Paying attention to the smallest detail is critical if companies are to avoid disasters caused by the supply chain, a risk management expert has warned procurement professionals.

Andrew Leach, supply chain risk management consultant at Company Watch, told delegates at E-World Procurement & Supply Seminar in London this week how Boeing narrowly avoided suffering major disruption when a key supplier suffered financial problems.

Boeing was reliant on a single company to provide specialist sand used to help make turbine blades for an engine.

The small supplier, which had total annual sales of around £2m, was in “serious financial difficulty”, according to Leach.

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