Skip to main content

Fighting for Enhanced Supply Chain Security


By Stefan Reidy 

 Cargo theft has been around for centuries; unfortunately, though the crime has evolved together with transportation methods. Bandits on horseback have been replaced by gangsters that are organized in international crime syndicates.

Cargo theft is a global problem affecting manufacturers, logistics providers as well as customers. It is a complex problem influenced by factors ranging from local laws to the global economy.

Jim Yarbrough, Global Intelligence Program Manager at the supply chain specialist BSI commented: "Companies have always faced a wide range of challenges to their supply chain, but [the] latest figures indicate how severe the impact of violent theft can be.

"These events are creating extreme levels of risk for organizations, both directly affecting the bottom line and disrupting the supply chain in ways which, if not tackled, could do serious harm to a company's hard-earned reputation."

BSI has recently published the latest Global Supply Chain Security and Business Continuity Risk Index, that highlights the current supply chain security and business continuity threats faced by organizations worldwide.


2015 BSI SCREEN Global Intelligence - Supply Chain Threats, Risks, and Trends

Stowaway Risk Increases in Southeastern Europe as Migrant Crisis Continues to Threaten Regional Business Continuity

The integrity of the transported goods can be negatively affected by the stowaway attempts which have been significantly increasing because of the migrant crisis. Migrants hiding inside of containers on trucks or railways increase security risks, negatively affect the timely movement of cross-border freight which results in increased shipping costs.

Continued Terrorism Threats Are Targeted Towards more and more industries in Europe and Globally


In 2015, 319 supply chain terrorism attacks were recorded by BSI. As the report states these attacks were reported in 33 countries that is 38% more than in previous years. Taking to consideration that the number of terrorists attacks on food, beverage and agriculture shipments has more than tripled while the number of attacks on pharma, metals, industrial and manufacturing cargo doubled since 2013, we can conclude that measures need to be taken to stop this deteriorating trend. 

Arviem AG (www.arviem.com) Solves the Challenges of Obtaining Visible, Secure and Intelligent Trade


Without proper security to address these threats, the global economy is more at risk now than ever before. In order to increase the security of global trade,  Arviem has just announced its partnership with Powers International based in the US. The partnership will be working towards optimizing and strengthening supply chain security together with organizations such as the Interpol, Customs Cooperation Council and Nestle. 

Arviem’s market leading real-time cargo monitoring technology along with its American partner’s chain of custody solution will enable global cargo to come with a ‘digital passport’ that will serve as a verifiable transcript of the shipment’s journey. Arviem has the solution to keep the cargo visible by remotely tracking, monitoring and securing valuable shipments. 

This article originally appeared on the website of Arviem. To read more about cargo tracking and monitoring visit the company blog.




Labels:

Comments

Post a Comment

Popular posts from this blog

Networked Supply Chains Require Better Visibility

As manufactures and retailers increasingly depend on extended rosters of sourcing companies, the resulting networked supply chain requires improved visibility. Importers are using multiple sourcing vendors to improve their ability to respond to market demand and opportunities. With this increased sourcing agility comes the increased risk of delivery failure due to a supply chain disruption and, concurrently, the increased importance of visibility into each step of the supply chain. The ability to in real time identify the location and status of the sourced goods gives the importer the ability to fine tune its distribution channels, its inventory management and its ability to fulfill commitments to its end users. The ability to real time monitor the status of goods requires a combination of container based technology, back-end business applications and an extended network of logistics fulfillment partners. In response to this emerging demand, many companies are offering RFID, GSM and si
3 comments
Read more

What are the Impediments to an Effective Global Trade?

If you define an ‘Effective Global Trade’ as a trade that is executed on schedule, without damage to the cargo and at planned cost, then your threshold for an ‘Effective Global Trade’ is too low. If you define an ‘Effective Global Trade’ as a transaction that is on schedule, at cost, end to end visible, continuously monitored, agile enough to enable redirecting the container and inventory while in transit, with managed and authorized custody, all transactions executed on line, 100% compliant with Customs and regulatory rules, and with fulfillment data integrated into your supply chain management system and ERP’s, then your concept of an ‘Effective Global Trade’ is aspirational. What challenges do Consignees or traders, LSP’s and Regulators face in trying to realize an aspirational “Effective Global Trade’? Consignee, LSP’s and Regulators: the consignee, fulfillment and regulatory takeholders business practices and culture attributes that impede an effective trade include: · Cons
2 comments
Read more

Traceability: Meet your food before your first bite!

  Traceability is a digital solution that enables companies to effectively track their products from origin to consumer by utilizing digital markers for identification. Various traceability solutions exist, including Digital Traceability, Laboratory Traceability, and Mapping Traceability. With the growth of the market for high-quality food products, the importance of traceability and origin verification has increased significantly. These measures are crucial in protecting brands and ensuring ongoing consumer satisfaction. 58% of consumers are willing to pay a premium if it supports local farmers. In food production, consumers have a strong desire to have complete visibility into their food's origin and production methods. Research conducted by Label Insight revealed that 81% of consumers actively seek more information about where their food is grown or raised before purchasing. Moreover, 58% are willing to pay a premium if it supports local farmers, while 57% will only buy items ce
Post a Comment
Read more