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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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Supply Chain Risk Management : The Challenges Driving Increased Interest in Managed Service

GlobalTranz

Any discussion on supply chain risk management and applying managed transportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supply chain disruption. Market Volatility Continues to Undermine Supply Chain Risk Management.

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From Globalization to Glocalization

Enterra Insights

Many experts believe the era of “hyper-globalization” is coming to an end — writing has been on the wall for years. What’s replacing hyper-globalization? In one of those early articles, I wrote, “Globalization integrates trade by disintegrating production chains and dispersing them across economies.

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Risk Management Can Be a Competitive Advantage, Part Two

Enterra Insights

2] With the world in a state of constant turmoil, supply chains risks abound. Cybersecurity Risks Gary Stevens , an IT specialist, states the obvious, “The best way to preempt a cyberattack is to reduce the risks before the attack occurs. . Following are some of their suggestions.

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It’s Time to Rethink Supply Chain Risk Management

ivalua

Today’s complex, global supply chains remain extremely vulnerable. Common Supply Chain strategies, such as just-in-time inventory, exacerbate the impact of shocks. Organizational abilities to effectively assess risk and engage suppliers to mitigate it are woefully lacking in most cases. Few knew until impacted.

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What Is Supply Chain Risk Management…and Why Can’t I Get a PS5?

ToolsGroup

It is, in order words, a failure in supply chain risk management. What is supply chain risk management? With supply chains now existing on a global scale, the number of drastic, unusual, and frankly sporadic incidents that can affect a supply chain are increasing.

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Supply chain risk management in 2017

Kinaxis

Interestingly enough, the first episode of Breaking Bad that aired in 2008 reflected what it was like being in supply chain risk management at the time: “Hey, a science teacher is cooking meth, how much worse could it get?”. Inventories were stranded as supply chains scrambled to understand the impact on their customers.