Resilinc

SEPTEMBER 24, 2023

However, as we learn more about how disruptions impact supply chains, it is time for companies and supply chain managers to reconsider the traditional view of black swan events. What are Black Swan Events in Risk Management? Here’s another example.

Supply Chain Risk Management 58

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Strategy 58

Talking Logistics

FEBRUARY 8, 2016

Why is supply chain risk management important? This is yet another example of how past performance is no guarantee of future success , of how companies cannot succeed anymore despite having all sorts of inefficient practices in place, including having poor visibility and control of their supply chains.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Examples Supply Chain Design Software 100

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.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

Supply Chain Game Changer

JANUARY 30, 2020

These are a few examples of risks that you may come across. Companies similar to yours not achieving profitable success Strict government regulations regarding your local footprint An oscillating demand in your target audience An unreliable supply chain partner. Case Building for Risk Management.

Supply Chain Risk Management 71

Supply Chain Risk Management Risk Management Supply Chain Planning Supply Chain 71

Supply Chain Game Changer

FEBRUARY 5, 2020

For example, robots performing key process steps in manufacturing plants” ( arkieva.com 2017 ). AI + Data = Supply Chain Risk Management. I promise you’re not seeing a mirage, AI + Data can offer a real solution for Supply Chain Risk Management, fast. not so scary after all, huh? #AI

Supply Chain Risk Management 73

Supply Chain Risk Management Risk Management Supply Chain Software Gartner 73

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.

Supply Chain Risk Management 120

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Planning 120

Talking Logistics

JUNE 10, 2015

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.

Supply Chain Risk Management 100

Supply Chain Risk Management Risk Management Supply Chain Software Supply Chain Strategy 100

Turvo

JUNE 3, 2020

Global supply chain risk management continues to evolve and embodies a consideration of possibilities and outcomes by supply chain executives totaling in the millions. That’s where the crossroads of a tech-driven approach to solving the challenges of supply chain risk management lie.

Supply Chain Planning Software 54

Supply Chain Planning Software Logistics Network Optimization Software Supply Chain Risk Management Risk Management 54

Logistics Viewpoints

OCTOBER 3, 2022

In warehouses, for example, one solution is labor management. Labor management systems break the work down into very granular activities, set targets for doing those tasks in an allotted period of time, and measure how workers do against the time standards over the course of the day. Risk management had been a hard sale.

Agile and Lean Supply Chain 287

Agile and Lean Supply Chain Supply Chain Software Supply Chain Strategy Supply Chain 287

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?

Predictive Analytics Software 97

Predictive Analytics Software Modeling Supply Chain Planning Software Supply Chain Software 97

Resilinc

FEBRUARY 5, 2024

Let’s first understand the meaning of “enterprise risk management” and how it relates to supply chain risk management. What is Enterprise Risk Management? How is ERM different from supply chain risk management?

Risk Management 98

Risk Management Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 98

Logistics Viewpoints

AUGUST 29, 2022

Supply Chain Risk Management Solution from riskmethods. If I was asked to vote for the most interesting solution set that has come to the fore over the last few years, my vote would be for supply chain risk management solutions. Supply Chain Risk Management Vendors.

Risk Management 194

Risk Management Supply Chain Planning Software Supply Chain Design Software Supply Chain Risk Management 194

SupplyOn

JULY 13, 2020

A holistic supply chain risk management helps to better brace yourself for all the eventualities of the future The current coronavirus crisis clearly shows how vulnerable and susceptible to disruption supply chains are today. In this context, supply chain risk management plays a major role.

Supply Chain Risk Management 40

Supply Chain Risk Management Risk Management Supply Chain Planning Software Supply Chain Design Software 40

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Supply Chain Chaos is the New Norm. Chasing N-Tier Visibility.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

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?

Supply Chain Software 94

Supply Chain Software Agile and Lean Supply Chain Predictive Analytics Software Modeling Software 94

Logistics Viewpoints

SEPTEMBER 26, 2022

For example, shippers spent much of last year bemoaning soaring ocean shipping rates and ships waiting for days to unload once they reached their destination port. Supply chain risk management applications have begun to solve the very difficult problem of identifying and monitoring vendors several echelons upstream in their supply chain.

Vendor Strategies 204

Vendor Strategies Forecasting Long Beach Supply Chain 204

DELMIA Quintiq

APRIL 21, 2020

Exceptional risks, sometimes called black swan events, are situations that are not expected and are almost impossible to predict. The novel coronavirus (COVID-19) pandemic is an example. It is a necessary part of supply chain risk management. Contingency plans and supply chain risk management.

Modeling 302

Modeling Agile and Lean Supply Chain Supply Chain Disruption Optimal Sourcing 302

The Logistics & Supply Chain Management Society

JANUARY 13, 2021

For example, in the year 2019 the trade war between the US and China was dragged on for more than a year resulting in 25% tariffs placed on US$200 billion of Chinese goods. LogiSYM Supply Chain Magazine – December/January 2021. This makes it difficult to focus on the business itself. Digitisation: Shifting Gears in 2021.

Vietnam 35

Vietnam Supply Chain Risk Management China Risk Management 35

Logistics Viewpoints

JUNE 21, 2023

Furthermore, some organizations plan to take steps to diversify supplier relationships, indicating a broader supply chain risk management approach. But others provided clarity on labor management’s value for them in comparison to an alternative. One executive simply stated that it’s “an easy variable to address.”

Supply Chain Planning Software 235

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 235

Kinaxis

SEPTEMBER 6, 2017

An extreme example of this is a ride from Chicago to Colesburg, Tennessee taking 18 days, 13 hours, and 57 minutes! For example, let’s say you modeled the lead time from “supplier A” to your manufacturing facility as 7 days. I used lead time as an example here.

Supply Chain Planning Software 241

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 241

SCM Research

FEBRUARY 4, 2016

Research on supply chain risk and resilience has focused a lot on accidental disruptions, caused for example by an earthquake or the fire at a supplier’s plant. A sometimes overlooked element of supply chain risk management are disruptions that are caused by malicious intent, for example fraud.

Supply Chain 110

Supply Chain Supply Chain Risk Management Risk Management Supply and Demand 110

Talking Logistics

JULY 14, 2014

Until the Coast Guard completes a thorough assessment of cyber risks in the maritime environment, the ability of stakeholders to appropriately plan and allocate resources to protect ports and other maritime facilities will be limited. The post The Hackers Inside Your Supply Chain appeared first on Talking Logistics with Adrian Gonzalez.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Supply Chain 191

Talking Logistics

JULY 31, 2013

Take user/customer conferences as an example. A couple of weeks ago, for example, I had the opportunity to speak at a forum organized by C.H. Supply Chain Risk Management Challenges Companies Face (Source: Adelante SCM). 3PL Leadership Development Supply Chain Risk Management C.H.

Third Party Logistics 150

Third Party Logistics Sourcing Strategies Supply Chain Risk Management Cost Reduction Strategies 150

Talking Logistics

JUNE 27, 2014

Another example of the wrinkles in our lives , and how we respond to them. In other news… Supply Chain Risk Management Now a Priority for Most Businesses ( Accenture ). Several reports have been published in recent years underscoring the growing importance of supply chain risk management.

Logistics Network Optimization Software 143

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Negotiating Skills 143

SCM Research

OCTOBER 15, 2012

Most importantly for us, the report contains some interesting examples of reputation risk in the supply chain. I believe that reputation risk inherent in the supply chain, as discussed in the report, is an often overlooked aspect of supply chain risk management.

Supply Chain Risk Management 125

Supply Chain Risk Management Supply Chain Japan Risk Management 125

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. The skills developed and the sheer size of the labor pool makes it improbable.

Sourcing Strategies 264

Sourcing Strategies Material Savings Cost Reduction Strategies Inventory Reduction 264

Talking Logistics

JANUARY 5, 2014

Natural disasters like the Japan earthquake, product shortages due to quality issues, the impact of currency rates on product costs and demand, and disruptions caused by IT service failures or security breaches are just a few examples of the risks supply chain executives face every day.

Logistics Network Optimization Software 178

Logistics Network Optimization Software Supply Chain Software Supply Chain Strategy Cost Reduction Strategies 178

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.

Supply Chain Software 230

Supply Chain Software Supply Chain Manufacturing Procurement Predictive Analytics Software 230

Enterra Insights

AUGUST 24, 2023

As a result, Andrew Black , a Principal at consultancy Efficio, insists, “Businesses will increasingly need to pay attention to four major risks within their third-party supply base.”[7] ”[7] One of those risks — cybersecurity — was discussed above. The other risks are: 1. Reputational Risks.

Risk Management 246

Risk Management Supply Chain Planning Software Vendor Strategies Supply Chain Software 246

Talking Logistics

DECEMBER 15, 2014

As the WSJ article reports, “In one example of that surge in demand, a container terminal operator at Port Metro Vancouver in August told its customers it didn’t have enough railcars to ship Asian goods to the U.S. The Canadian ports, however, have had some difficulty handling the surge in demand. Midwest and suspended service for a week.”.

Asia 138

Asia Los Angeles Cost Reduction Strategies Supply Chain Risk Management 138

Resilinc

OCTOBER 23, 2023

For Life Sciences, 80% of the pain point areas we see come from business transitions (mergers and acquisitions, business sales, and senior leadership changes), factory fires, recalls, legal actions, extreme weather, natural disasters, and supply shortages.

Pharmaceutical 53

Pharmaceutical Manufacturing Procurement Material Savings Supply Chain Strategy 53

Enterra Insights

OCTOBER 17, 2019

You might find then find it surprising that a recent survey, conducted by Verdantix, found more than half of the company representatives who responded indicated “they still use a mix of spreadsheets and paper” as part of their supply chain risk management process.[1] ” Footnotes. [1]

Supply Chain Risk Management 100

Supply Chain Risk Management Supply Chain Planning Software Supply Chain Design Software Risk Management 100

Logistics Viewpoints

FEBRUARY 26, 2024

A customer of the risk solutions begins by listing key suppliers. Then the risk solution fills in the gaps. For example, when a UPS strike was looming last year, the Interos solution automatically highlighted Cooper’s strategic suppliers that relied on UPS for shipping.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

The Logistics & Supply Chain Management Society

JULY 16, 2023

However, globalization has interconnected supply chains on a global scale, amplifying the impacts of disruptions and requiring a more comprehensive approach to resilience. Organizations now need to consider the potential ripple effects of disruptions across their extended supply networks.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain Supply Chain Software Sourcing Strategies Resource Reduction 130

Kinaxis

SEPTEMBER 6, 2016

Linear supply chains as we know them are turning into supply networks with more players and parties than ever before. To understand the geopolitical risks, all you need to do is to turn on network news. Given all this, one would think that supply chain risk management is more prominent now.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Shipping 100

The Logistics & Supply Chain Management Society

JULY 16, 2023

However, as the world becomes increasingly interconnected and complex, humanitarian logistics and food supply chains are facing new challenges that require innovative solutions to ensure their resilience and effectiveness. In the UAE, there have been multiple initiatives taken to strengthen food security.

Supply Chain Planning Software 130

Supply Chain Planning Software Food Supply Chain Software Agile and Lean Supply Chain 130

Logistics Viewpoints

MARCH 2, 2022

But the topic is also of significance to supply chain practitioners. In fact, supply chains are being impacted directly by the war and by the sanctions being put in place in response. There is potential for oil and gas supply shortages to occur as well. Beyond Fossil Fuels.

Ukraine 233

Ukraine Russia Supply Chain Sourcing Strategies 233