Talking Logistics

JUNE 30, 2014

As I discussed last Friday, Accenture published a report recently on supply chain risk management. Seventy-six percent of the companies that participated in the study described supply chain risk management as important or very important, and “of the more than 1000 companies represented across 10 industries, 25 percent plan increased investments of at least 20 percent in supply chain risk management in the next two years.”.

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Supply Chain Risk Management Risk Management 3PL Supply Chain 210

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. The southeast contains a bunch of key ports and supply chain links that were in peril as Matthew approached and eventually passed through them. The human links of the supply chain were stressed.

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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 […].

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Case Study Supply Chain Risk Management Risk Management Study 138

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. As the supply chain continues to grow in complexity and regulation, the opportunities for problems and other events to impact operations negatively will consequently grow.

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Unleashed

DECEMBER 7, 2020

What is supply chain risk management? Supply chain risk management is the process of identifying and managing issues within a supply chain. Who needs to understand supply chain risk management?

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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. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Your supply chain is costing you money – Reason #4 Making key decisions by modelling the supply chain in Excel.

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Supply Chain Risk Management Risk Management Japan Supply Chain 203

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. As in the aerospace industry, pushing the supply chain envelope involves increased risks that need to be analyzed and mitigated, if possible, or at least planned for.

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Supply Chain Risk Management Risk Management Aerospace Military 136

Enterra Insights

JULY 22, 2015

“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. Big Data Cognitive Computing Risk Management Supply Chain

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ThroughPut

OCTOBER 1, 2020

A recent study by Deloitte revealed that almost 85% of surveyed global supply chains had experienced at least one disruption in the past 12 months. What is Supply Chain Risk Management? The Supply Chain Risk Management Lifecycle.

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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.”

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Supply Chain Game Changer

JUNE 16, 2020

Subscribe to Supply Chain Game Changer. Is Your Supply Chain Ready To Recover? In thinking about the show and its construct I thought about the incredible amount of risk that the performers and producers are managing. These world class performers have astonishing talent but they are also working in an environment designed to eliminate risk and maximize safety. While most jobs are not life threatening the level of risk is still prevalent.

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Turvo

JUNE 3, 2020

Global supply chain risk management continues to evolve and embodies a consideration of possibilities and outcomes by supply chain executives totaling in the millions. Unfortunately, supply chain risks are inevitable as we’ve experienced with pandemics, weather-related disasters, corporate fallout, economic instability, and international trade regulations. Problems managing payments and hitting supply chain finance goals.

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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. In term of risk management, visibility is essential to enable both the business and supply chain to become more agile, competitive, and robust.

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Supply Chain Risk Management Risk Management Supply Chain Visibility Inventory 62

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. The process must be inextricably linked to a broader Enterprise Risk Management framework, which must be regularly rehearsed and stress tested.”.

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SCM Research

OCTOBER 1, 2020

The McKinsey Global Institute (MGI) has recently published a new report: Risk, Resilience, and Rebalancing in Global Value Chains. Practice Research Resilience Supply Chain Risk Management

Global 143

Global Report Innovation Supply Chain Risk Management 143

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.

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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.

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Supply Chain Survey Report Research 204

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. Introduced by Gartner Analyst, Noha Tohamy, at Gartner’s Supply Chain Executive Conference, AI was broken down into two categories. Subscribe Here!

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Resilinc

MARCH 17, 2020

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Shipping 48

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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. I like the video and have used it for my Supply Chain Risk Management course to discuss this topic with my students. Practice Globalization Supply Chain Management Supply Chain Risk Management Video

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United Kingdom Course Supply Chain Report 120

Resilinc

APRIL 14, 2020

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Manufacturing 48

Manufacturing Supply Chain Risk Management Risk Management Supply Chain 48

Resilinc

MAY 25, 2020

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Manufacturing 48

Manufacturing Supply Chain Risk Management Risk Management Supply Chain 48

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. Over the years, I have partnered with a number of customers across a variety of industries as part of their supply chain planning transformation journey. Poor supply chain assumptions are like the deep cuts and bad bruises on your supply chain.

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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. The post A Very Agile Supply Chain: The Inside Story of AGCO’s Response to COVID-19 appeared first on Logistics Viewpoints.

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Manufacturing Global Logistics Supply Chain 81

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.

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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. Inventory Management Reverse Logistics Supply Chain Risk Management Warehouse Management Systems

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Beverage Automotive Reverse Logistics Food 197

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.

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Supply Chain Risk Management Risk Management Sustainability Metrics 40

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. Amazon’s achievements in supply chain management have led consumers to establish an incredibly high bar for timely and accurate product delivery. Crowdsourcing supports risk management strategies.

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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. Read more Coronavirus Creates Opportunity for Healthy Supply Chain Correction. The post Coronavirus Creates Opportunity for Healthy Supply Chain Correction appeared first on Talking Logistics with Adrian Gonzalez.

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Retail Manufacturing Supply Chain Logistics 70

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. Rather, supply chains that don’t deal with material goods at all. Anyone who works in traditional supply chain knows data is king.

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Data Supply Chain Supply Chain Risk Management Risk Management 200

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. Today, companies are “realizing that perhaps it’s not quite as short a journey as we thought it would be,” says Roddy Martin, managing director of Accenture Supply Chain Strategies.

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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. Combine this with an uncertain trade environment with unprecedented market volatility and the impact of ongoing legal, regulatory and taxation changes, and you have a perfect supply chain storm brewing.

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Talking Logistics

JULY 14, 2014

Two recent reports highlight the growing threat of cyber-terrorism on supply chains. While the Coast Guard initiated a number of activities and coordinating strategies to improve physical security in specific ports, it has not conducted a risk assessment that fully addresses cyber-related threats, vulnerabilities, and consequences. As I’ve written many times before, when it comes to supply chain risk management, many companies are falling short.

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United States Security Supply Chain Government 190

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. While it would be convenient to blame this on Nova Scotia’s unforgiving winter weather, the root cause of this delay is really a supply chain planning issue. Though complex, it’s not that different in nature than the basic supply chain problems we face in other industries on a daily basis.

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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. This includes investments in “technology and/or organization that provides visibility within and/or across the Supply Chain that highlights trends and potential risks.”.

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