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Risk Management Can Be a Competitive Advantage, Part One

Enterra Insights

The Mint staff adds, “Supply chain risk is a modern day reality and can emanate from a variety of sources, ranging from natural disasters to government policies and a host of other unforeseen events.”[2] In other words, good risk management can provide a significant competitive advantage for businesses.

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Trends 2024: Risk Management

Enterra Insights

4] Ben Unglesbee, “ Extreme weather is 2024’s top supply chain risk: Everstream ,” Supply Chain Dive, 11 January 2024. [5] 6] Daphne Allen, “ Keep an Eye on These Risks in 2024 ,” Design News, 4 January 2024. [7] 10] Rana Foroohar, “ Year in a word: De-risking ,” Financial Times, 1 January 2024. [11]

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Supply Chain Risk Management with Barry Conlon

The Logistics of Logistics

Barry Conlon and Joe Lynch discuss supply chain risk management, which is exactly what Barry and his team at Overhaul provide to Fortune 100 companies across the world. Overhaul’s technology is an always-on, SaaS solution that enables truly transformational supply chain visibility and risk management.

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Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

In February, Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. The implementation was not trivial.

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How Data Science and Modeling Can Supercharge Your Risk Management

Speaker: Dr. Ken Fordyce, Solutions Director, Supply Chain and Advanced Analytics at Arkieva

Risk management is defined as anticipating and responding to an event not yet part of the plan of record that requires a significant adjustment in your demand-supply network (DSN). COVID-19 has put risk management at the front and center in the supply chain world.

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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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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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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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How a Fortune 500 Company Transformed its Supply Chain Using a Digital Twin-Enabled Control Tower

They needed a solution to help them understand their lack of material availability and which plants and production lines were at risk of shutting down, so they could take corrective actions to mitigate that risk. This case study covers: Customer challenges. Key capabilities. Customer benefits.