Remove Inventory Remove Manufacturing Remove Risk Management Remove Supply Chain
article thumbnail

Supply Chain Risk Management : The Challenges Driving Increased Interest in Managed Service

GlobalTranz

Any discussion on supply chain risk management and applying managed transportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supply chain disruption. A rapid change in demand for PPE also led to significant supply disruptions.

article thumbnail

Supply Chain Resilience. Really?

Supply Chain Shaman

Today, I speak at the North American Manufacturing Association, Manufacturing Leadership Conference, in Nashville on the use of data to improve supply chain resilience. Background The Council of Supply Chain Resilience met for the first time this month. What is supply chain resilience?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Supply Chain Risk Management: 7 Challenges Driving Increased Interest in Managed Service

Logistics Viewpoints

Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.

article thumbnail

Supply Chain Risk Management & Supply Chain Resilience: Is There a Difference?

Resilinc

Do you ever get confused when people use the terms supply chain risk management (SCRM) and supply chain resilience? It’s common to hear industry practitioners, stakeholders, solution providers, and analysts use these terms interchangeably; for example, an SCRM program and a supply chain resilience program.

article thumbnail

What Is Supply Chain Risk Management…and Why Can’t I Get a PS5?

ToolsGroup

Plus, since semiconductor-based materials make up 40 percent of new vehicle costs and countless other consumer products, PS5s aren’t the only things in short supply. It is, in order words, a failure in supply chain risk management. What is supply chain risk management?

article thumbnail

Risk Management Can Be a Competitive Advantage, Part Two

Enterra Insights

2] With the world in a state of constant turmoil, supply chains risks abound. ”[3] In Part One of this article, I focused on four supply chain risk areas: Cybersecurity; climate change; geopolitics; and, suppliers/third parties. Did we take on too much risk?'”[4]

article thumbnail

How Risk Management Software is Transforming 3 Industries!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In today’s world, supply chains are more important than ever. In fact, 89% of businesses encountered a supplier risk event in the last five years. Manufacturing.