Every year, FM Global ranks 130 countries of the world on how superior they are with respect to supply chain resilience. The global index is done so that investors look at these countries to tap newer opportunities. This is in terms of whether to invest their funds at firms or companies located in a said country. The index also aims at identifying stable suppliers and exploring the newer genre of customers at marketplaces. To look at how efficient the supply chain management of a country is, these are the parameters that are considered. Some of the prominent ones include:
• The overall productivity of a group of industries located in a country or at a specific zone
• How is the quality of suppliers in local communities?
• Degree of cyber risk- whether it is intermittent or continuous
• Rate of urbanization
• Plus 8 more components that can pose risk to supply-chain management or elevate its status.
Helping you get a run-down through the top 10 countries that are listed as a part of this count-down:
10. Qatar
Qatar is a country that makes it to the top 10 in terms of its supply-chain resilience. As one of the countries across the Middle East, no wonder is the place known for its tightened security. The place has also received recognition for its efficient labor. Qatar has a good market for the goods it produces or receives from the market. In short, the place is known for its macro-economic stability.
9. US- Region 3
Here we talk about the central hub of the USA. The United States of America is divided into three geographical zones indeed. Region 3 comprises Kansas, Colorado, Kentucky, and South Dakota. The Central peninsula of the US is subject to a variety of hazards posed by the environment. These include tornadoes, ice storms, floods, etc. Yet the supply chain efficiency of Region 3 is way better than what you find at the East or West.
8. Finland
Finland is showing tremendous growth opportunities both in the private as well as the public sector. Therefore, the place has a lot to offer for first-line entrepreneurs and start-up firms wanting to foray their business operations here. Alongside, Finland surpasses excellence of several parameters, the index considers. The place has also shown exemplary capabilities in the field of research and development. As the country places a strong foundation on education and training, the private sector industries flourish like anything. Hence, one can easily deduce that the overall supply-chain management cycle is one among the top.
7-Ireland
Ireland tops the index parameters on several aspects of industry formation and upkeep. This is mainly due to the tight fiscal regulations the country keeps in place. Plus, the Govt lays industry mark-ups at places that are least vulnerable to natural hazards and environmental disasters. Fiscal expenditures and accountability remain top class among public and private sector enterprises. We have a long way to go!
6- Norway
Norway tops industry norms like a real-time pro. Thanks to the corruption control moves adopted by the Govt. You, therefore, encounter a lower political risk. Lower corruption and lesser interference from political parties indicate better economic growth and productivity among enterprises. You also see the country showing superb resilience in the case of an oil shock. However, despite better ratings on all the afore-stated metrics, the country lags with respect to fire-risk management.
5- Germany
Germany scores an all-time high on several index parameters the FM Global Resilience Index computes. The higher rankings are attributed to the country’s excellence on varied supply chain factors. This European country ranked top mainly because its fleet of companies was able to pinpoint where things are. We are here referring to products, parts, and components that are in transit. In other words, the companies quickly know where to look for, when a product from the manufacturing chain moves from one part of the process to the other. This is an area, Germany excels at. No wonder, it can catapult higher rankings concerning supply chain management.
4- Sweden
Why do you think Sweden scored 4th place in the index? It is because the industry mark-ups are done at areas where exposure to natural hazards like winds, hailstorms, or incessant floods is at a bare minimum. Here, the enterprises stand on a pedestal that is least impacted by environmental concerns. Therefore, the index places a great deal of importance on a factor like this. This way, enterprises need not change business plans abruptly. Also, the economy need not gear up for something that is completely uncalled for.
3- Japan
Just have a glimpse into the natural disasters, Japan alone has encountered. The country was hit by the tsunami with the scale touching a whopping 9.0. The country also witnessed 45-foot-high water. The country witnessed both during the same year. FM Global gave due credit to Japan for the supply chain resilience it had shown during that time.
Again, if you look at it, power generation and industrial productivity tipped at an all-time due to the double weather disasters. Within four months, it was on its road to recovery. The country’s willpower to take in a massive weather hit calls for exemplary supply chain resilience and an enhanced degree of co-operative capitalism. These are two factors that helped Japan reach one of the top 5 slots at the index.
2- Luxemburg
Luxemburg is a tiny country on the world map. But its economic footprint is not something that can be missed out on. It was ranked the 8th spot on the Global Resilience Index during the year 2013, while it ranked 2nd in 2017.
The government regulations are always in place. In other words, industries strictly follow the guidelines without paving way for deviations. This way, more investors are attracted to doing business with this country. The disciplined approach in terms of running enterprises has always helped the tiny country get an advantageous position at the supply chain index.
1- Canada
Canada tops the list when it comes to the index on economic resilience. Take three main factors the index lays top emphasis on. Risk management, economic factors, and supply chain management, the country tops all three at one straight go. The country shows high resilience towards fuel fluctuations. It also enjoys superior supply chain metrics because of the exemplary infrastructure the economy lends its enterprises with. The corruption here is low. Plus, the quality the local suppliers provide the economy with is unquestionable.
The rapid rise in index rankings for Canada can be attributed to several factors indeed. These include:
• A robust network of service providers and
• Stable financial sector
What more do you want? Canada is also a great country that remains stable to tackle storms and environmental degradation. No wonder investors across the globe flock to this place!

Conclusion
These are the top 10 countries that fascinatingly manage the supply-chain metrics. Why has the index ranked these countries higher? With the reasons elaborated in-depth, do you agree with us? Do you know any other country known for supply chain management? Do let us know in the comments below.
CDS Group of Companies (Author Bio)
CDS Group of Companies that provide services such as cold storage, transportation, Transload Services, customs clearance and supply chain, warehousing services in Canada. For more visit here https://www.cdsltd.ca/