and coverage can be restricted to direct supply.
Stand-alone supply chain interruption insurance
products are gradually being introduced to the market.
Historically, uptake of such products has been slow due to
limited capacity, price and prohibitive data requirements.
Recent financial impact data emerging from the Japanese
and Thailand disasters have indicated that risk assessments
(
identification of critical suppliers/supplies and financial
exposures) were weak, and supplier extensions to property
damage BI policies were inadequate in terms of type and
amount of cover.
An integrated approach to supply chain riskmanagement
will provide both tangible and intangible benefits. These
may include improved resilience and sustainability,
improved capital allocation, improved balance between risk
retention, financing/transfer and brand protection.
$99 million
cash in 2011/12 from
three major transactions
Level 1, 1 Altona Street, West Perth, 6005
|
P.O. Box 1761, West Perth 6872
Ph: +61 8 9483 2000
|
Fax: +61 8 9321 0322
|
info@ironoreholdings.com
ASX Code: IOH
|
www.ironoreholdings.com
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With a $100 million cash balance and more than 1.6 billion
tonnes of JORC Resources across three key projects in
strategic locations, IOH continues to build value.
Research shows
supply chain
disruptions cause,
on average, a
25%
reduction to a
company’s share
price with recovery
to pre-loss trading
taking more than
two years.
Seventy per cent
of major global
companies believe
that supply chain risk
will increase in the
next five years.