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Supply Chain Fraud 101

Logistics Viewpoints

When we think of fraud in the supply chains, often we think about organized cargo theft. According to Travelers Insurance, there are five main cargo theft tactics to watch out for. The first is straight cargo theft, where cargo is physically stolen from a location. Inventory records integrity.

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Editor’s Choice: Fortifying Warehouse and Distribution Centers Against Cyberattacks

Logistics Viewpoints

In today’s interconnected world, the distribution industry has become increasingly complex and reliant on technology to manage inventory, track shipments, and communicate with suppliers and customers. Why are warehouses and DCs so vulnerable to cyberattacks? It ended up costing TFI about $6 million in quarterly operating revenue.

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For Businesses in need of swift and flexible Trade Financing

Global Trade Management

It's time for a transformative approach to supply chain risk management-based financing. These innovations allow for a comprehensive assessment of risks by viewing the supply chain through the lens of the cargo itself. And what's the solution, you may ask?

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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. In this context, the natural question out there is; with this somewhat optimistic landscape or outlook, what are the risks a shipper should be cognisant off given that the ocean is seemingly getting calmer.

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Do your supply chain challenges have you feeling a little snowed under?

Kinaxis

While it would be convenient to blame this on Nova Scotia’s unforgiving winter weather, the root cause of this delay is really a supply chain planning issue. Borrowing a quote from CBC : “If we can move the cargo out of Halifax in a timely manner, we don’t get into this situation.

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Retail giants crush the rush with charters, air freight

Resilinc

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

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This Week in Logistics News (January 4-8, 2016)

Talking Logistics

Moving on to supply chain risk management, LoJack SCI and TransVoyant announced a partnership to provide companies “with the ability to identify, prioritize, and mitigate supply chain risks by increasing real-time alerting on factors that affect global supply chains.”