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Risk Management Can Be a Competitive Advantage, Part One

Enterra Insights

The Mint staff adds, “Supply chain risk is a modern day reality and can emanate from a variety of sources, ranging from natural disasters to government policies and a host of other unforeseen events.”[2] In other words, good risk management can provide a significant competitive advantage for businesses. .

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Trends 2024: Risk Management

Enterra Insights

“‘The widespread use of misinformation and disinformation, and tools to disseminate it, may undermine the legitimacy of newly elected governments,’ the report warned. ”[9] Based on the recent past as well as looking ahead, business journalist Rana Foroohar suggests the current global watchword is “de-risking.”

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Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

In February, Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. The implementation was not trivial.

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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. Halal risk management is essential for trust in halal certified brands.

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Enterprise Risk Management (ERM) Framework for a Stronger Supply Chain

Resilinc

Learn how implementing an Enterprise Risk Management framework can help your company on the journey to operational resilience. Businesses have started to see risk management as a necessary facet of running a successful company. market size for risk management was valued at $0.44 In 2022, the U.S.

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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. Once infections got to 50-60 ppm, then governments begin to act. riskmethods.

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Best Practices in Supplier Risk Management

Logistics Viewpoints

For a more comprehensive explanation of best practices in supplier risk management you can view the full video of the presentation here. Because of the pandemic, risk management surrounding sourcing has become top of mind in supply chain organizations. Supplier Risk Management in Periods of Crisis.