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The Modern Risk Landscape Needs a Strong Supply Chain Risk Management Framework

Exiger Perspectives

Why a Supply Chain Risk Management Framework is Needed A supply chain risk management framework is critical for risk identification and effective management of the inherent and imposed risks in today’s business environment.

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Time to Survive and Nexus Supplier Index: New Measures of Supply Chain Risk Management

Talking Logistics

Over the past two years, I’ve written extensively about the growing importance of supply chain risk management and supply chain mapping. See for example: Rethinking Supply Chain Risk Management. Doing Nothing on Supply Chain Risk Management.

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Top Solutions for Supply Chain Agility

Logistics Viewpoints

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. But even in more normal times, a supply plan usually can’t be fully executed. COVID of course taught companies the need for agility.

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Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection

Kinaxis

However, many ports are not allowing these ships to dock due to the risk of creditors seizing the ships. According to sources, Stevedores are demanding advance payment in cash. Linear supply chains as we know them are turning into supply networks with more players and parties than ever before.

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Made in “I Really Don’t Know”

Talking Logistics

As reported in USA Today : [In a sourcing practice nicknamed “China plus one”], big brands like Rip Curl send their specifications — what they want made and how much they’re willing to pay for it — to sourcing agents, who find factories that agree to fulfill them. no metrics, operate in functional silos).

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SCRM Program: Risk Framework Implementation

Exiger Perspectives

Issues with Many SCRM Programs Supply chain management and supply chain risk management (SCRM) have become a greater priority for businesses and government organizations in the last five years, according to Gartner. We refer to this as the TRADES framework.

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Using Supplier Data To Drive Resilience, Visibility and Value

HICX Solutions

Single source of truth & data compliance. One of the initial goals for BAE Systems was to clean up that data to create a single source of truth that would be consistently pushed into each of the ERP systems through integration, resulting in better analytics and more effective use of that supplier data further downstream.

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