":[{"count":24,"href":"https:\/\/cslglobal.com\/index.php?rest_route=\/wp\/v2\/pages\/110\/revisions"}],"predecessor-version":[{"id":633,"href":"https:\/\/cslglobal.com\/index.php?rest_route=\/wp\/v2\/pages\/110\/revisions\/633"}],"wp:attachment":[{"href":"https:\/\/cslglobal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}