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

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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.

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.

Supply Chain Risk Management and Rocket Science

Logility

I became very familiar with risk management early in my professional career. Supply chain professionals have to push the envelope on processes and procedures every day to gain incremental improvements in customer service, costs and efficiencies.

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.

Next Generation Supply Chain Risk Management: A Case Study

Logistics Viewpoints

We are entering an era where it is becoming possible to detect supply chain risks much more quickly. AGCO is a global leader in the design, manufacture and distribution of a wide range of agricultural equipment. In a discussion with AGCO’s Jan Theissen, Director of Strategy and Methods, and Jake Stone, Manager of Supply Chain Risk and Contract Management, I learned about this public, Atlanta headquartered corporation’s […].

CEO’s Take Heed: You Are Now Supply Chain Risk Managers

LevaData

I could write another blog post on risk management, but Angel Mendez, COO at HERE Technologies already nailed it. I encourage everyone within a global manufacturing company, starting with the CEO, to give it a read: CEO’s Take Heed: You Are Now Supply Chain Risk Managers.

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. Multiple people familiar with the matter say investigators found that the chips had been inserted at factories run by manufacturing subcontractors in China.” Smith insists, “The business case for supply chain risk management investment needs to be made convincingly and robustly to justify investment.”

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.

It’s Up To Manufacturers to Keep Their Suppliers Afloat

Resilinc

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

AI + Data = Supply Chain Risk Management!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Cut to 2019, Deloitte published its newest CPO Survey where they found that 81% of chief procurement officers with fully implemented solutions in the space of Supply Chain Risk & Compliance Management aren’t satisfied with their solutions.

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. Manufacturers, distributors and retailers are trying to understand what this will mean for. Every day, the COVID-19 situation continues to evolve.

Alarming Lack of Alternate Manufacturing Sites Part 1 (All Industries)

Resilinc

supply chain risk management SCRM Best Practices supply chain risk crisis management action plan business continuity resiliencyDownload the full 2018 annual report here.

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.

The Missing Link? EU Supply Chains after Brexit

SCM Research

The United Kingdom has been one of the key links in EU supply chains for more than 40 years. BBC Newsnight has recently reported on how Brexit could break that chain and what the consequences could be for manufacturers.

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

Supply chain risks: The knowable unknowns that can hurt your supply chain!

Kinaxis

However, did you know there are enough lead time problems lurking in your current supply chain operations that go completely unnoticed? These are the “knowable unknowns” that can hurt your supply chain performance. appeared first on The 21st Century Supply Chain.

Aviation, Aerospace & Defense Supply Chains Can Still be Resilient in a Global Emergency

Maine Pointe

The aviation, aerospace & defense (“AA&D”) industry has been rocked by an unprecedented near shutdown of commercial aviation and faced the impact of unpredictable parts shortages as companies shutdown/lockdown facilities across the entire supply chain.

3 Ways Crowdsourcing Is Revolutionizing Supply Chain Management

Kinaxis

Here are three ways that crowdsourcing is revolutionizing supply chain management today—and in the future. Amazon consistently ranks on or near the top of lists touting the best supply chains—and for good reason. Crowdsourcing supports risk management strategies.

Supply Chain Risk Blog Series#1: Why Supply Chain Risk Management Should be a High Priority

BluJay Solutions

Managing the inherent risk in a supply chain has always been critical for businesses, but has become ever more so as supply chains have extended globally. With so many companies today deriving and delivering so much of their business across a larger geographical expanse, the inherent risk factor has increased exponentially in the last decade or two.

Insuring Against Supply Chain Risks

Logistics Viewpoints

Over the last ten years, supply chain risk management has certainly grown in importance. Research (Travelers Business Risk Index) shows that in 2014, 22% of manufacturers surveyed reported they did not worry about supply chain issues; in 2015, only 9% reported this. Supply Chain Risk ManagementAnd it continues to grow in importance.

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Non-Traditional Supply Chain Pt 1: Data as a Commodity

Kinaxis

by Alexa Cheater An interesting topic came up the other day at the office, the idea of non-traditional supply chain. Not non-traditional in the sense of a company that thinks and acts a little outside of what’s considered to be ‘normal’ supply chain operating processes.

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Webinar: Supply chain strategies to combat a brave new trade world

Kinaxis

And for organizations with even moderately complex multinational supply chains, the mounting challenges are the most significant that they’ve faced to date. A fresh set of supply chain strategies are need, the quicker the better.

CSR Is A Core Component of Supply Chain Risk Management In Procurement

EcoVadis

Now more than ever, risk management is a vital part of the procurement function, and hence the CPO’s responsibilities. One main reason is because supply chains are growing longer and are getting more complex. Thus, the likelihood of supply chain disruptions has increased. What are the potential costs of failure for your company when it comes to supply chain risks? Look Across The Supply Chain.

Accenture – 10 Years After: How Close Are We to True Demand-Driven Supply Chains? SupplyChainBrain & Kinaxis Video Series

Kinaxis

It’s been about a decade since companies began talking about the dream of a truly “ demand-driven ” supply chain. It’s been 10 years since companies began striving to create “demand-driven” supply chains.

Video 259

How to Combat the Uncertainty and Risks in Today’s Global Supply Chains

Talking Logistics

and China, what’s happening (or not happening) with Brexit in Europe, or the status of “New NAFTA” and other trade agreements, one thing is clear: there is growing risk and uncertainty in global supply chain management. How are leading companies navigating these risks and uncertainties? Two of the biggest supply chain challenges uncovered by the study are the age-old problem of taxes and duties and the more recent trend toward economic nationalism.

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Do your supply chain challenges have you feeling a little snowed under?

Kinaxis

by Andrew Dunbar The first day of spring is less than a week away but the Canadian winter is still wreaking havoc on local supply chains. Though complex, it’s not that different in nature than the basic supply chain problems we face in other industries on a daily basis.

Still Think Dangerous Goods is Just Paperwork and Labels?

Talking Logistics

It’s unfortunate (and risky), but Dangerous Goods often doesn’t get the focus that it deserves, or management just does not fully understand what it takes to be compliant and the overall impact of compliance on the organization,” states the Outlook report.

The Fashion Supply Chain: Unraveling the Reality

Kinaxis

And whether you realize it or not, the garment industry supply chain is changing – both for the better and for the worse. Cambodia, China, Taiwan, India – look at the ‘made in’ labels on your clothing and you’re likely to find these popular clothing manufacturing countries.

The Next Great Disruption Coming to Supply Chains

Kinaxis

by CJ Wehlage What would you say is the next great disruption coming to our supply chain world? However, there’s one great disruption already occurring, which has yet to truly “touch” supply chain. As a supply chain practitioner, do you notice something missing?

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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Countdown to Black Friday: Are You an Easy Target for Cargo Theft?

Talking Logistics

With Black Friday on the horizon, consumer goods of all kinds are making their way from manufacturers to distribution centers and retail locations across the country. Remember that freight at rest is freight at risk. Christopher McLoughlin is Risk Manager at C.H.

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Three Reasons to Give Advanced Track and Trace Capabilities a Fresh Look

Logistics Viewpoints

The need for track and trace capabilities in industries such as food and beverage, manufacturing or automotive industries is obvious: the threat of contamination or recalls impacts public safety, and the responses to those events are highly regulated.

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. HERE and FreightVerify partner to optimize the automotive industry supply chain. What can I do if I have writer’s block?