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

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

Exiger Perspectives

APRIL 3, 2023

Why a Supply Chain Risk Management Framework is Needed A supply chain risk management framework is critical for risk identification and effective management of the inherent and imposed risks in today’s business environment.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Supply Chain Design Software Supply Chain Planning Software 52

BlueYonder

OCTOBER 4, 2022

Following on the heels of COVID-19, port closures, labor shortages and geopolitical conflict, climate change-related events are emerging as a significant source of supply chain disruption. Quantifying the Threat With Luminate Risk Manager.

Optimal Sourcing 82

Optimal Sourcing Supply Chain Planning Software Sourcing Modeling 82

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Supply chain data can be challenging to manage due to its unstructured or semi-structured nature and the need to integrate new data sources. Manufacturers, retailers, and logistics organizations can leverage generative AI-powered knowledge management systems to optimize operations and make informed decisions.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Mr. Nelson points out that it is possible for a sourcing problem deep in a supply chain to halt production for BD. BD and its 75,000 employees ship more than 45 billion devices annually to customers in over 190 countries.

Supply Chain Visibility 206

Supply Chain Visibility Supply Chain Software Optimal Sourcing Procurement Solutions 206

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 204

Vendor Strategies Forecasting Long Beach Supply Chain 204

ivalua

FEBRUARY 8, 2023

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Digital transformation will lead to the evolution and digitization of key procurement processes, from source-to-pay.

Manufacturing Procurement 242

Manufacturing Procurement Supply Chain Planning Software Supply Chain Software Optimal Sourcing 242

Supply Chain Shaman

DECEMBER 7, 2023

Source: Supply Chain Insights ASCM defines resilience in the SCM Supply Chain Dictionary as the ability of a supply chain to anticipate, create plans to avoid or mitigate, and to recover from disruptions to supply chain functionality. I am currently doing research on inventory management. Today, this is not the case.

Supply Chain Design Software 293

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 293

Logistics Viewpoints

FEBRUARY 26, 2024

Everything from contrast dye, to tubing, to medical devices with embedded semiconductor chips would suddenly become difficult to source. Cooper University Health Care Selects Interos Over the past 15 years, modern risk management platforms have evolved. A customer of the risk solutions begins by listing key suppliers.

Supply Chain Planning Software 249

Supply Chain Planning Software Supply Chain Software Agile and Lean Supply Chain Pharmaceutical 249

Kinaxis

SEPTEMBER 6, 2016

by Dr. Madhav Durbha Supply chain risks in the spotlight: Effects of Hanjin Shipping filing bankruptcy protection. A few days ago, the world’s seventh largest container shipping company by volume, Hanjin Shipping, filed for bankruptcy protection. According to sources, Stevedores are demanding advance payment in cash.

Supply Chain Planning Software 100

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Shipping 100

Kinaxis

AUGUST 5, 2014

You have a supply chain risk management strategy in place. This key supplier had been identified and sure enough, you have a second source primed and ready to go. We have a problem.” The alternate source uses the same supplier in Taiwan. There is a natural conflict between risk mitigation and supply chain efficiency.

Inventory Reduction 267

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

ShipBob

JULY 28, 2023

But, the fact of the matter is, if you’re transporting products overseas then you need to know how to properly fill out a shipping manifest. The risk of errors and subsequent complications isn’t something you want to be dealing with when you’re trying to grow your business. What is a shipping manifest? The result?

Shipping 52

Shipping Cargo Material Savings Third Party Logistics 52

ivalua

SEPTEMBER 8, 2022

Originally published on Risk Management Monitor. A better way of looking at those relationships is as partnerships—albeit ones that require management and alignment of objectives first and foremost, but ultimately mutually beneficial relationships.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Global 130

Logistics Viewpoints

APRIL 7, 2022

This kind of disruption causes major dislocation in the sources of demand and shifts the centers of gravity for demand, forcing organizations to rethink their supply chain design. Increased shipping lead time: More than 6,000 miles of railroad runs through Russia and connects Eastern China with Western Europe.

Supply Chain Design Software 239

Supply Chain Design Software Supply Chain Planning Software Modeling Supply Chain Software 239

Enterra Insights

FEBRUARY 22, 2024

The world’s oceans have been a vital part of global trade since humans first launched ships from shore. As a result, maritime shipping lies at the very heart of the global logistical system. In this concluding article, I want to discuss how climate change risks are adding to challenges faced by shipping firms and their clients.

Panama 130

Panama Global Supply Chain Planning Software Supply Chain Planning 130

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 375

Supply Chain Planning Software Optimal Sourcing Modeling Forecasting Software 375

Supply Chain Matters

MARCH 27, 2024

A day has passed after a container ship lost power and crashed into a support pylon of Baltimore, Maryland’s Francis Scott Key Bridge in the early morning hours of March 26. Coast Guard authorities are assured that the bridge debris and/or underwater obstacles are sufficiently cleared for cargo ship navigation.

Baltimore 52

Baltimore Supply Chain Design Software Supply Chain Design Supply Chain Software 52

Supply Chain Shaman

JANUARY 31, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). What to do?

Procurement Analytics 217

Procurement Analytics Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies 217

ivalua

JUNE 1, 2022

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Strategic sourcing professionals may end up doing tactical work, as well.

Supply Chain Planning Software 130

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software Manufacturing Procurement 130

Supply Chain Shaman

FEBRUARY 7, 2022

Traditional risk management policy assumes a contraction in growth: the conventional focus is the shutdown and reallocation of supply. Companies that viewed the pandemic as another risk management event will struggle the most with Q1 and Q2 earnings reports. Source E2open Shipping Index). What to do?

Procurement Analytics 195

Procurement Analytics Manufacturing Procurement Sourcing Strategies Optimal Sourcing 195

SCMDOJO

MARCH 19, 2024

Risk Management The department can proactively identify and address potential risks in the supply chain, such as material shortages, natural disasters, or political instability. This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. Grab yours now!

Optimal Sourcing 79

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 79

Enterra Insights

NOVEMBER 22, 2021

”[1] Risk managers have a term for these conditions: VUCA. 2] His warning begs the question: How can supply chain risk managers wake up? Tech writer Vandita Grover observes, “Big-Data and Data Analytics have made a significant contribution to serve the risk management requirements of organizations.”[3]

Supply Chain Planning Software 130

Supply Chain Planning Software Prescriptive Analytics Software Supply Chain Design Software Supply Chain Software 130

Supply Chain Shaman

JUNE 2, 2020

The risk management concern of business leaders in January 2020 was climate action failure. Global Risk Management Report Study of Risks Published in January 2020. Global Risk Management Report Study of Risks Published in January 2020. What was the cost of sales for the products shipped?

Supply Chain Design Software 253

Supply Chain Design Software Supply Chain Planning Software Supply and Demand Supply Chain Design 253

Supply Chain Matters

APRIL 4, 2024

Supply Chain Risk Management Provider Avetta Acquired Stockholm based private equity firm EQT has reportedly agreed to acquire supply chain risk management software technology and managed services provider Avetta from existing private equity owners Welsh, Carson, Anderson & Stowe ( WCAS ).

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 40

SCM Research

JULY 18, 2013

2013), recently published in Ecology Letters, discusses the risk of marine bioinvasion caused by global shipping. The Risk of Marine Bioinvasion Caused by Global Shipping. Practice Theory Article Supply Chain Management Supply Chain Risk Management Supply Chain Sustainability' Seebens, H.,

Supply Chain 165

Supply Chain Modeling Supply Chain Risk Management Forecasting 165

ivalua

MARCH 16, 2021

Procurement teams had to work closely with suppliers to find creative ways to solve problems, and they instantly realized the benefits of transparency in their supply chains and supplier risk management for business continuity in times of crisis. Strategic sourcing professionals may end up doing tactical work, as well.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Software 130

Resilinc

NOVEMBER 14, 2023

Resilinc’s Rick Freeman weighs in on the future opportunities for high-tech and semiconductor companies Despite the stabilization of the high-tech and semiconductor supply chain, the industry still faces pressure due to ongoing import/export restrictions and changing regulations governing semiconductor production and sourcing.

Supply Chain Strategy 58

Supply Chain Strategy Sourcing Strategies Manufacturing Procurement Supply Chain Software 58

Supply Chain Matters

FEBRUARY 14, 2024

Shipping Lines Warn Red Sea Security Continues to Deteriorate Bloomberg reported last week that the CEO’s of two major shipping lines, which being Maersk and Norden, have both of the view that the security threat level of shipping traversing the Red Sea to and from the Suez Canal has continued to escalate. percent to 4.5

Transportation 52

Transportation Supply Chain Planning Software Panama Supply Chain Software 52

Logistics Viewpoints

APRIL 22, 2021

alternate sourcing strategies), while others are potentially negative (e.g. 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. fewer commuting miles driven), some largely neutral (e.g.

Supply Chain Disruption 327

Supply Chain Disruption Supply Chain Planning Software Supply Chain Software Sustainability 327

GlobalTranz

SEPTEMBER 23, 2021

Port backlogs, cargo limitations on container ships, and a lack of available equipment and port facility staffing.? Such congestion naturally leads to bottlenecks in planning drayage and eventual increases in the total cost of shipping, not to mention an added strain on trucking as the bottlenecks grow.? are liable?network

Prescriptive Analytics Software 308

Prescriptive Analytics Software Optimal Sourcing Pricing Training Negotiating Skills 308

Resilinc

OCTOBER 26, 2016

Just over a month ago, Hanjin Shipping Co, the world’s 7 th largest shipping and Logistics Company in the world, filed for receivership on August 31, 2016. Hanjin Shipping Co. bankruptcy caused a major impact not just to logistics and shipping, but to the underpinning global supply chain and its sourcing operations.

Shipping 48

Shipping Supply Chain Sourcing Supply and Demand 48

The Logistics & Supply Chain Management Society

MARCH 22, 2022

The war for talent, has long been fought in Asia, as the region continues to be a power source of global growth, and as a result demand for talent often outstrips supply. He actively drives more effective risk management in the Cold Chain, Supplier Management and digitisation opportunities driving to Industry 4.0

Pharmaceutical 240

Pharmaceutical Supply Chain Planning Software Buyer Training Supply Chain Software 240

Logistics Viewpoints

MARCH 2, 2022

For example, Volkswagen is halting production at two electric vehicle plants in Germany as a result of interruptions of components sourced from Ukraine. International shipping has faired well so far. Russia and Ukraine both provide exports that serve as inputs to many international companies. Beyond Fossil Fuels.

Ukraine 233

Ukraine Russia Supply Chain Sourcing Strategies 233

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. It’s akin to diversifying your investment portfolio.

Supply Chain Risk Management 52

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

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 111

Supply Chain Risk Management Supply Chain Planning Software Risk Management Material Savings 111

Resilinc

NOVEMBER 2, 2021

In the race to fill distribution centers and store shelves with inventory for the holidays, some of the world’s largest retailers and ecommerce sellers are jumping ahead of smaller competitors by chartering ships, shifting freight to air, re-rerouting inland shipments, and hiring more staff for distribution centers and other supply chain nodes.

Inventory Reduction 62

Inventory Reduction Retail Cost Reduction Strategies Resource Reduction 62