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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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Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

This trend is also better known as the evolution of halal or when applied to an organisation: the corporate halal maturity. The answers to these Muslim consumer needs and wants are in the alignment of the corporate halal maturity with these halal market trends and embracing more advanced halal standards by brand owners.

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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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5 Models of AI for Supply Chain Risk Management—And Why They Matter

Resilinc

In this blog, we explore the different types of predictive AI models for supply chain risk management. Currently, Resilinc uses several predictive AI models in tracking purchase orders (POs) and commodities, autonomous mapping, risk-scoring models, and simulators. Welcome to part three of our AI in Supply Chain blog series.

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Ocean Risk Management part 2: Navigating Global Shipping Alliance

The Logistics & Supply Chain Management Society

Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. Additionally, we examine the decision between using a carrier or a Non-Vessel Operating Common Carrier (NVOCC) as a vendor and how this choice can impact risk management.

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It’s Time to Rethink Supply Chain Risk Management

ivalua

Herculean efforts by Procurement and Supply Chain departments to keep supplies flowing have prevented even more extreme disruptions than what we’ve experienced, but have inadvertently created additional risks. . Onshoring suppliers is another recent reactionary trend. Mitigating and Measuring Risk Impact.

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How Risk Management Software is Transforming 3 Industries!

Supply Chain Game Changer

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!