Companies in the global industrial and materials industry face three specific global risks: economic turmoil, commodity pricing fluctuations and business interruption, which includes supply chain disruption, according to a new study from Aon.
Natural disasters and other catastrophes—flooding in Thailand and Japan’s earthquake, tsunami and nuclear disaster—have forced automotive, metals, construction/agricultural equipment, building materials, industrial machinery and defense contractors, to change the way they view and prioritize resources for risk response, according to the “2012 Industrial and Materials Industry Report” released by Aon Risk Solutions.
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