Remove Inventory Remove Sourcing Remove Supply Chain Remove Supply Chain Risk Management
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

Vigilance Remains the Watchword of Supply Chain Risk Management

Enterra Insights

When it comes to supply chain risk management, however, vigilance is always required. The Supply Chain Quarterly reminds us, “Supply chain challenges aren’t over yet.”[1] SAP researchers said the move to a ‘just in case’ supply chain will lead to higher costs.”

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 in 2024

American Global Logistics

By taking a proactive approach to supply chain risk management, your business can protect itself from disruptions and maintain its competitive edge. Disruptions in transportation infrastructure and evolving consumer demands pose additional challenges that require proactive management.

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

It’s Time to Rethink Supply Chain Risk Management

ivalua

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions.

article thumbnail

Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Kinaxis

states, obvious disruptions to supply chains and supply chain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. The human links of the supply chain were stressed. The theme here?

article thumbnail

Your supply chain is costing you money – Reason #5 Not having a supply chain risk management process

Kinaxis

by John Westerveld Reason #5: Not having a supply chain risk management process. Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Reason #3 Not having end-to-end supply chain visibility.