Coronavirus: Supply Chain Risk Management Back in Spotlight

Talking Logistics

The coronavirus, which the World Health Organization (WHO) declared a global health emergency last week, is starting to have an impact on supply chains. Read more Coronavirus: Supply Chain Risk Management Back in Spotlight. Brown logistics supply chain

Another Way to Think About Supply Chain Risk Management

ToolsGroup

Now we apply this same macro-agility and micro-agility concept to risk management. Micro agility requires supply and demand modeling that can predict the probability of various outcomes—and how much uncertainty there is in those predictions.

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Your 3PL as Supply Chain Risk Management Partner?

Talking Logistics

As I discussed last Friday, Accenture published a report recently on supply chain risk management. The chart below from the Accenture report highlights the different approaches companies are taking to supply chain risk management.

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. Supply chain risk management

Logistics & Supply Chain Risk Management: Pivoting to Resiliency with these 3 Simple Processes

Cerasis

Supply chain risk management and resiliency are hot-button topics in the industry. However, minute supply chain entities do not understand how resilience relates to risk management and what it means for improving focus on the supply chain.

Supply Chain Risk Management: Visibility is the Key

Talking Logistics

I like to say that supply chain management is synonymous with risk management, and the risks are growing every day, everything from natural disasters to cyberattacks. Unfortunately, many companies are falling short in managing these risks effectively.

Time to Survive and Nexus Supplier Index: New Measures of Supply Chain Risk Management

Talking Logistics

Over the past two years, I’ve written extensively about the growing importance of supply chain risk management and supply chain mapping. See for example: Rethinking Supply Chain Risk Management. Doing Nothing on Supply Chain Risk Management. Do You Have a “Top 25″ Supply Chain? Why Supply Chain Mapping Matters. Many Companies Falling Short on Supply Chain Risk Management.

Supply Chain Risk Management Highlighted by a Tiny Computer Chip

Enterra Insights

Jason Koebler and Joseph Cox explain, “In the 2015 novel Ghost Fleet , the spark that starts World War III is not a nuclear bomb, but a supply chain hack. ” Aside from national security implications, the main lesson to be learned here is how vulnerable companies are to risks associated with their supply chains. ” He also acknowledges that under-investment in supply chain risk management is understandable.

Getting Through the COVID-19 Crisis: Advice for Supply Chain and Logistics Professionals

Talking Logistics

Back in December, when we were making supply chain and logistics predictions for 2020, none of us envisioned the situation the world finds itself in today due to the COVID-19 pandemic.

Visibility is the Key to Supply Chain Risk Management

Abivin

Supply Chain Visibility – Why can’t it be ignored? It is no doubt that the supply chain is always growing to be more complex and expanding in organizational costs. Supply chain visibility is a requirement for keeping that complexity and cost under control.

Start Planning for the Coronavirus Now! 20 Things to Keep in Mind

Logistics Viewpoints

20 Things to Keep in Mind appeared first on Logistics Viewpoints. Supply Chain Risk Management coronavirusStart making your contingency plans for coronavirus immediately. Here are 20 things to keep in mind. The post Start Planning for the Coronavirus Now!

Worker Safety: Decontamination Robots to the Rescue

Logistics Viewpoints

The post Worker Safety: Decontamination Robots to the Rescue appeared first on Logistics Viewpoints. Supply Chain Risk Management Sustainability worker safetyWorkers across many industries don't feel safe during this pandemic.

If Multi-sourcing is a Best Practice, Why Are so Few Companies Doing It?

Logistics Viewpoints

Because of the pandemic, risk management surrounding sourcing has become top of mind. Companies need to ensure they have alternate sources of supply that can ramp up to the volumes needed. appeared first on Logistics Viewpoints. Supply Chain Risk Management multi-sourcin

Creating a Resilient Supply Chain

Logistics Viewpoints

Today we recognize that the supply chain is a source of strategic advantage. In our quest to drive scale and reduce costs, we have architected supply chains spanning the globe. The post Creating a Resilient Supply Chain appeared first on Logistics Viewpoints.

Force Majeure in the Time of Coronavirus

Talking Logistics

Force Majeure in the Time of Coronavirus” is still being written, but even though it won’t be as entertaining as Marquez’s book, it will be an important read for supply chain and logistics professionals. Supply chain partners commonly allocate.

Coronavirus Creates Opportunity for Healthy Supply Chain Correction

Talking Logistics

Alongside that is the incredibly difficult task of measuring supply chain effects throughout the rest of the year. Read more Coronavirus Creates Opportunity for Healthy Supply Chain Correction. Every day, the COVID-19 situation continues to evolve.

How Fast Can We Go Back to Work?

Logistics Viewpoints

Our disaster preparedness capabilities, and the supporting supply chains, will help to determine the answer to that question. appeared first on Logistics Viewpoints. Supply Chain Risk Management supply chain resiliency

Plan Effectively For These Supply Chain Risks

Talking Logistics

Which risks do you believe supply chain professionals need to plan for more effectively moving forward? The post Plan Effectively For These Supply Chain Risks appeared first on Talking Logistics with Adrian Gonzalez.

A Very Agile Supply Chain: The Inside Story of AGCO’s Response to COVID-19

Logistics Viewpoints

AGCO is a supply chain success story. This is the inside story of AGCO's response to the pandemic and how they developed such an agile supply chain. This global manufacturer of agricultural equipment began their journey to improved supply chain resiliency in 2004.

Rent the Runway: The Consequences of Failed Delivery

Talking Logistics

The post Rent the Runway: The Consequences of Failed Delivery appeared first on Talking Logistics with Adrian Gonzalez. Industry Trends Supply Chain Risk Management customer experience delivery Rent the Runway

Top 10 Talking Logistics Videos and Posts in 2017

Talking Logistics

As 2017 comes to an end, a quick thank you to all of our readers, followers, and sponsors for another great year of learning and conversation on Talking Logistics. And we continue to receive great feedback from supply chain and logistics professionals like you, so thank you for your comments.

Video 189

Certainly, Maybe: Dealing with Supply Chain Uncertainty

Talking Logistics

That’s always the case, I know, especially when it comes to supply chain and logistics, where the uncertainty dial is always turned up to 11. The post Certainly, Maybe: Dealing with Supply Chain Uncertainty appeared first on Talking Logistics with Adrian Gonzalez. Industry Trends supply chain design supply chain learning Supply Chain Risk Management uncertainty

Coronavirus and Manufacturing: Shipping and Logistics

Resilinc

supply chain risk management SCRM Best Practices supply chain resilience supply chain risk Supply Chain Impact business continuity coronavirus update supply chain delays

The Food Supply Chain is at Risk

Logistics Viewpoints

The global food supply chain is complex, vast, and vital to human existence. For that reason, when there are disruptions to the food supply chain, it makes major headlines. The post The Food Supply Chain is at Risk appeared first on Logistics Viewpoints.

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This Week in Logistics News (April 1-5, 2019)

Talking Logistics

Moving on to this week’s supply chain and logistics news… Truckers gridlocked at U.S.-Mexico Supply chains are fragile systems. What should supply chain professionals do in response? “I’m worst at what I do best.”.

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Supply Chain Cyber Attacks: How Prepared Are You?

Talking Logistics

As the number and severity of cyber attacks continue to rise, what actions are you taking to minimize the risk of a cyber attack on your supply chain? The post Supply Chain Cyber Attacks: How Prepared Are You?

What’s on Your Radar? Planning for Less Disruption in the Wake of Severe Weather and Disasters

Talking Logistics

Ask anyone in supply chain – the past few years have been particularly active for natural disasters and major weather events. Planning for Less Disruption in the Wake of Severe Weather and Disasters appeared first on Talking Logistics with Adrian Gonzalez.

Supply Chain Collaboration Networks Outlook

Logistics Viewpoints

I recently wrapped up my Supply Chain Collaborative Networks (SCCN)market study which looks at the total size of the market, the forecasted growth through 2023, and the leading suppliers across a number of categories including industry, region, and customer size.

This Week in Logistics News (January 8-12, 2018)

Talking Logistics

Or I can just wing it and go straight to the supply chain and logistics news that caught my attention this week. Cloud Logistics Announces Record Revenue, Growth and Innovation for 2017. HERE and FreightVerify partner to optimize the automotive industry supply chain.

[Video] How to Combat the Uncertainty and Risks in Global Supply Chains

Talking Logistics

Razat Gaurav, CEO of LLamasoft , discusses how companies can combat uncertainty and risks in global supply chains. Razat Gaurav, CEO of LLamasoft, discusses how companies can combat uncertainty and risks in global supply chains.

Video 130

This Week in Logistics News (June 23-27, 2014)

Talking Logistics

In other news… Supply Chain Risk Management Now a Priority for Most Businesses ( Accenture ). Several reports have been published in recent years underscoring the growing importance of supply chain risk management.

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Guide For Supply Chain Risk Management - How to Identify, Validate, and Assess

EFT

Insurance companies talk about supply chain risk in terms of assets. These diverse interpretations make identify risks more challenging. Surprisingly, many supply chain risk discussions exclude the actual supply chain. Supply Chains.

6 Supply Chain Disciplines to Enable Profitable Growth

Talking Logistics

How can supply chain management enable profitable growth? Getting to the answer requires retailers to take a broader, more strategic perspective of supply chain management, one that goes beyond defining supply chain excellence only in terms of cost reduction and control.

Consumer Goods, Ebola, Boku Haram, and African Logistics

Logistics Viewpoints

Logistics in Africa is tough. Consumer Packaged Goods (CPG) Global Trade Logistics Outsourcing Retail Supply Chain Risk Management

The Mechanisms of Supply Chain Resilience

SCM Research

Two ingredients are needed to create supply chain resilience: robustness, which is proactive, and agility, which is reactive. The Influence of Relational Competencies on Supply Chain Resilience: A Relational View.