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Risk Management Can Be a Competitive Advantage, Part One

Enterra Insights

In other words, good risk management can provide a significant competitive advantage for businesses. In the first part of this article, I want to discuss some of the risks facing supply chains. What are the Risks? He insists there are four principal types of supply cybersecurity risks.[3] 3] They are: 1.

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Trends 2024: Risk Management

Enterra Insights

”[9] Based on the recent past as well as looking ahead, business journalist Rana Foroohar suggests the current global watchword is “de-risking.” Business leaders must ensure AI is built-in, relevant, and responsible to achieve measurable business outcomes. I couldn’t agree more.

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Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

In February, Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. The implementation was not trivial.

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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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Vigilance Remains the Watchword of Supply Chain Risk Management

Enterra Insights

As the world learns to live with Covid, people and businesses look for some kind of normality in their daily routines. When it comes to supply chain risk management, however, vigilance is always required. ”[2] Self-delusion can be dangerous in the risk management arena. ” Stuff Happens. .”[3]

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Risk Management Can Be a Competitive Advantage, Part Two

Enterra Insights

The Logility staff notes, “Be brutally honest and ask, ‘Does the business have a problem?’ Did we take on too much risk?'”[4] A better understanding of the risks allows you to understand the importance of being prepared to face cybercriminals well in advance.” ’ If so, is it a priority to fix?

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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.