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Prof. Dr Fred Wagner presented the study “Risk Management in Industrial Enterprises” at the 2018 GVNW Symposium. Is risk management actually worth it?

Companies deal with “Black Swans” as part of their risk management. When properly in place, it allows them to react to unforeseeable events faster and more appropriately. But how is risk management currently applied in industrial medium-sized businesses in Germany? And what are the benefits for the companies? A current study provides answers.

Supply Chains Force Majeure, what to do if?

Provided that external, unforeseeable circumstances not susceptible by supplier have an impact upon the proper fulfilment of a delivery commitment towards the customer, the question is typically arises who will be liable for any disturbances caused by this.

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