article thumbnail

Supply Chain Risk Management Highlighted by a Tiny Computer Chip

Enterra Insights

.” Aside from national security implications, the main lesson to be learned here is how vulnerable companies are to risks associated with their supply chains. Smith insists, “The business case for supply chain risk management investment needs to be made convincingly and robustly to justify investment.”

article thumbnail

Achieving Maturity in Risk Management Takes Years

Logistics Viewpoints

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cargo Theft Continues to Rise

Logistics Viewpoints

Second is strategic cargo theft, which uses deceptive means to commit theft, including the use of fraud and deceptive information to trick brokers into giving up a load. Most of this is done by educating shippers and carriers on the risk of cargo theft, and what to do if and when it happens.

Cargo 238
article thumbnail

Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

But building an agile, resilient supply chain doesn’t happen overnight; it requires forethought and planning. had already been developing a supply chain risk management program and were in the midst of executing digital transformation initiatives when the crisis hit. Get the right talent in place.

article thumbnail

How to Plan for Common Disruptors in Ocean Freight

Talking Logistics

Peak season for ocean freight shipping is underway. That can make it difficult to meet your delivery times unless you take proactive steps now to minimize the risk in your supply chain. All of this will cause a tightening of space for ocean freight shipping. Regular disruptors. Golden Week. Union labor contracts.

article thumbnail

Supply chain risks: The knowable unknowns that can hurt your supply chain!

Kinaxis

The new CEO embarked on several cost reduction initiatives in conjunction with a number of changes (some may argue too fast and too soon) on how the company operates its freight-trains. However, this information in most cases does not make its way back into the planning systems. I used lead time as an example here.

article thumbnail

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

Talking Logistics

INTTRA Collaborates with JDA Software for Streamlined Transportation Management. LoJack SCI and TransVoyant Partner to Deliver Supply Chain Risk Alerting. Transervice Announces Launch of Tech-Based Freight Management Company. Sales Downshift at Heavy Truck Makers ( WSJ – sub. FAA says 181,000 U.S.