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Amazon and the Shift to AI-Driven Supply Chain Planning

Logistics Viewpoints

When unexpected disruptions occura factory shutdown, a shipping delay, or a supply shortagethese models provide little flexibility. A 2023 McKinsey study found that companies relying on reactive supply chain management lose up to 10% of annual revenue due to inefficiencies and missed opportunities.

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Achieving Maturity in Risk Management Takes Years

Logistics Viewpoints

Supply Chain Risk Management Solution from riskmethods. If I was asked to vote for the most interesting solution set that has come to the fore over the last few years, my vote would be for supply chain risk management solutions. Supply Chain Risk Management Vendors. AGCO Stayed Nimble during the Pandemic.

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Building the Business Case for Supply Chain Risk Management

GlobalTranz

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. The same source also informed that the Chartered Institute of Procurement & Supply (CIPS) Risk Index of 2016 was the highest since records have begun in 1995.

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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

Risk Management in Global Ocean Context Feature Article by LSCMS Shippers Council Rates have gone down massively in most trade lanes; congestion has eased, and capacity seems sufficient in most sectors. It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal.

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Be Prepared: Improving Supplier Risk Management In Your Business

ivalua

Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. That’s why companies are always looking for new ways to streamline and increase efficiencies while also mitigating the risk within their supply chain. Understanding Supplier Risk Management.

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Enterprise Risk Management (ERM) Framework for a Stronger Supply Chain

Resilinc

Learn how implementing an Enterprise Risk Management framework can help your company on the journey to operational resilience. Businesses have started to see risk management as a necessary facet of running a successful company. market size for risk management was valued at $0.44 In 2022, the U.S.

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10 Ins and Outs for Supply Chain Risk Management in 2024

Resilinc

Learn the best practices for supply chain risk management in 2024 from Resilinc, the gold standard for supply chain resiliency. As risk managers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supply chain practices. Out with the old and in with the new!