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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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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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Trends 2024: Risk Management

Enterra Insights

The word de-risking is thus increasingly being used to refer to the ways in which countries and companies are diversifying their supply chains, by sourcing from multiple geographies and companies rather than just one. 6] Daphne Allen, “ Keep an Eye on These Risks in 2024 ,” Design News, 4 January 2024. [7]

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Food Security and National Security

Enterra Insights

” Food Security and National Security The staff at World Atlas note, “The breadbaskets of the world are the regions in the world that produce food, particularly grains to feed their people as well as for export to other places. .” national security are not just measured in missiles, armies and terrorists.

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Supply Chain Risk Management: 7 Challenges Driving Increased Interest in Managed Service

Logistics Viewpoints

Disruption has been the name of the game for more than a year as supply chain leaders have been dealing with changing buyer behaviors, inventory management challenges, labor shortages, weather and pandemic-related uncertainty, cyber security threats and capacity constraints that continue to create significant supply chain volatility.

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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!

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Risk Management Can Be a Competitive Advantage, Part Two

Enterra Insights

Cybersecurity Risks Gary Stevens , an IT specialist, states the obvious, “The best way to preempt a cyberattack is to reduce the risks before the attack occurs. Implement a robust security strategy that will make it difficult for even the most determined hacker to gain access to your supply chain networks and data.”[5]