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Risk Management Can Be a Competitive Advantage, Part One

Enterra Insights

“Plan all you want,” writes Cyrus Hadavi , CEO of Adexa, “but disruptions are the supply chain’s real problem.”[1] Because global supply chains are constantly facing crises. In other words, good risk management can provide a significant competitive advantage for businesses.

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5 Models of AI for Supply Chain Risk Management—And Why They Matter

Resilinc

Welcome to part three of our AI in Supply Chain blog series. In this blog, we explore the different types of predictive AI models for supply chain risk management. Imagine there is a 20% surge in copper prices triggered by sudden geopolitical shifts—disrupting the supply chain.

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10 Ins and Outs for Supply Chain Risk Management in 2024

Resilinc

Learn the best practices for supply chain risk management in 2024 from Resilinc, the gold standard for supply chain resiliency. As risk managers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supply chain practices.

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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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Enterprise Risk Management (ERM) Framework for a Stronger Supply Chain

Resilinc

Learn how implementing an Enterprise Risk Management framework can help your company on the journey to operational resilience. Businesses have started to see risk management as a necessary facet of running a successful company. market size for risk management was valued at $0.44 In 2022, the U.S.

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Decision-Centric Planning: Unlocking Supply Chain Success

ToolsGroup

The business landscape is constantly evolving in today’s world, and supply chain management stands as a cornerstone of operational efficiency, customer satisfaction and overall business success. The ultimate goal of any planning process is to make high-quality decisions that enhance supply chain efficiency and performance.

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Vigilance Remains the Watchword of Supply Chain Risk Management

Enterra Insights

When it comes to supply chain risk management, however, vigilance is always required. The Supply Chain Quarterly reminds us, “Supply chain challenges aren’t over yet.”[1] ”[2] Self-delusion can be dangerous in the risk management arena. ” Stuff Happens.