Think about your worst logistical nightmare, the worst case you can imagine for your supply chain. Now make it real. Would you be prepared to fix it? If you’re not sure, the answer is probably no. And this is because you have not done adequate risk management of your logistics. Despite the fact that logistics risk management is the best lifeline for the most critical moments and can safeguard the future of the company, many companies have not yet developed a plan in this regard. According to a study by the University of Tennessee, 47% of companies have no planned plan for the closure of any company factory or distribution…