Supply Chain Risk Management: How Supply Chain Technology Aids in Risk Management

Cerasis

All businesses face risks, and your business is only as strong as the weakest link. However, today’s supply chain technology can help manage vendor relationships, improve payment protocols, overcome geographic challenges,read More. Supply Chain Technology supply chain risk management

LTL Shipping Through Proactive Supply Chain Risk Management Software

Cerasis

The topic of supply chain risk management has taken on a new persona as the global supply chain endures the COVID-19 crisis. The post LTL Shipping Through Proactive Supply Chain Risk Management Software appeared first on Transportation Management Company | Cerasis. Risk Management Supply Chain Supply Chain Risk Management software

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Supply Chain Risk Management: Revisiting Ericsson

SCM Research

Norrman & Jansson’s (2004) case study on Ericsson’s supply chain risk management (SCRM) practices is definitely part of the canon of SCM literature. The results can now be found in our new article, The Development of Supply Chain Risk Management over Time: Revisiting Ericsson. The Development of Supply Chain Risk Management over Time: Revisiting Ericsson. International Journal of Physical Distribution & Logistics Management.

Solar Eclipses and Supply Chain Risk Management

Enterra Insights

The post Solar Eclipses and Supply Chain Risk Management appeared first on Enterra Solutions. Business Risk Management Supply Chain Enterra Solutions Stephen DeAngelisToday, much of the United States will experience a total solar eclipse. That hasn’t happened for nearly 100 years. Because … Continued.

Supply chain risk management in 2017

Kinaxis

Interestingly enough, the first episode of Breaking Bad that aired in 2008 reflected what it was like being in supply chain risk management at the time: “Hey, a science teacher is cooking meth, how much worse could it get?”. To avoid the risk of becoming political and losing the focus on supply chain, there’s only one other question to ask: Where else in the world is there political uncertainty? What do you think the next big risk to supply chain will be?

Coronavirus: Supply Chain Risk Management Back in Spotlight

Talking Logistics

Read more Coronavirus: Supply Chain Risk Management Back in Spotlight. The post Coronavirus: Supply Chain Risk Management Back in Spotlight appeared first on Talking Logistics with Adrian Gonzalez. Industry Trends Supply Chain Risk Management coronavirus John J.

Another Way to Think About Supply Chain Risk Management

ToolsGroup

Now we apply this same macro-agility and micro-agility concept to risk management. In the era of the global supply chain, many companies think about risk management in terms of “ macro agility ”—their ability to anticipate the likelihood of, and develop readiness plans for, major crises that impact the chain, like geopolitical instability and extreme weather.

Case Building for Supply Chain Risk Management!

Supply Chain Game Changer

When examining the risks of entering a new market, there are things to look out for that hint towards difficulty. These are a few examples of risks that you may come across. Why are you confident that your supply chain management is good enough? Case Building for Risk Management.

Supplier Risk Management Considerations for the Coronavirus Outbreak

ivalua

This crisis demonstrates the increasingly global nature and complexity of supply chains and the imperative to manage the risk within this complex supply chain. The post Supplier Risk Management Considerations for the Coronavirus Outbreak appeared first on Ivalua.

Building the Business Case for Supply Chain Risk Management

Cerasis

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. Without a doubt, managing supply chain is nothing but easy. WHITE PAPER] The Top Supply Chain Trends that Will Impact Supply Chain Management in 2018.

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. From inventory management to customer shipping, leave nothing to chance when it comes to supply chain risks. Understanding Supplier Risk Management.

Your 3PL as Supply Chain Risk Management Partner?

Talking Logistics

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.”.

Coronavirus Increases Supply Chain Risk Management Priority

Enterra Insights

For years I’ve been writing about the importance of supply chain risk management and how it’s often given short shrift in business discussions. Multi-dimensional risk planning. Today, ears are no longer deaf to the topic of supply chain risk management. ” He recommends supply chain managers take the following three steps: “First and foremost, take care of your people, including employees and customers. Risk management.

Cognitive Computing and Supply Chain Risk Management

Enterra Insights

Bowman, Managing Editor of SupplyChainBrain, wrote about a discussion he had with Yves Leclerc (@wmpyleclerc), managing … Continued The post Cognitive Computing and Supply Chain Risk Management appeared first on Enterra Solutions. Business Risk Management Supply Chain Earlier this year, Robert J.

Best Practices in Supply Chain Risk Management (SCRM)

The Network Effect

The post Best Practices in Supply Chain Risk Management (SCRM) appeared first on The Network Effect. Leadership and Strategy Risk Supply Chain Management insurance risk management supply chain supply chain disruptionby Matt Kunkel, co-founder LogicGate It’s not something we like to think about, but supply chain disruption and disasters are.

Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Kinaxis

states, obvious disruptions to supply chains and supply chain risk management were a given. The post Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster? Supply chain risk managementby Joe Cannata With Hurricane Matthew, the most powerful storm to threaten the Atlantic Coast in over 10 years that has already brought severe damage to Haiti, the Bahamas and several Southeastern U.S.

Three Phases of Supply Chain Risk Management

Enterra Insights

There are a lot a moving parts associated with a good supply chain risk management program. The post Three Phases of Supply Chain Risk Management appeared first on Enterra Solutions. Best Practices Business Cognitive Computing Risk Management Supply Chain Technology Enterra Solutions Stephen DeAngelisFirst and foremost, a … Continued.

Supply Chain Risk Management: You Can’t Outsource Responsibility

Enterra Insights

“There’s a saying,” writes Warrick Beaver (@WarrickBeaver), Managing Director of Customer & Third Party Risk at Thomas Reuters, “that you … Continued. The post Supply Chain Risk Management: You Can’t Outsource Responsibility appeared first on Enterra Solutions. Cognitive Computing Risk Management Supply Chain Enterra Solutions Stephen DeAngelis

Supplier Risk Management: 4 Things To Look Out for During On-Site Evaluations

Cerasis

This post is the second in a series of “How to Spot Supplier Risk.” ” In the process of business procurement and especially in the supply chain, supplier risk management is a skill set that needs focus day in and day out. Enhancing Supplier Risk Management Through On-Site Evaluations. The second article in our series on identifying supplier risk explores what to look for during on-site evaluations.

Supply Chain Risk Resiliency & Risk Management 2019 Best Practices

Resilinc

supply chain risk management SCRM Best Practices supply chain risk crisis management action plan business continuity resiliencyDownload the full 2019 SCRM Process Advisory Whitepaper here.

Logistics & Supply Chain Risk Management: Pivoting to Resiliency with these 3 Simple Processes

Cerasis

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 a result, supply chain entities need to understand how risk management and resiliency applies to both good and bad situations and how an organization can improve supply chain risk management and resiliency processes.

Risk Management in Global Supply Chains

Enterra Insights

Managing day-to-day operations in a global supply chain is no easy task. The post Risk Management in Global Supply Chains appeared first on Enterra Solutions. Big Data Business Cognitive Computing Connectivity Globalization Risk Management Supply ChainThat’s certainly not news for supply chain professionals. … Continued.

Equipping Your Supply Chain Risk Management Kit

Enterra Insights

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 supply chain risk management process.[1] ” It is fair to say that companies using pre-digital age risk management processes may not be taking risk management seriously enough. Digital age risk management tools.

Automotive Supplier Risk Management Actions for Thriving During Recession

Industry Star

Act now to track the right metrics across your tiered supply base to enable proactive supplier risk management to thrive during times of economic volatility. The post Automotive Supplier Risk Management Actions for Thriving During Recession appeared first on IndustryStar Solutions. Supply Chain Risk Management Automotive Coronavirus COVID-19 Recession Risk Management Supplier Assessments Supplier Performance Supplier Risk

Global Supply Chain Risk Management

Enterra Insights

The post Global Supply Chain Risk Management appeared first on Enterra Solutions. Business Cognitive Computing Globalization Risk Management Supply Chain Technology Enterra Solutions Stephen DeAngelis“Resiliency,” writes Aaron Burman, “has become an overused buzzword. Every field seems to have their own need to talk about … Continued.

Climate Change and Supply Chain Risk Management

Enterra Insights

Last year was the … Continued The post Climate Change and Supply Chain Risk Management appeared first on Enterra Solutions. Business Risk Management Supply Chain There is growing concern about the global effects of climate change, even among climate change skeptics.

Taking Supply Chain Risk Management Seriously

Enterra Insights

The post Taking Supply Chain Risk Management Seriously appeared first on Enterra Solutions. Business Risk Management Supply Chain A survey conducted by BSI and the Business Continuity Institute (BCI) found that over a “third (35 percent) of businesses … Continued.

Your supply chain is costing you money – Reason #5 Not having a supply chain risk management process

Kinaxis

by John Westerveld Reason #5: Not having a supply chain risk management process. Insurance is a form of risk mitigation. Yet, a surprising number of companies (while they have traditional insurance) do not have a supply chain risk management “insurance” aka a supply chain risk management process. The insurance covers what could be a million dollar risk, supply chain risk management protects against what could be a MULTI-BILLION dollar risk.

Supply Chain Risk Management in the 21st Century

Enterra Insights

Supply chain risk management is a complicated subject because the number of things potentially affecting operations is almost limitless. The post Supply Chain Risk Management in the 21st Century appeared first on Enterra Solutions. Business Cognitive Computing Risk Management Supply Chain Enterra Solutions Stephen DeAngelis

3 Supply Chain Risk Management Lessons to Use During Coronavirus Crisis

All Things Supply Chain

The coronavirus… General Supply Chain Management coronavirus risk management supply chain lessons supply chain riskSupply chains around the world are struggling as they face major shifts to production, the movement of goods, modes of transport, and the people who keep everything running.

Supply Chain Risk Management and Rocket Science

Logility

I became very familiar with risk management early in my professional career. 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. Each stretching of the envelope generates unique risks. Expansion strategies often inadvertently drive up the complexity and cost of international transportation, which in turn injects a multitude of risks.

WHITE PAPER: Supplier Risk Management

Bristlecone

In our global economy, extreme complexity exists in today’s supplier management function, and there is great risk to supply chain continuity, particularly when little to no visibility exists. What are the financial, geopolitical, IT and supplier capability risks? What can poor supplier management lead to – and how do you prevent it? This white paper answers these questions and outlines strategies for supplier management and risk mitigation.

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. Many Companies Falling Short on Supply Chain Risk Management. In addition, new software applications are also emerging to help companies manage this process.

Supply Chain Risk Management: Dealing with Complexity

Enterra Insights

“The results for Q3 2015 are in on the state of global supply chain risk,” reports Dr. Warwick Knowles, Dun … Continued. The post Supply Chain Risk Management: Dealing with Complexity appeared first on Enterra Solutions. Artificial Intelligence Best Practices Big Data Business Cognitive Computing digital enterprise Risk Management Supply Chain Technology Enterra Solutions Stephen DeAngelis

Limitations of Supply Chain Network Design Tools for Risk Management

River Logic

As supply chains become more intricate, the ability to analyze risk simultaneously becomes more difficult and more important. Risk Analysis Supply Chain Risk ManagementSupply chains continue to increase in complexity as they are leveraged to drive greater value through increased output at lower costs.