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Resilinc made a powerful impact at ISM World 2025—highlighting how AI-driven foresight and financial risk intelligence can transform reactive supplychains into strategic assets. You can still experience what’s next in supplychain resilience.
In February, Klaus Niebur, the director of global supplychainriskmanagement at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supplychainriskmanagement at ARC Advisory Group’s Digital Transformation in Industry conference.
India’s growth story can continue if it streamlines and effectively manages its supplychain like the iconic dairy brand Amul that recently entered the US market. Amul’s supplychain model is a well-structured and decentralized cooperative framework that focuses on efficiency and farmer welfare.
Procurement and supplychainmanagement are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.
Fragmented systems, rising cost pressures, and shifting risk profiles are making it harder than ever to manageprocurement effectively. But what does it actually take to regain control and build a procurement strategy that’s both resilient and scalable? How do you begin developing a procurement strategy?
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supplychain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
For years, supplychains were engineered to be lean. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed.
Trade policies are constantly evolving, forcing companies to assess how these changes impact customer demand, supply networks, fulfillment strategies, and cost to serve. Supplychains need to be more agile than ever, yet much of the advice circulating in the industry remains high-level or less than ideal.
Why can’t we put the same energy that we put into inventing new words, tossing around acronyms, and parading on a stage to advocate for maturity models to improve supplychains? Supplychain concepts follow hype cycles. They both exist in supplychain circles. Do we have the right narrative?
The toilet paper shortage was one of the COVID era events that taught people what the term “supplychainmanagement” meant. The changes to the profession of supplychainmanagement are dramatic. Firstly, the term “supplychainmanagement” was not in general use before COVID.
” Dragons are a good analogy for the risks faced by supplychains. No one can say for sure what dragons lie ahead in 2025 for supplychains, but some risks are known. The more companies prepare themselves to face those risks the more resilient and successful they become. Cyber Attacks.
Uncover how advanced your agentic AI supplychainriskmanagement strategy truly is—and explore next steps to modernize your approach and stay ahead of disruption. Supplychains are under constant threat—from geopolitical shocks and regulatory crackdowns to climate events and supplier instability.
You have a supplychainriskmanagement strategy in place. A few hours later, your procurement head walks in the office. “We The problem is most companies are relatively immature when it comes to SupplyChainRiskManagement. It’s going to be a crazy, busy day.
How is AI changing supplychainriskmanagement , and what does it mean for the future? These questions were part of a recent discussion featuring Exiger CEO Brandon Daniels about AI impacts on supplychains. Arjun Mehta: How is AI impacting supplychainriskmanagement?
Like every industry Procurement & SupplyChainsoftware vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. Another customer session will come from US health not-for-profit, Baylor Scott & White.
Get the inside scoop on the top supplychain trends shaping 2025direct from the Gartner SupplyChain Symposium/Xpo. Whats next for supplychain leaders? At the Gartner SupplyChain Symposium/Xpo 2025 , one thing was clear: AI is no longer a future visionits a present-day game changer.
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supplychain visibility.
Learn the best practices for supplychainriskmanagement in 2024 from Resilinc, the gold standard for supplychain resiliency. As riskmanagers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supplychain practices.
My recent conversations with the supplychain practitioners are dominated by supplychainrisk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Let us dive deeper into how supplychains are getting disrupted.
I use this example to illustrate the challenges (or, perhaps, the futility) of making supplychain and logistics predictions. So, here is my invented future for 2015, starting with my most audacious prediction: Google will acquire a logistics service provider (3PL) and/or a logistics software vendor. The Google TMS?
Welcome to part three of our AI in SupplyChain blog series. In this blog, we explore the different types of predictive AI models for supplychainriskmanagement. In this blog, we explore the models used in Resilinc’s predictive AI and explain how they help streamline supplychainriskmanagement.
Supplychain disruptions are continuing to occur for a variety of reasons. One issue that does not get talked about as much, however, is supplychain fraud. One issue that does not get talked about as much, however, is supplychain fraud. What exactly do I mean by supplychain fraud?
If you’re a supplychain 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 Supplychainmanagement is risky business — and the risks are growing every day. more often. The same is true for CEOs.
The past few years have highlighted serious deficiencies in prevalent supplychain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supplychain disruptions. Assessing Risk across the SupplyChain.
You might find then find it surprising that a recent survey, conducted by Verdantix, found more than half of the company representatives who responded indicated “they still use a mix of spreadsheets and paper” as part of their supplychainriskmanagement process.[1] Digital age riskmanagementtools.
The Ferrari Consulting and Research Group through its affiliated SupplyChain Matters blog provides perspectives and self-rating observations regarding our January 2024 published Research Advisory- 2024 Predictions for Industry Global SupplyChains. Labor activism in the form of labor contract negotiations among U.S.
Best-in-Class for Healthcare SupplyChainManagement? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts.
Supplychainrisk solutions are hot. Exiger’s CEO, Brandon Daniels, told me they were larger than their three largest supplychainrisk competitors combined. Then in 2019, the newly reorganized Defense Counterintelligence and Security Agency put special emphasis on protecting critical technology.
Supplychainriskmanagement teams know the world is full of challenges and complexity. Trying to prepare for every potential risk to supplychain operations is impossible; nevertheless, some preparation must be made in order to prevent or mitigate significant disruptions to operations.
Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supplychain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. We knew exactly what we couldn’t get.”
Table of Contents Introduction As previously explored, the Digital Operation Resilience Act (DORA) has an exhaustive set of complex requirements that cover information and communication technology (ICT) risks within the financial sector and their critical third-party technology service providers.
SupplyChainRiskManagement 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 supplychainriskmanagement solutions. SupplyChainRiskManagement Vendors.
Table of Contents Introduction You can have the best technology in the world, but it means nothing if you dont have the proper stakeholders. This is a lesson weve learned at Exiger after helping many of the Fortune 500 and government agencies around the world to map, manage, and orchestrate their complex, global supplychains.
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 supplychain hack. In the book — which is based on real-life technology, technical papers, and diplomatic meetings — national security and international relations expert Peter W.
Supplychainriskmanagement (SCRM) is often discussed in terms of prevention, mitigation, and recovery. ” Supplychainriskmanagers undoubtedly agree with that sentiment. Consistency in the supplychain is crucial to a company’s overall performance.”[1]
Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supplychainriskmanagement thanks to Ivalua’s Source-to-Contract (S2C) solution. About Ivalua.
Two recently published studies identify the top disruptions that impacted industry, business and global supplychains during 2024 and our expected to be present in 2025. This data was compiled from Resilincs EventWatchAI , a risk monitoring database provided to customers. economy and for industry supplychains.
The near-infinite processing power Cloud computing provides (along with other technological innovations) will cause everyone in the supplychain and logistics field to unlearn the way we’ve always done things, everything from the way we design software applications to how we design and managesupplychain processes.
Discover the toolsprocurement pros and resiliency program managers use to take on the most complex supplychains. How many countries does it take to make an iPhone? Resilinc’s 24/7 AI-power supplychain monitoring system, EventWatch AI , sends out 450 supplychain disruption alerts on average every week.
We explore the benefits of ERM ( like real ROI and competitive advantage ), as well as the tools you can use to unlock those benefits. Let’s first understand the meaning of “enterprise riskmanagement” and how it relates to supplychainriskmanagement. What is Enterprise RiskManagement?
.” The rules have changed, and the risk increased. For the supplychain leader it is not a game… The stake is business continuity. Gamers do well in the world of supplychain. Designing value networks and managing what-if conditions is fundamental to managingsupplychainrisks.
Learn the supplychainriskmanagement maturity model stages from Supplier RiskManagement to antifragility. The way that businesses talk about (and manage) supplychains is changing rapidly. Supplier RiskManagement What is Supplier RiskManagement (SRM)?
Learn how to secure aerospace and defense supplychain resiliency with five key areas to note in the National Defense Authorization Act (NDAA) for FY 2025. Heres your guide to NDAA for aerospace and defense supply chainsand how Resilincs aerospace and defense supplychainriskmanagement solutions can help you navigate these changes.
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