Supply Chain Brain

MARCH 17, 2024

When it comes to assessing supply chain risks, planners generally don’t place natural disasters at the top of the list. But with the growing number of extreme weather events, that could change in the coming years.

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Resilinc

JUNE 11, 2023

Do you ever get confused when people use the terms supply chain risk management (SCRM) and supply chain resilience? It’s common to hear industry practitioners, stakeholders, solution providers, and analysts use these terms interchangeably; for example, an SCRM program and a supply chain resilience program.

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ivalua

SEPTEMBER 19, 2022

If recent shocks were caused by a black swan event or transitory conditions, the lessons and required actions could be considered limited and incremental. Effectively assessing risk and building supply chains with lower exposure will reduce the frequency and severity of disruptions, but not eliminate them.

Supply Chain Risk Management 130

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Supply Chain Movement

AUGUST 12, 2022

In the face of today’s highly disruptive external environment, companies need to leave traditional and ineffective approaches to risk management behind and move towards a new pro-active approach. Stop chasing events and become risk-aware! Stop thinking in risk events – focus on impact. Of a port shutdown?

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Talking Logistics

JUNE 30, 2014

As I discussed last Friday, Accenture published a report recently on supply chain risk management. The chart below from the Accenture report highlights the different approaches companies are taking to supply chain risk management. The post Your 3PL as Supply Chain Risk Management Partner?

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Exiger Perspectives

APRIL 3, 2023

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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Enterra Insights

JUNE 9, 2020

For years I’ve been writing about the importance of supply chain risk management and how it’s often given short shrift in business discussions. Today, ears are no longer deaf to the topic of supply chain risk management. 3] Those dimensions are: 1. .” Footnotes. [1]

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Supply Chain Brain

AUGUST 31, 2021

Risk is everywhere. Adverse events can and will happen at any time, and when events hit your supply chain, disruption and financial, operational, and reputational damage are not far behind. .

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Enterra Insights

OCTOBER 10, 2018

As recent events demonstrate, science fiction often turns into science fact. Jason Koebler and Joseph Cox explain, “In the 2015 novel Ghost Fleet , the spark that starts World War III is not a nuclear bomb, but a supply chain hack. … But if someone damaged the supply chains, all of this falls apart fast.”

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GlobalTranz

FEBRUARY 23, 2016

Supply chain risk management and resiliency are hot-button topics in the industry. However, minute supply chain entities do not understand how resilience relates to risk management and what it means for improving focus on the supply chain. Role of Supply Chain Risk Management.

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Enterra Insights

JUNE 12, 2018

Supply chain risk management teams know the world is full of challenges and complexity. Trying to prepare for every potential risk to supply chain operations is impossible; nevertheless, some preparation must be made in order to prevent or mitigate significant disruptions to operations. Footnotes. [1]

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Enterra Insights

NOVEMBER 30, 2015

Terms like “100-year” or “1000-year” events no longer seem applicable or appropriate in the face of rapidly changing climate conditions. The post Supply Chain Risk Management: Black Swans Aren’t Such Rare Birds appeared first on Enterra Solutions. … Continued.

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Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. Ready for a more resilient supply chain? Contact us today.

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ivalua

SEPTEMBER 14, 2022

With 30% of respondents indicating their organizations are suffering from an inability to assess risk across suppliers, many are investing in new strategies to minimize the frequency and impact of disruption. Markus Leutert, Senior Director, Corporate Communications. media@ivalua.com.

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LevaData

APRIL 28, 2020

I encourage everyone within a global manufacturing company, starting with the CEO, to give it a read: CEO’s Take Heed: You Are Now Supply Chain Risk Managers. The process must be inextricably linked to a broader Enterprise Risk Management framework, which must be regularly rehearsed and stress tested.”.

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Logistics Viewpoints

OCTOBER 3, 2022

The toilet paper shortage was one of the COVID era events that taught people what the term “supply chain management” meant. Thirdly, all the COVID supply disruptions brought home the need for better supply chain risk management. Risk management had been a hard sale.

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ThroughPut

OCTOBER 1, 2020

A recent study by Deloitte revealed that almost 85% of surveyed global supply chains had experienced at least one disruption in the past 12 months. What is Supply Chain Risk Management? The Supply Chain Risk Management Lifecycle.

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Resilinc

FEBRUARY 20, 2024

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. In part one of our AI in supply chain blog series, “ How is AI Revolutionizing Supply Chain Risk Management?”, What is Predictive AI? How Does Resilinc Use Predictive AI?

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American Global Logistics

AUGUST 4, 2020

Supply chain disruption abounds. You have increasing conflict, changing customer requirements, increasing regulation, trade wars, and Black Swan events, to name a few. With increased risks come […]. The post What Supply Chain Risk Management Can Do for You appeared first on AGL.

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Supply Chain Movement

MARCH 16, 2016

Supply Chain Risk Management Forum. URL: www.bisgrp.com/portfolio/conferences/other/supply-chain-risk-management-forum. Optimizing Supply Chain Operations while Minimizing Vulnerability and Achieving Resilience through Supply Chain Visibility.

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Supply Chain Matters

MARCH 15, 2023

Supply Chain Matters highlights the upcoming MIT Center for Transportation and Logistics Crossroads 2023 event, along with the opportunity to attend in person at a discounted rate. ” This year’s event will again be held in-person, on the campus. Ensure you utilize the noted promo code when prompted.

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DELMIA Quintiq

APRIL 21, 2020

Exceptional risks, sometimes called black swan events, are situations that are not expected and are almost impossible to predict. Managing exceptional risks requires insights and visibility of key information – this gives you the ability to minimize the impact of these unexpected, yet huge disruptions.

Modeling 302

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Resilinc

MARCH 20, 2024

As we move into 2024, technology is now more critical than ever in the world of supply chain risk management and in the business world. We harness the power of data to help our customers solve their supply chain problems. Resilinc: Why is technology so integral to supply chain risk management?

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American Global Logistics

APRIL 29, 2021

The Ever Given’s grounding was an unpredictable event … or was it? How could anyone plan for this Black Swan event? You’ll find even with this dicey event, supply chain risk management (SCRM) can make a difference. The post The Ever Given Grounding: A Preventable Curious Series of Events… or Not?

Supply Chain Risk Management 40

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Logistics Viewpoints

APRIL 8, 2024

These solutions use natural language processing, for example, to read online publications and other data sources, make sense of what they read, contextualize the data into information, and report supply chain disruptions caused by weather, geopolitical events and other hazards in near real-time.

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Supply Chain Game Changer

NOVEMBER 2, 2022

Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In today’s world, supply chains are more important than ever. In fact, 89% of businesses encountered a supplier risk event in the last five years. Subscribe Here!

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Logistics Viewpoints

FEBRUARY 26, 2024

Buying organizations use this technology to monitor and analyze supplier risk events in real-time. These are big data platforms that monitor news sources and assorted databases from governments, financial institutions, ESG NGOs, and other sources to detect when a negative event has occurred or may be about to occur.

Supply Chain Planning Software 249

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The Logistics & Supply Chain Management Society

JANUARY 14, 2021

EVENT HIGHLIGHTS. On 1st and 2nd Dec LogiSYM held its Vietnam 2020 Digital event on a platform called AirMeet. On 1st and 2nd Dec LogiSYM held its Vietnam 2020 Digital event on a platform called AirMeet. We can proudly say that the event went off well. We share below some quotes to remind us of the event.

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Enterra Insights

MAY 27, 2021

.” For many organizations, risk management and resilience starts with the supply chain. Omer Abdullah, cofounder and managing director of The Smart Cube, argues supply chain risk management processes must be both proactive and reactive. Risk Assessment. And for good reason.

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Supply Chain Matters

JANUARY 25, 2024

Since founding supply chain risk management technology provider Resilinc in 2010, Vindiya has helped transform the way that global organizations approach supply chain visibility and risk. Podcast Overview Our invited guest for this latest episode is Bindiya Vakil.

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Logistics Viewpoints

NOVEMBER 13, 2014

The need for track and trace capabilities in industries such as food and beverage, manufacturing or automotive industries is obvious: the threat of contamination or recalls impacts public safety, and the responses to those events are highly regulated. Organizations need to know what goes into their products and their location at all times.

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Enterra Insights

AUGUST 24, 2023

“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. According to the World Economic Forum (WEF), these crises are seldom distinctive events. ”[1] Why?

Risk Management 246

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Enterra Insights

NOVEMBER 30, 2022

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] SAP researchers said the move to a ‘just in case’ supply chain will lead to higher costs.”

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Supply Chain Matters

JUNE 30, 2022

In this Supply Chain Matters commentary, Executive Editor Bob Ferrari pens highlights of the 2022 Crossroads Event recently conducted by the MIT Center for Transportation and Logistics. This Editor had the opportunity to attend the MIT Center for Transportation & Logistics ( CTL ) 2022 Crossroads Event. Background.

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Logistics Viewpoints

DECEMBER 5, 2023

It is important to have a robust incident response plan in place for your distribution operation in the event of a cybersecurity breach. This plan should outline specific steps to be taken in the event of a breach, including who to contact and how to contain and mitigate the damage.

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ivalua

NOVEMBER 26, 2020

Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned. They should develop, deploy, and track strategic response and mitigation plans based on the identified risks.

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SCM Research

AUGUST 9, 2014

Second, in the summer issue, Senz and Revilla present a five-step process started by Cisco shortly after a major risk event: (1) identify strategic priorities, (2) map the vulnerabilities of the supply chain design, (3) integrate risk awareness into the product and the value chain, (4) monitor resiliency, and (5) watch for events.

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