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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.” MORE
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. MORE
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. MORE
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. MORE
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. MORE
supply chain risk management SCRM Best Practices supply chain risk crisis management action plan business continuity resiliencyDownload the full 2018 annual report here. MORE
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. MORE
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. MORE
supply chain risk management SCRM Best Practices supply chain resilience supply chain risk Supply Chain Impact business continuity coronavirus update supply chain delays MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
supply chain risk management SCRM Best Practices supply chain resilience supply chain risk Supply Chain Impact business continuity coronavirus update supply chain delays MORE
“A third (35 percent) of businesses in the manufacturing industry are extremely concerned about potential supply chain disruption according to … Continued. The post Supply Chain Risk Management: Dealing with Disruption appeared first on Enterra Solutions. MORE
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. MORE
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. MORE
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. MORE
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? MORE
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 […]. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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. MORE
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 MORE
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? MORE
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. MORE
Talking Logistics
JUNE 30, 2014
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.
Kinaxis
NOVEMBER 11, 2016
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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Cerasis
FEBRUARY 23, 2016
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.
Kinaxis
OCTOBER 1, 2014
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.
Logility
FEBRUARY 23, 2016
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.
Talking Logistics
JUNE 10, 2015
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.
|
Logistics Viewpoints
DECEMBER 16, 2015
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 […].
LevaData
APRIL 28, 2020
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.
Enterra Insights
OCTOBER 10, 2018
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.”
Abivin
JANUARY 25, 2018
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.
Resilinc
APRIL 14, 2020
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 Game Changer
FEBRUARY 5, 2020
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.
Talking Logistics
MARCH 12, 2020
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.
Resilinc
MARCH 25, 2019
supply chain risk management SCRM Best Practices supply chain risk crisis management action plan business continuity resiliencyDownload the full 2018 annual report here.
Logistics Viewpoints
APRIL 20, 2020
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.
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SCM Research
SEPTEMBER 18, 2018
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.
Resilinc
MARCH 17, 2020
supply chain risk management SCRM Best Practices supply chain resilience supply chain risk Supply Chain Impact business continuity coronavirus update supply chain delays
Kinaxis
SEPTEMBER 6, 2017
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.
Maine Pointe
APRIL 22, 2020
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.
Kinaxis
SEPTEMBER 2, 2015
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.
BluJay Solutions
APRIL 30, 2014
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.
Logistics Viewpoints
SEPTEMBER 28, 2015
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.
Kinaxis
APRIL 29, 2015
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.
Kinaxis
DECEMBER 14, 2018
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.
EcoVadis
JANUARY 8, 2015
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.
Kinaxis
MARCH 18, 2015
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.
Talking Logistics
MARCH 6, 2019
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.
Kinaxis
MARCH 17, 2015
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.
Talking Logistics
SEPTEMBER 25, 2017
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.
Kinaxis
JULY 24, 2015
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.
Kinaxis
AUGUST 18, 2014
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?
Talking Logistics
JUNE 27, 2014
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.
Talking Logistics
OCTOBER 20, 2016
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.
Logistics Viewpoints
NOVEMBER 13, 2014
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.
Talking Logistics
JANUARY 12, 2018
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?
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