GlobalTranz

NOVEMBER 19, 2018

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.

Supply Chain Risk Management 189

Supply Chain Risk Management Risk Management Supply Chain Design Supply Chain Planning 189

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings.

Risk Management 130

Risk Management Negotiating Skills Vendor Strategies Resource Reduction 130

Logistics Viewpoints

MARCH 26, 2025

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.

Supply Chain Planning Software 219

Supply Chain Planning Software Optimal Sourcing Modeling Supply Chain Planning 219

Supply Chain Shaman

APRIL 11, 2014

Yet, in a study that we just completed, when asked about business pain, supply chain risk rates low. Risk management requires a focus on the important. When you talk to supply chain leaders about risk management, their answers tend to be hard-wired for supply. It is new. Companies reward the urgent. New Insights.

Supply and Demand 383

Supply and Demand Supply Chain Design Software Supply Chain Software Risk Management 383

The Logistics & Supply Chain Management Society

JULY 16, 2023

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.

Risk Management 130

Risk Management Global Price Reduction Inventory Reduction 130

ivalua

JUNE 10, 2020

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.

Risk Management 147

Risk Management Optimal Sourcing Manufacturing Procurement Waste Reduction 147

Resilinc

FEBRUARY 5, 2024

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.

Risk Management 129

Risk Management Supply Chain Planning Software Supply Chain Software Supply Chain Strategy 129

Talking Logistics

APRIL 29, 2024

Over the past four years, due in large part to the Covid pandemic, there has been significant discussion about the importance of risk management in logistics and how companies must create more resilient supply chains. We were reminded of this again recently when a cargo ship crashed.

Supply Chain Strategy 281

Supply Chain Strategy Strategy Price Mitigation Strategies Logistics 281

Resilinc

JANUARY 31, 2024

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!

Supply Chain Risk Management 137

Supply Chain Risk Management Supply Chain Planning Software Risk Management Material Savings 137

Kinaxis

AUGUST 5, 2014

You have a supply chain risk management strategy in place. Many companies have accepted the need for Supply Chain Risk Management because they understand that just such a scenario could occur and if they are ready for it but their competitors are not, they have an opportunity to gain market share.

Supply Chain Planning Software 267

Supply Chain Planning Software Inventory Reduction Sourcing Strategies Supply Chain Strategy 267

Enterra Insights

AUGUST 29, 2023

They need to analyze detailed information about the location of suppliers, customers and ship-to points. He concludes, “Ultimately, risk monitoring is only as good as the data that drives it.” 3] Matt Gunn, “ Supply Chain Risks Come from All Sides ,” IndustryWeek, 17 October 2018. [4]

Risk Management 130

Risk Management Waste Reduction Supply Chain Planning Software Cost Reduction Strategies 130

Supply Chain Game Changer

NOVEMBER 2, 2022

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In fact, 89% of businesses encountered a supplier risk event in the last five years. But not all companies are prepared for this level of risk and complexity. That’s where supply chain risk management software comes in. Subscribe Here!

Supply Chain Planning Software 96

Supply Chain Planning Software Risk Management Supply Chain Software Predictive Analytics Software 96

Logistics Viewpoints

NOVEMBER 13, 2024

Investing in autonomous trucks can therefore streamline primary shipping routes, addressing long-term logistics demand. By concentrating on high-volume, regional, or national routes, companies can benefit from automation’s cost-efficiency and scalability.

Logistics Network Optimization Software 299

Logistics Network Optimization Software Supply Chain Design Software Supply Chain Planning Software Supply Chain Network Software 299

Talking Logistics

DECEMBER 3, 2024

That time of year when the industry ships a higher volume of desirable, in-demand goods. Cargo thieves love the holidays. Appliances and furniture, food and beverages, and electronics are hot commodities. Warehouses and distribution centers are top targets.

Freight 189

Freight How To Beverage Supply Chain 189

Logistics Viewpoints

SEPTEMBER 26, 2022

For example, shippers spent much of last year bemoaning soaring ocean shipping rates and ships waiting for days to unload once they reached their destination port. This needs to be done carefully, a company needs to make sure they don’t force their key vendors into bankruptcy.

Vendor Strategies 278

Vendor Strategies Forecasting Long Beach Supply Chain 278

GlobalTranz

JULY 28, 2017

Freight shipping has relied on the same systems for years, ranging from manual entries to a constant struggle in balancing delivery windows with costs. Before these changes can happen, shippers need to understand a few things about LTL shipping challenges and ways Less Than Truckload technology will impact them. Carrier rates may vary.

Supply Chain Software 158

Supply Chain Software Modeling Software Predictive Analytics Software Analytics Software 158

Freightos

MAY 23, 2024

Our other guest, Peter Stallion, Head of Container Futures at Braemar, thinks the pandemic will prove to be the turning point for better container contracts and effective risk management through derivatives, like Forward Freight Agreements (FFAs) based on the Freightos Baltic Index – itself a product of freight rate digitalization.

Innovation 282

Innovation Industry Industrial Logistics Network Optimization Software 282

Talking Logistics

JULY 14, 2014

The botnet then sends the scanner a second piece of malware that targets the victim’s corporate financial, customer, shipping, and manifest information. As I’ve written many times before, when it comes to supply chain risk management, many companies are falling short.

Supply Chain Planning Software 237

Supply Chain Planning Software Supply Chain Planning Supply Chain Strategy Supply Chain 237

Supply Chain Shaman

DECEMBER 7, 2023

I believe that the ASCM definition is too reactive and rooted in the traditional, and outdated concepts on risk management. I am currently doing research on inventory management. Invest in building and refining modeling capabilities for requisite flows for ship building, aircraft refurbishment and armaments.

Supply Chain Design Software 395

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 395

RFgen

DECEMBER 4, 2024

This could involve route optimization, load consolidation, or choosing the most cost-effective shipping methods based on urgency and distance. For example, a long order cycle time might indicate inefficiencies in order processing or shipping. Warehouse utilization rates: This indicates storage space efficiency.

Sourcing Strategies 96

Sourcing Strategies Inventory Reduction Waste Reduction Expense Reduction 96

Supply Chain Shaman

FEBRUARY 18, 2021

While prior risk management disruptions occurred and quickly established a new normal, in the COVID-19 pandemic, the only normal is constant change. More and more cargo shifted to ocean transport until the container imbalances resulted in issues with “rolling the freight” from ship to ship despite confirmed bookings.

Supply Chain Planning Software 355

Supply Chain Planning Software Supply Chain Design Software Supply and Demand Procurement Analytics 355

Kinaxis

AUGUST 18, 2014

Then, they check online for deals and shipping dates. Test scenarios that would optimize inventory costs, postponement options, shipping costs, etc…. So, imagine a customer going to social media and online communities to consider a product. They want to assure the sourcing meets their “sustainable” expectations.

Modeling 263

Modeling Supply Chain Planning Software Supply Chain Strategy Supply Chain Planning 263

GlobalTranz

DECEMBER 30, 2021

With mounting last mile costs, this early May blog post sought to provide shippers with clarity around the growing demand for final mile logistics and keeping costs under control with proactive shipping strategies. #5. 5 Transportation Management Optimization Practices. The State of the Trucking Market in 2021.

Cost Reduction Strategies 239

Cost Reduction Strategies Resource Reduction Supply Chain Planning Software Supply Chain Strategy 239

Supply Chain Shaman

NOVEMBER 15, 2021

Maersk, the world’s largest container shipping company, reported its best quarter in 117 years, posting a $5.9B Ships continue to hold in the west coast harbors of LA and Long Beach, and the west coast warehouses are full. Much of the inventory on the ships at sea will miss the essential seasonal windows.

Supply Chain Design Software 355

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 355

Supply Chain Shaman

JULY 29, 2013

Amazon can now deliver almost every category of item to your home with no shipping cost for Amazon Prime customers. Open Content Research Risk management Sales and Operations Planning Supply Chain Uncategorized Outside-in supply chains' The greatest progress has been made through the introduction of new business models.

Supply Chain Planning Software 350

Supply Chain Planning Software Supply Chain Design Software Modeling Analytics Software 350

My Office Apps

OCTOBER 21, 2024

Managing Multiple Locations Many businesses deal with vendors that have multiple locations. Whether you’re sourcing from different warehouses or shipping to various branches, VRM tools help track and manage vendors across multiple locations.

Vendor Strategies 98

Vendor Strategies Procurement Solutions Supply Chain Planning Software Optimization Software 98

Supply Chain Game Changer

NOVEMBER 21, 2022

The Importance of the International Shipping Industry! As e-commerce has grown in popularity, so has international shipping. Since this new system allows you to buy goods from other countries, you must know all about international shipping, from what to expect when shipping from another country to avoiding fraud.

Shipping 96

Shipping Supply Chain Planning Software Eliminating Excel in Purchasing Supply Chain Planning 96

Supply Chain Shaman

JUNE 24, 2022

Price of Ocean Shipping Business Continuity. At conferences, I hear many discussions about risk management and control towers. Risk management concepts are largely passe, and many control towers are futile attempts in the face of spiraling variability. Commodity scarcity. The future inventory fire sale.

Supply Chain Planning Software 397

Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning Supply Chain Software 397

Supply Chain Shaman

NOVEMBER 15, 2023

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? Which gets me to the question, “What is supply chain management?

Supply Chain Planning Software 418

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 418

GlobalTranz

SEPTEMBER 14, 2017

Therefore, supply chain execs should consider the inherent risk of consumers and suppliers changing their mind in every decision. Failure to do so would result in extreme inaccuracies in inventory management and additional delays throughout shipping processes. Political Risks May Topple Strong Supply Chains.

Supply Chain Planning Software 220

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 220

Resilinc

JANUARY 23, 2025

Incorporating a supply chain risk management program can prevent millions of dollars in losses and backlogs from factory fires. For example, by mapping your supply chain and risk scoring your suppliers, you could flag suppliers that have a higher risk of a plant fire and take preventative measures such as installing sprinklers.

Supply Chain Disruption 116

Supply Chain Disruption Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 116

Logistics Viewpoints

DECEMBER 7, 2023

The threat of a strike from a major shipping carrier in North America, the wage increases that have happened, have rippled on an international basis; all these factors introduce instability into supply chains. Global trade disruptions Trade distribution continues to be impeded.

Supply Chain Design Software 324

Supply Chain Design Software Supply Chain Software Demand Planning Software Analytics Software 324

American Global Logistics

FEBRUARY 15, 2024

By taking a proactive approach to supply chain risk management, your business can protect itself from disruptions and maintain its competitive edge. The shipping environment is prone to disruptions. A robust supply chain risk management plan is essential.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Agile and Lean Supply Chain Supply Chain Planning Software 52

QAD

AUGUST 14, 2024

Understanding S&OP in Risk Management Risk management and mitigation play a crucial role in Sales and Operations Planning (S&OP). In this blog post, we will delve into how S&OP can effectively identify and address risks.

S&OP 52

S&OP Supply and Demand Risk Management Resource Reduction 52

Logistics Viewpoints

APRIL 22, 2021

China increased its lead in global parcel volume in 2019, shipping more than 63 billion parcels last year, representing 26% YoY growth and making up substantially more than half of global parcel volume. This responsibility covers all areas, from IT infrastructure and business operation to corporate reporting and risk management.

Supply Chain Disruption 342

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Sustainability 342

Talking Logistics

SEPTEMBER 18, 2014

According to a July 2014 supply chain research study from Accenture focused on Big Data and supply chain risk management, most organizations have high hopes for using big data analytics in their supply chain but many have had challenges in deploying it. Larry has over 12 years of experience in software and high-tech industries.

Big Data 250

Big Data Supply Chain Design Software Supply Chain Visibility Optimal Sourcing 250

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

By using historical data and external factors, accurate models can optimize supply chain operations, demonstrating the potential of generative AI and encouraging its adoption in other areas such as supply chain visibility, process automation, risk management, and route optimization.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244