Resilinc
JUNE 11, 2023
Do you ever get confused when people use the terms supply chain risk management (SCRM) and supply chain resilience? Essentially, one views risk as a potential danger, the other perceives risk as an opportunity to grow and improve. Supply Chain Risk Management (Half-Empty): Sees risk as a threat to be minimized.
Supply Chain Shaman
DECEMBER 7, 2023
Improve cross-government data sharing and analyze resilience. I believe that the ASCM definition is too reactive and rooted in the traditional, and outdated concepts on risk management. I am currently doing research on inventory management. In the research, I ask inventory planners to define resilience.
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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. ”[1] How far in advance should companies and governments have seen the pandemic coming. Today, ears are no longer deaf to the topic of supply chain risk management.
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.
E2open
OCTOBER 10, 2022
Climate considerations have also been added to the company’s ongoing risk management process as well as evaluation criteria for e2open offices and data centers. Its ethical management starts with its board of directors and carries throughout its entire network through data and information security, client privacy, and risk management.
Kinaxis
OCTOBER 1, 2014
by John Westerveld Reason #5: Not having a supply chain risk management process. Yet, a surprising number of companies (while they have traditional insurance) do not have a supply chain risk management “insurance” aka a supply chain risk management process.
Supply Chain Shaman
JUNE 9, 2023
A Focus on Safety Stock Is Too Narrow for Effective Inventory Management. A manufacturing company’s safety stock is 30-40% of the total inventory requirement. The form and function of inventory need to be addressed holistically, and this requires much, much more analysis than probabilistic forecasting. The reason?
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