Last week, General Motors GM -0.40% reported record profits for the second quarter of 2016. This was despite 70% of GM’s suppliers suffering negative impacts to the earthquake in Japan in spring of this year.
GM, as well as many other leading company, are showing that financial success requires strong supply chain risk management. The auto firm announced a net income of $2.9 billion, up 157% from the same quarter in 2015.
