Supply Chain Security

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INTERPOL World 2015 will focus on four key domains and one of them is Supply Chain Security.

Rapid globalization has presented nations with an abundance of economic opportunities. The international trading system, which comprises transport and logistics systems for the world’s cargo and commercial trade, is a key driver of global economic growth, and innovation.

Due to its lucrative nature, cargo and commercial trade supply chains are highly susceptible to threats such as terrorism, piracy, theft and illicit trade. Illicit trade in particular, is a global threat that undermines governments, manufacturers, retailers and consumers. The phenomenon has grown to an unprecedented level, posing tremendous risks to society and the global economy, accounting for anywhere between USD 1 trillion and USD 2 trillion every year.

INTERPOL believes that one of the keys to combating illicit trade and ensuring the security of supply chains lies in innovative security solutions and enhanced collaborative action between governments, the law enforcement community, the private sector and consumers.

Illicit trade in illegal and smuggled goods are a particular concern to INTERPOL and its member country governments because of the direct consequences on public’s safety and health, the loss of legitimate revenue opportunities for Governments, and due to the links with organized crime and subversive groups. In order to combat this evolving crime trend INTERPOL established its dedicated ‘Traffic in Illicit Goods and Counterfeit Directorate’, to directly address this problem, through which INTERPOL coordinates operations with the law enforcement partners and authorities of its member countries. These strategic operations have involved partnership with over 170 member countries, as well as the private sector companies, in all regions of the world, and include interventions related to smuggling of excisable goods, food related crimes, web based interventions, fake cosmetics and fast moving consumer goods, including also counterfeit car parts, clothing, luxury goods, electrical equipment, software and many other commodities.

The Supply Chain Unchained.

• Frost & Sullivan research found that the global maritime security market size was USD 13.1 billion in 2012, and expected to increase to USD 20.2 billion by 2021. The intelligence, surveillance and reconnaissance segment will contribute more than 50 per cent to this market by 2021.
• Since 2012, INTERPOL has supported cross border regional operations to fight illicit trade in all corners of the world, which has resulted in the seizure of illegal and counterfeit goods worth approximately USD 550 million.