article thumbnail

Trends 2024: Risk Management

Enterra Insights

Few, if any, analysts are predicting fair winds and following seas for supply chains this year. Recently, Thibaud Molin , a partner at the KYU, told reporters at a press conference, “The world has entered a zone of uncertainty.”[1] Another risk area that ranks high on most experts’ lists is climate change.

article thumbnail

Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

Risks in halal supply chains The halal integrity of a brand (and its products) is a function of its supply chain, where a breakage in halal integrity anywhere in a supply chain becomes a breakage of its halal integrity. This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Climate Change: Companies Must Step-up as Governments Fail to Act

Enterra Insights

Nevertheless, when candidates participating in the first Republican presidential debate were asked whether humans had contributed to climate change, journalist Neil Vigdor reports that the debate “quickly descended into personal attacks and obfuscation.”[1] What does stepping-up to climate change mean? degrees Celsius (2.7

article thumbnail

It’s Time for Procurement to own Scope 3 Emissions

ivalua

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions. POs, and invoices).

article thumbnail

It’s Time for Procurement to own Scope 3 Emissions

ivalua

Why should Procurement own Scope 3 Emissions? For most procurement (and supply chain) professionals, the topic of Scope 1, 2, and 3 emissions should be coming at you from every direction. In the diagram below, it’s clear that the main area of impact for Procurement is upstream Scope 3 emissions. POs, and invoices).

article thumbnail

Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

While prior risk management disruptions occurred and quickly established a new normal, in the COVID-19 pandemic, the only normal is constant change. Next Steps: Start to model demand based on market data to align the organization on baseline demand. Resist the temptation to place deeper analytics on top of existing data models.

article thumbnail

The Power of the Network: ERP vs. Spend Management

Logistics Viewpoints

GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across a range of industries to gain insight into their priorities and strategies regarding supply chain resilience and optimization. Key spend management suppliers include GEP, Coupa, and Jaggaer.