Building the Business Case for Supply Chain Risk Management

Cerasis

Naturally, to take advantage of this opportunity, you will need a well-functioning supply chain, which you happen to have. But there are some risks. Do you think that your supply chain management is good enough for this market? That’s when it all gets extremely complicated, but one thing remains crystal clear: supply chain risk management is profoundly important for businesses to grow and expand. Supply Chain

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.

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R Score and its Impact on Supply Chain Risk Management

Resilinc

Musings on a Metric: Supply Chain Risk Management with R Score. supply chain risk management r-score

My Supply Chain Resolutions

Logistics Viewpoints

What resolutions should you make in the New Year to improve your supply chain? Here are mine: To remember that supply chains should be built backward from the customer. Learning & Leadership Supply Chain Risk Management

3 Core Metrics & 10 Soft Metrics for Measuring Supply Chain Performance

Cerasis

The average Supply Chain management professional measures their Supply Chain by reviewing cost reduction. Is cost reduction all that there is in measuring Supply Chain performance? What about measuring working capital in the Supply Chain?

Supply Chain: The True Game of Risk

Supply Chain Shaman

One of my favorites was the board game Risk. ” The rules have changed, and the risk increased. For the supply chain leader it is not a game… The stake is business continuity. Gamers do well in the world of supply chain. This increases risk.

Supply Chain Management Best Practices: Resilience

PLS Logistics

Supply chains are diverse and complex – so are the potential risks that could disrupt them. A good supply chain management strategy invests in resilience. 75% of companies experience at least one major supply chain disruption a year.

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.

Your supply chain is costing you money – Reason #9: Relentless pursuit of one metric at the expense of other metrics.

Kinaxis

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 Making key decisions by modelling the supply chain in Excel.

What if… you really could “what-if” in your supply chain?

Kinaxis

especially when you say “what-if” with your supply chain. The list goes on… we’ve only barely scratched the surface of the types of what-if analysis that supply chain professionals try to do every day. If I make this change, how does it impact my key metrics?

Know sooner, act faster and accelerate your supply chain performance!

Kinaxis

by John Westerveld When things happen in supply chain, knowing sooner and acting faster can mean the difference between a major catastrophe and a minor hiccup in your supply chain performance. Imagine this scenario; you are a supply chain executive for a major U.S.-based

Performance Measurement Systems in the Era of Turbulence

SCM Research

Our new article, titled Accounting for External Turbulence of Logistics Organizations via Performance Measurement Systems (Supply Chain Management: An International Journal, Vol. It deals with the interface of supply chain risk management – a “hot topic” in SCM research – and performance measurement systems (PMS). Supply Chain Management: An International Journal, 21 (6), 694-708 DOI: 10.1108/SCM-02-2016-0040.

System 110

Supply Chain Risks: Which Are Top of Mind Today?

Talking Logistics

If you were to add a subtitle to every supply chain professional’s job description it would be Risk Manager or Risk Mitigator. The reality is that supply chain management is not just about managing orders and transportation and inventory — it’s about doing all those things while also navigating through the many risks that could disrupt your supply chain or bring it to a halt.

Confessions of a 50-Year-Old Hacker

Kinaxis

As I sat and watched the presentations, I was blown away by the depth of supply chain knowledge and the amount of creativity on display. Our team put together some ideas around supply chain risk management.

5 New Year’s Resolutions for Supply Chain & Logistics Executives

Talking Logistics

If you’re a supply chain or logistics executive and you’re looking for ways to improve as a leader this year, here are my five recommendations: 1. Ask “What are the risks?”more Supply chain management is risky business — and the risks are growing every day. Simply put, many companies are still falling short on supply chain risk management , and they continue to pay the price.

Made in “I Really Don’t Know”

Talking Logistics

In this week’s Ripped from the Headlines segment, another example of how many companies still have poor visibility and control of their end-to-end supply chains. “Australians would be shocked to hear that an iconic Australian brand with roots on the surf coast of Victoria can’t confidently track clothing produced within its own supply chain,” said Oxfam Australia’s CEO Dr Helen Szoke​. How do you begin to improve supply chain visibility and control?

Using Modeling and Analytics to Design a Resilient Supply Chain

Talking Logistics

Supply chain optimization is a widespread term, but did you know that an optimized supply chain is not necessarily a resilient one? Supply chain resiliency focuses on designing your business and supply chain to quickly bounce back from disruptions.

Supply Chain Disruptions: A Survival Guide - SupplyChainOpz

Supply Chain Opz

Supply Chain Disruptions: A Survival Guide. Do you feel supply chain risk management is too complicated to implement? This article will show you how one of the worlds leading companies put a theory into practice and survive many supply chain disruptions.

Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

I will be wrong again,” I stated last year before making my supply chain and logistics predictions for 2017 , and I was right. It echoed the title of my September 2016 post, “ The Day a Cyber Attack Brings the World’s Supply Chains to a Halt.”. Source: Evan, Flikr. “I

Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection

Kinaxis

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. However, many ports are not allowing these ships to dock due to the risk of creditors seizing the ships. Such risks are on the rise.

At the Starting Line: New Year’s Resolutions for Supply Chain and Logistics Executives

Talking Logistics

We’ve made our predictions , but it’s the unexpected that makes supply chain management so exciting and demanding. Did you come up with any New Year’s resolutions to improve as a supply chain and logistics leader this year? Ask “What are the risks?”more

Your supply chain is costing you money – Reason #10 Failure to adequately train your supply chain planning staff

Kinaxis

by John Westerveld 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 #5 Not having a supply chain risk management process.

Talking Logistics YOUniversity: Our First Course

Talking Logistics

Talking Logistics was launched as a live, online video talk show focused on supply chain and logistics topics. I’ll end with this quote by leadership expert Ken Blanchard: “When you stop learning, you stop leading,” which is especially true in supply chain management.

Course 220

How to Use Big Data to Improve Supply Chain Visibility

Talking Logistics

According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it. To gain visibility into your supply chain, there are a few preliminary steps you must consider. There is more to supply chain visibility than a complex set of KPIs.

Post-Pandemic Impermanence and 6 Actions to Take Now!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. 10 Vital Supply Chain Lessons from the Coronavirus Pandemic! For supply chain professionals, supply chains and our underlying assumptions will certainly need to adapt. The Supply Chain Agenda.

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5 Key Factors in Choosing a Supplier CSR Monitoring Solution

EcoVadis

It is no secret that modern supply chains are increasingly exposed to risks that can result in increased operational costs, large losses, and long term damage to your corporate reputation. Predictable risks are still causing significant losses on a daily basis.

Good Safety is Good Business at the LogiChem 2015 Conference

CH Robinson Transportfolio

I always come back from these conferences inspired and fascinated at how diligent chemical supply chain managers must be to mitigate risk and adverse events. The panel touched on the following issues: Supply chain disruptions. Safety and risk go hand in hand.

Your supply chain is costing you money – Reason #8: Keeping supply chain information in silos (and preventing your users from making the best decisions)

Kinaxis

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 Making key decisions by modelling the supply chain in Excel. Reason #5 Not having a supply chain risk management process. Reason #6 Not effectively managing inventory. by John Westerveld.

What Supply Chain Risks are Threatening Your Company?

Enterra Insights

Common sense alone tells you automobile manufacturers face different risks than cosmetics manufacturers. So it comes as no surprise a joint report published by the Cranfield School of Management and Dun & Bradstreet concludes, “There are significant differences across sectors, requiring varying risk management practices across industries.”[1] If you are an upstream supplier or a downstream retailer, different metrics must also be considered.

Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

Professionals in supply chain management use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background.

SCRC Meeting – Tom Linton’s “Supply Chain Eight” and Golden Winged Warblers : Questions Every New CSCO Should Ask Their CEO

NC State SCRC

Our 40 th Bi-Annual Supply Chain Resource Cooperative meeting was a great success, culminating with the student gallery walk, featuring 27 undergraduate and MBA supply chain projects. Evaluate structural changes in your supply base that could reduce risk exposure.

Take Control of Visibility into Your Supply Chain

Material Handling & Logistics

Supply chain visibility starts with the right control tower architecture. After all, how can you run a supply chain without it? Every year good supply chain visibility eludes almost half of the supply chain leaders in our annual KPMG Global Manufacturing Outlook survey.

New online insight hub revealed to increase intelligence resources for supply chain decision makers

EFT

The acquisition combines Reuters’ globally trusted news brand, scale and editorial excellence with eft’s deep expertise in highly specialized events and content production for key decision makers right across the supply chain industry.

The Importance of Supply Chain Resilience

Enterra Insights

You’re probably sick (no pun intended) of reading articles about the Covid-19 pandemic and how it has shocked the international economy and stressed global supply chains. Disruptions caused by the pandemic revealed just how brittle some supply chains can be. businesses have experienced supply chain disruption as a result of the COVID-19 outbreak, according to a survey by the Institute for Supply Management (ISM). supply chains.”[2]

Supply Chain Management:Instance Consolidation Strategy

Infosys Supply Chain Management

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