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The Important Role of Logistics in Enabling Risk Mitigation and Resilience Strategies

Talking Logistics

Over the past four years, due in large part to the Covid pandemic, there has been significant discussion about the importance of risk management in logistics and how companies must create more resilient supply chains. Logistics operations are key enablers in this process.

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Transportation Risk Management: Keep Your Cargo Out of Danger

Logistics Viewpoints

With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. The risk of […]. The post Transportation Risk Management: Keep Your Cargo Out of Danger appeared first on Logistics Viewpoints.

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Cargo Theft Continues to Rise

Logistics Viewpoints

However, there is probably one industry that most of us would not think of in this list: the cargo theft industry. According to the National Insurance Crime Bureau (NCIB), cargo theft in the United States is a $15 to $35 billion industry. Cargo Theft Tactics Cargo theft comes in many shapes and sizes.

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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal.

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Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

Risks in halal supply chains The halal integrity of a brand (and its products) is a function of its supply chain, where a breakage in halal integrity anywhere in a supply chain becomes a breakage of its halal integrity.

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How Cargo Theft Stole Christmas

Logistics Viewpoints

Cargo theft continues to be a problem, especially around the holidays. And I don’t just mean the winter holidays; cargo theft typically spikes during any holiday season where businesses may be closed for an extra day or two. But what exactly is cargo theft? Cargo theft comes in many shapes and sizes.

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Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. Additionally, we examine the decision between using a carrier or a Non-Vessel Operating Common Carrier (NVOCC) as a vendor and how this choice can impact risk management. The 2M alliance will be disbanded in 2025.