Here are the new indices that have recently been added to Cottrill Research’s Supply Market Intelligence Index Collection, which is freely accessible to anyone interested:
Country – Weather, Sustainability, and Geopolitical Category
The FM Global Resilience Index – The FM Global Resilience Index ranks the resilience of 130 countries and territories to supply chain disruption. “It is designed to help executives evaluate and manage unknown risk potentially inherent in the countries they rely upon. Nine key drivers of supply chain risk are grouped into three categories: economic, risk quality and supply chain factors. These combine to form the composite index. Scores are bound on a scale of 0 to 100 with 0 representing the lowest resilience and 100 being the highest resilience” (website).
The Global Climate Risk Index – This index analyses to what extent countries have been affected by the impacts of weather-related loss events (storms, floods, heat waves etc.). The most recent data available – from 2013 and 1994–2013 – were taken into account.
The Human Development Index (HDI) – “This is a summary measure of average achievement in key dimensions of human development: a long and healthy life, being knowledgeable and have a decent standard of living… The HDI was created to emphasize that people and their capabilities should be the ultimate criteria for assessing the development of a country, not economic growth alone” (website).
Tropical Storm Risk (TSR) – This is a resource for predicting and mapping worldwide tropical storm activity. The website provides forecasts and information for risk awareness of tropical storms. The Forecasts section shows information separated by geographical regions: Atlantic ACE Index and USA and Caribbean Landfalling, Northwest Pacific ACE Index and System Numbers, Cyclones, and Australian Region ACE Index, System Numbers and Landfalling.
Logistics and Transportation Category
The Agility Emerging Markets Logistics Index – This source “uses economic and trade data, social indicators and transport development to rank 45 emerging markets countries for their potential as logistics markets. The Index’s annual survey shows the regions, countries and industries where global logistics executives see the greatest growth potential and risk in the year ahead” (website).
FTR’s Shippers Conditions Index – Provided is “a compilation of factors affecting the shippers transport environment. Any reading below zero indicates a less-than-ideal environment for shippers. Readings below -10 signal that conditions for shippers are approaching critical levels, based on available capacity and expected rates” (website). Also available is the FTR Trucking Conditions Index.
The Big Mac Index – “The Big Mac Index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity (PPP), the notion that in the long run exchange rates should move towards the rate that would equalize the prices of an identical basket of goods and services (in this case, a burger) in any two countries” (website).