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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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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. AGCO Stayed Nimble during the Pandemic.

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Embracing Risk-based Thinking: A Practical Guide to Risk Management

QAD

In the dynamic realm of the automotive industry, the importance of risk management has reached new heights, compelling us to revisit and enhance our insights. Tier 1 suppliers, in particular, navigate heightened risks due to a lack of transparency and control over lower tier suppliers. Why Read Our Risk Management White Paper?

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10 Ins and Outs for Supply Chain Risk Management in 2024

Resilinc

Learn the best practices for supply chain risk management in 2024 from Resilinc, the gold standard for supply chain resiliency. As risk managers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supply chain practices. Out with the old and in with the new!

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How Data Science and Modeling Can Supercharge Your Risk Management

Speaker: Dr. Ken Fordyce, Solutions Director, Supply Chain and Advanced Analytics at Arkieva

Risk management is defined as anticipating and responding to an event not yet part of the plan of record that requires a significant adjustment in your demand-supply network (DSN). COVID-19 has put risk management at the front and center in the supply chain world. How to avoid data-driven disasters.

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Vigilance Remains the Watchword of Supply Chain Risk Management

Enterra Insights

When it comes to supply chain risk management, however, vigilance is always required. ” This reality motivated Rosemary Coates , Executive Director of the Reshoring Institute and President of Blue Silk Consulting, to ask, “Are you really managing risk?”[2] ” Stuff Happens.

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Risk Management Can Be a Competitive Advantage, Part Two

Enterra Insights

”[4] Over the past few years, supply chain professionals and business consultants have closely observed supply chain challenges and, not wanting to waste a good crisis, they have come up with recommendations on how to deal with some of the more common crises facing global supply chains. Following are some of their suggestions.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.