Supply Chain Risk Management Highlighted by a Tiny Computer Chip

Enterra Insights

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. ” Aside from national security implications, the main lesson to be learned here is how vulnerable companies are to risks associated with their supply chains. ” He also acknowledges that under-investment in supply chain risk management is understandable.

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Is Your Supply Chain Ready To Recover? In thinking about the show and its construct I thought about the incredible amount of risk that the performers and producers are managing. These world class performers have astonishing talent but they are also working in an environment designed to eliminate risk and maximize safety. While most jobs are not life threatening the level of risk is still prevalent.

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Supply Chain Risk Blog Series#1: Why Supply Chain Risk Management Should be a High Priority

BluJay Solutions

Managing the inherent risk in a supply chain has always been critical for businesses, but has become ever more so as supply chains have extended globally. With so many companies today deriving and delivering so much of their business across a larger geographical expanse, the inherent risk factor has increased exponentially in the last decade or two.

This Week in Logistics News (June 23-27, 2014)

Talking Logistics

In other news… Supply Chain Risk Management Now a Priority for Most Businesses ( Accenture ). April 2014 North American Freight Numbers. Several reports have been published in recent years underscoring the growing importance of supply chain risk management. This includes investments in “technology and/or organization that provides visibility within and/or across the Supply Chain that highlights trends and potential risks.”.

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This Week in Logistics News (September 12-16, 2016)

Talking Logistics

Are you attending the Council of Supply Chain Management Professionals (CSCMP) Annual Conference later this month (September 25-28 in Orlando, FL)? If so, I invite you to attend two of the sessions that I am participating in, both related to transportation management: TMS 4 SMB: A Case Study with Carhartt. Many products are within the category of optimizers for supply chain needs. New Transport Mode to Redefine Freight Movement.

Guide For Supply Chain Risk Management - How to Identify, Validate, and Assess

EFT

Insurance companies talk about supply chain risk in terms of assets. These diverse interpretations make identify risks more challenging. Surprisingly, many supply chain risk discussions exclude the actual supply chain. They do not recognize logistics infrastructure, logistics service providers, and how products move through supply chains. As a result, they overlook risks. Supply Chains.

This Week in Logistics News (June 20-24, 2016)

Talking Logistics

A beautiful woman passed away this morning, my wife’s aunt who we all loved, so I will be brief with my comments about this week’s supply chain and logistics news. Logistics in Transition: U.S. Business Logistics Costs Slow Considerably with 2.6% HighJump Adds Supply Chain Analytics to Enterprise Software Suite. Triumph Business Capital Provides Instant Cash Funding Via AscendTMS™ Logistics Software. business logistics costs rose to $1.48

This Week in Logistics News (February 23-27, 2015)

Talking Logistics

Moving on to this week’s supply chain and logistics news… Target Lowers Free Shipping Minimum to $25 for Online Orders. DHL launches next phase Resilience360 risk management tool to help customers avoid global disasters. December 2014 North American Freight Numbers. These trends, in turn, are putting tremendous pressure on supply chains to not only meet the more stringent expectations of consumers, but to do so profitably.

This Week in Logistics News (January 19-23, 2015)

Talking Logistics

In other news… Elemica Awarded 2nd Patent on Supply Chain Operating Network. LLamasoft and CHAINalytics Partner to Provide Integrated Access to Freight Market Intelligence. Ryder First in Supply Chain Industry to be Awarded SAFETY Act Certification from U.S. Teamsters lose another vote at FedEx Freight facility (Reuters). Department of Homeland Security (DHS) for its global supply chain security program.

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

Talking Logistics

In the meantime, here’s the supply chain and logistics news that caught my attention this week: EU Approves FedEx Acquisition of TNT Express ( WSJ – sub. 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.

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This Week in Logistics News (April 1-5, 2019)

Talking Logistics

Moving on to this week’s supply chain and logistics news… Truckers gridlocked at U.S.-Mexico Supply chains are fragile systems. This week, as reported by Reuters, a different type of storm disrupted supply chains: “trucks delivering goods from Mexico to the United States are facing up to 12 hours of gridlock, drivers said, after a transfer of [750] U.S. What should supply chain professionals do in response?

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Countdown to Black Friday: Are You an Easy Target for Cargo Theft?

Talking Logistics

The industry experiences more cargo theft incidents when there is a higher volume of consumer goods moving through the supply chain. But while we are in the midst of a season notorious for a spike in cargo thefts , there are a few precautions you can take to protect your freight. Remember that freight at rest is freight at risk. The more time freight spends sitting unattended, the likelier the chances are for truckload theft.

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This Week in Logistics News (November 11-15, 2013)

Talking Logistics

Freight Shipments Rose 0.8% University of Maryland Selects Resilinc as Supply Chain Risk Partner. According to Jeff Starecheski, Vice President Logistics Services at Sears Holdings, “Customer service is of paramount importance to Sears Holdings, our members and customers. Getting these conversations started at the university level with future supply chain leaders is a great step forward. Note: Descartes is a Talking Logistics sponsor.

Enabling Supply Chain Flexibility: Two Important (But Often Overlooked) Factors

Talking Logistics

El Niño and Jonas are the latest reminders that weather and other natural events, such as earthquakes, can lead to supply chain disruptions. In light of these risks, developing a flexible supply chain is the best strategy for success, but what does that mean exactly and how can companies get there? That was the central question Matt Castle, Director of Air Freight Services at C.H. Robinson , and I addressed in a recent episode of Talking Logistics.

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Citations of Excellence Awards 2016

SCM Research

Technology Designed to Combat Fakes in the Global Supply Chain. The Reduction of Greenhouse Gas Emissions from Freight Transport by Pooling Supply Chains. Ensuring Supply Chain Resilience: Development and Implementation of an Assessment Tool. Journal of Business Logistics, 34 (1), 46-76 DOI: 10.1111/jbl.12009. Closed-Loop Supply Chains: A Critical Review, and Future Research.

Identity Theft, Trucking Style

Talking Logistics

Then the con artists offer low bids to freight brokers who handle shipping for numerous companies. Here are my three simple tips to prevent cargo theft in general (or at least minimize the risk): 1. The longer a loaded trailer or container sits unattended, the higher the risk for theft. And you should collect data on where (and for how long) loaded trailers/containers sit along your supply chain to understand where you face the greatest risk for cargo theft.

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Listen to El Niño: Why Developing a Flexible Supply Chain Matters

Talking Logistics

It’s the latest reminder that weather and other natural events, such as earthquakes, can lead to supply chain disruptions. In light of these risks, developing a flexible supply chain is the best strategy for success, but what does that mean exactly and how can companies get there? That is the central question Matt Castle, Director of Air Freight Services at C.H. How do you measure or assess the flexibility of your supply chain?

Supply Chain and Logistics Predictions for 2016

Talking Logistics

Google did not acquire a third-party logistics (3PL) company or a logistics software vendor. For example, 3PLs and software vendors did pay more attention to serving the needs of small and mid-sized businesses (SMBs) and companies in the Energy and Process Industries (see TMS for SMB: Breaking Down the Barriers , Oil & Gas Companies Focus on Eliminating Supply Chain Waste , and Collaboration and Optimization in the Oil & Gas Industry ).

Supply Chain Risk Blog Series#3: The Role of Regulation

BluJay Solutions

In the last post in our blog series on Supply Chain Risk, we focused on the impact of complexity and the role of contingency planning in managing risk. Now it’s time to consider the role of regulatory requirements and legislation in your supply chain risk planning. . So, which of the myriad of government regulations are pertinent to a company’s risk management strategy?

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. But I was right with some of my other predictions, especially my prediction that we would see a rise in cyber attacks in 2017, with supply chain and logistics operations becoming new targets. It echoed the title of my September 2016 post, “ The Day a Cyber Attack Brings the World’s Supply Chains to a Halt.”.

Hurricane Florence, Disaster Recovery Logistics Planning and TMS Solutions

Supply Chain Collaborator

TMS solutions and associated logistics IT tools are a critical part of any successful volume shipper’s supply chain risk management plan. Hurricane Florence is presently testing the mettle of the logistics management technologies used by shippers at the epicenter of natural disaster recovery – food/beverage shippers, building materials shippers, energy shippers and others.

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Combating the Growing Risk and Uncertainty of Global Trade

Talking Logistics

Globalization for any growth-oriented company represents a significant opportunity, but it obviously comes with a tremendous amount of associated risk,” said Matt Castle, VP of Global Forwarding Products and Services at C.H. Robinson in a recent episode of Talking Logistics. How do you combat this growing risk and uncertainty? You have to build strong relationships across your supply chain,” said Castle. “If Robinson global trade NAFTA supply chain design

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Logistics, Data, and Cognitive Computing

Enterra Insights

Logistics have always been data driven. Historically, logistics data can be found on cuneiform tablets, pieces of parchment, and paper. Most supply chain professionals understand this, which is why the interest in blockchain technology is growing. Blockchain will certainly help logistics operations in a number of ways; but, digital data already available can also help. Complexity adds another layer of difficulty to the logistics picture.

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Google Will Acquire a 3PL – And Other Supply Chain and Logistics Predictions for 2015

Talking Logistics

“We will see $300 a barrel — or roughly $250 in today’s dollars — because oil supply will be so short. That will be in 2015, after the peak of oil [supply].”. I use this example to illustrate the challenges (or, perhaps, the futility) of making supply chain and logistics predictions. The EIA now expects that “global liquid fuels supply will continue to outpace consumption, resulting in an average stock build of 0.4

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This Week in Logistics News (January 14-18, 2019)

Talking Logistics

Will blockchain have the same fate as RFID in supply chain management? As reported by The Loadstar this week, “Blockchain logistics start-up OpenPort has notified shareholders it is out of funds and intends to proceed with liquidation.” That said, leading companies are still testing blockchain in various supply chain applications. As I wrote back in December 2015, I believe blockchain has the potential to improve supply chain processes.

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This Week in Logistics News (October 27-31, 2014)

Talking Logistics

Moving on to this week’s supply chain and logistics news… JDA Software Unveils New Brand Identity, Logo, and “Plan to Deliver” Tagline. Port Logistics Group Adds to Omni-channel Capabilities with EventPick. CIMC and Globe Tracker Collaborate to Accelerate Global Adoption of Supply Chain Tracking, Monitoring and Asset Management Services and Equipment. Amazon Opens 3 Logistics Centers in Poland (ABC News).

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New 3PL Study: The State of Logistics Outsourcing

Supply Chain Movement

In the 2015 19th Annual Third Party Logistics Study, survey results showed the continuing, positive overall nature of shipper-3PL relationships. Both parties view themselves as being successful, and shippers are seeing positive results again this year: an average logistics cost reduction of 9% an average inventory cost reduction of 5% and an average fixed logistics cost reduction of 15%. Strategic Workforce Management Throughout the Supply Chain.

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What I Learned at the CSCMP Annual Global Conference 2014

Talking Logistics

The Council of Supply Chain Management Professionals (CSCMP) Annual Global Conference is among the best events to learn and network in the industry. I learned that people are genuinely excited about the opportunities in supply chain management. Simply put, there’s no time or reason to be bored in supply chain management — if you are, then you’re either working at the wrong company or supply chain management is not for you.

Whitman School Collaborates with Staples to Analyze Supply Chain Management Opportunities Sparking Millennial Interest

Cerasis

Editor’s Note : It is clear from several articles around the Skills Gap that we need programs that keep the next generations interested in one of the most vital parts of business today: mastering the supply chain. It is proven time and time again that those companies who master all of the chains in the many faceted practice of supply chain management have a competitive advantage. Franklin Center for Supply Chain Management at the Martin J.

Blockchain has Potential

Enterra Insights

For example, Hailey Lynne McKeefry ( @HaileyMcK ) writes, “Supply chain professionals are talking a lot about blockchain, and how it can be applied to address the increasingly global and complex nature of the supply chain. They are: Tracking products moving through the supply chain. Managing trade documentation. Managing supply chain risk. Managing demand and supply planning. Managing inventory.

Blockchain and Supply Chain are Becoming Inextricably Tied

Enterra Insights

Increasingly, however, articles about blockchain technology focus on how it can help improve supply chain operations. Today’s supply chains are mindbogglingly complex and blockchain has the potential to address some of that complexity. David Higgins, EMEA Technical Director at CyberArk, explains, “It only takes a quick Google search of ‘supply chain diagrams’ to see how complicated the modern day supply chain has become.

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. In order to accelerate the learning, this article has gathered 20+ most sought-after supply chain case studies, analyzed/categorized them by industry and the findings are presented.

Supply Chain-Enhanced Customer Experience

Enterra Insights

Although the connection between great customer experience and a world-class supply chain is obvious, customer experience is not the first thing that pops into most peoples’ minds when they hear the term “supply chain.” ” According to Phil Britt ( @Phil_Britt ), supply chain professionals are among the few people who regularly make the connection between customer service and the supply chain.

Supply Chain Movement 21 – S&OP + IT

Supply Chain Movement

Contents Supply Chain Movement 21 – 2016 Q2. Forecasting is about managing risks. Major organisational and cultural changes lie ahead for supply chain management. The supply chain software industry is in a considerable state of flux. as the advance of e-commerce continues, companies with an omnichannel approach are increasingly implementing specific order management systems. 29 | Checklist Freight Spend Management.

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Supply Chain Leaders Insights in Melbourne and Sydney This October

Logistics Bureau

Melbourne and Sydney: Two Cities to Visit for Supply Chain Insights. If you’re anywhere near Sydney or Melbourne this October and you want to a rare chance to gain some valuable supply chain leaders’ insights, you’re about to learn about an event you really shouldn’t miss. Our Supply Chain Leaders Insights conference, round-table, and training day will be taking place in both cities this year. GPSM: Freight forwarding.