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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal.

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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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Supplier Risk Management Considerations for the Coronavirus Outbreak

ivalua

Even more concerning is that the death toll has spread outside of mainland China and ships outside of ports in Hong Kong and Japan are being quarantined. . This will impact manufacturers and retailers who rely on these products and labor, the logistics haulers expecting to transport the material, and ultimately the end consumers. .

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A Long Road Ahead for Procurement Professionals Managing Their Supply Chains

ModusLink Corporation

Supply Chain Management In the ever-evolving world of freight and logistics, volatility has become the new normal. Procurement experts face transportation costs, customer demands, and high pressure on global container and air freight rates. Consider global container shipping rates. before the COVID lockdown ( Freightos ).

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BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. BD and its 75,000 employees ship more than 45 billion devices annually to customers in over 190 countries.

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Supply Chain Risk Management Highlighted by a Tiny Computer Chip

Enterra Insights

Singer suggests that Chinese-made microchips embedded in our appliances, devices, satellites, fighter jets, war ships, and tanks could turn against us.”[1] ” Aside from national security implications, the main lesson to be learned here is how vulnerable companies are to risks associated with their supply chains. ”[3].

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Total Cost of Ownership Procurement Model Failure – What’s Missing?

Supply Chain Game Changer

Many businesses use some form of Total Cost of Ownership model to support their Procurement and sourcing decisions. Over time, some enlightened people determined that this approach was limited and shortsighted given all of the other dynamics involved in sourcing and supplier management. Subscribe to Supply Chain Game Changer.