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Resilinc made a powerful impact at ISM World 2025—highlighting how AI-driven foresight and financial risk intelligence can transform reactive supplychains into strategic assets. Both scenarios carry hidden dependencies, but overreliance on single or sole sourcing is increasingly a hidden challenge.
In February, Klaus Niebur, the director of global supplychainriskmanagement at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supplychainriskmanagement at ARC Advisory Group’s Digital Transformation in Industry conference.
India’s growth story can continue if it streamlines and effectively manages its supplychain like the iconic dairy brand Amul that recently entered the US market. Amul’s supplychain model is a well-structured and decentralized cooperative framework that focuses on efficiency and farmer welfare.
Trade policies are constantly evolving, forcing companies to assess how these changes impact customer demand, supply networks, fulfillment strategies, and cost to serve. Supplychains need to be more agile than ever, yet much of the advice circulating in the industry remains high-level or less than ideal.
For years, supplychains were engineered to be lean. Reducing cost was the primary objective, and most operational decisionsfrom sourcing to fulfillmentreflected that mindset. Recent years have brought a series of disruptions that exposed vulnerabilities in how supplychains are designed.
Disruption has been the name of the game for more than a year as supplychain 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 supplychain volatility.
states, obvious disruptions to supplychains and supplychainriskmanagement were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. The human links of the supplychain were stressed. The theme here?
Harvard Business Review recently published an article, “ To Build Resilience, CEOs Need to Become Supply-Chain Experts ”. In this article, we wanted to discuss one aspect of supplychain that is often not given enough attention – building strategic relationships and shared value with direct spend suppliers.
Procurement and supplychainmanagement are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. In this blog, we cover the key differences between procurement and supplychainmanagement, and explain where the biggest disconnects typically occur.
Ted Krantz, CEO of Interos Interos , a company providing supplychain resilience and riskmanagementsoftware, emailed me to say that there was a supplychainrisk everyone seemed to be ignoring – AI-related risks. It is well known that ChatGPT can hallucinate.
The toilet paper shortage was one of the COVID era events that taught people what the term “supplychainmanagement” meant. The changes to the profession of supplychainmanagement are dramatic. Firstly, the term “supplychainmanagement” was not in general use before COVID.
From our CEO’s powerful speaking session, to demos at our booth of our AI agents for tariff disruption and more, the Resilinc team showcased the power of Agentic AI for supplychainrisk at Reuters SupplyChain USA 2025. Key takeaways from Reuters SupplyChain USA 2025 1.
You have a supplychainriskmanagement 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. When you get to work, you get your team working on this issue.
” Dragons are a good analogy for the risks faced by supplychains. No one can say for sure what dragons lie ahead in 2025 for supplychains, but some risks are known. The more companies prepare themselves to face those risks the more resilient and successful they become. Cyber Attacks.
Discover the top supplychain disruptions of 2024 and other significant supplychain trends from Resilincs exclusive data. The supplychain landscape in 2024 was characterized by significant transformations and challenges, with resiliency as a key theme across all industries.
According to a July 2014 supplychain research study from Accenture focused on Big Data and supplychainriskmanagement, most organizations have high hopes for using big data analytics in their supplychain but many have had challenges in deploying it.
My recent conversations with the supplychain practitioners are dominated by supplychainrisk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Let us dive deeper into how supplychains are getting disrupted.
Get the inside scoop on the top supplychain trends shaping 2025direct from the Gartner SupplyChain Symposium/Xpo. Whats next for supplychain leaders? At the Gartner SupplyChain Symposium/Xpo 2025 , one thing was clear: AI is no longer a future visionits a present-day game changer.
How is AI changing supplychainriskmanagement , and what does it mean for the future? These questions were part of a recent discussion featuring Exiger CEO Brandon Daniels about AI impacts on supplychains. Arjun Mehta: How is AI impacting supplychainriskmanagement?
One promising application that is emerging in the SupplyChain and Sustainability space is Digital Product Passports (DPPs). Blockchain can serve as the backbone for tracking and managing product information throughout its entire lifecycle. Driven by regulations and a thirst for data transparency.
Executive Summary Gain SupplyChain Visibility and Eliminate Modern Slavery Risks As global regulations on modern slavery grow stricter, multinational corporations face increased pressure to ensure transparency and compliance in their supplychains. Yet, achieving compliance is no simple task.
Learn the best practices for supplychainriskmanagement in 2024 from Resilinc, the gold standard for supplychain resiliency. As riskmanagers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supplychain practices.
In February 2023 I wrote the article What Does 2023 Have In-Store for Global SupplyChains? It introduced the survey we had just launched to determine the perceptions, priorities, and strategic initiatives of today’s supplychain and logistics executives. Meanwhile, labor constraints are as binding as ever.
Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). I use this example to illustrate the challenges (or, perhaps, the futility) of making supplychain and logistics predictions. 2015 is less than three weeks away, and a barrel of Brent crude oil is $65.70 Do Facebook and Twitter Need a Logistics Strategy?
Welcome to part three of our AI in SupplyChain blog series. In this blog, we explore the different types of predictive AI models for supplychainriskmanagement. In this blog, we explore the models used in Resilinc’s predictive AI and explain how they help streamline supplychainriskmanagement.
Supplychainriskmanagers have a dilemma. Journalist Thor Benson reports that tuning out bad news might be good for their mental health; however, riskmanagers know tuning out bad news wouldn’t be good for business. The Economist notes that technology can also be disruptive.
When it comes to supplychainriskmanagement, however, vigilance is always required. The SupplyChain Quarterly reminds us, “Supplychain challenges aren’t over yet.”[1] SAP researchers said the move to a ‘just in case’ supplychain will lead to higher costs.”
Supplychainrisk solutions are hot. Exiger’s CEO, Brandon Daniels, told me they were larger than their three largest supplychainrisk competitors combined. Then in 2019, the newly reorganized Defense Counterintelligence and Security Agency put special emphasis on protecting critical technology.
Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building SupplyChain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supplychain visibility.
A large multinational is undergoing an impressive supplychain transformation that will run through 2023. A Complex SupplyChain. Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supplychain. But even multi-sourcing is not enough.
Digital Twin from Infor Nexus Drives SupplyChain Agility. When it comes to driving supplychain agility there are several solutions that are important, but the key solution is a Multi-enterprise SupplyChain Network (MSCN). But even in more normal times, a supply plan usually can’t be fully executed.
by CJ Wehlage What would you say is the next great disruption coming to our supplychain world? However, there’s one great disruption already occurring, which has yet to truly “touch” supplychain. As a supplychain practitioner, do you notice something missing? Where is the supplychain nodes?
Professionals in supplychainmanagement use various methods to identify best practices to improve the operations. Analysis of case study is certainly one of the most popular methods for people from business management background. SupplyChain of fashion industry involves a time based competition.
Do you ever get confused when people use the terms supplychainriskmanagement (SCRM) and supplychain resilience? It’s common to hear industry practitioners, stakeholders, solution providers, and analysts use these terms interchangeably; for example, an SCRM program and a supplychain resilience program.
The Ferrari Consulting and Research Group through its affiliated SupplyChain Matters blog provides perspectives and self-rating observations regarding our January 2024 published Research Advisory- 2024 Predictions for Industry Global SupplyChains. Labor activism in the form of labor contract negotiations among U.S.
Best-in-Class for Healthcare SupplyChainManagement? Are ERP systems better than best-in-class supplychain solutions for managing healthcare supplychains? That’s the question we set out to answer in our recent panel discussion with Procurement and SupplyChain experts.
The past few years have highlighted serious deficiencies in prevalent supplychain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supplychain disruptions. Assessing Risk across the SupplyChain.
Cooper University Health Care Relies Upon Real-time Alerts to Improve Operations Cooper University Health Care, like most companies, struggled with their supplychain during COVID. The company bought a risk solution that provides real-time alerts to potential supply disruptions. We knew exactly what we couldn’t get.”
I like to say that supplychainmanagement is synonymous with riskmanagement, and the risks are growing every day, everything from natural disasters to cyberattacks. Unfortunately, many companies are falling short in managing these risks effectively. In what ways are they falling short? “I
When referring to supplychain resilience, the causes of disruption vary widely in scale and emphasize the unpredictability and severity of the events. Some of the strategies companies use to minimize the impacts of hurricanes and floods on their supplychain can be applied to transportation disruptions as well.
Discover how Resilincs agentic supplychainriskmanagement is transforming disruption response with AI-powered supplychainrisk solutions built for speed, scale, and compliance. What modern supplychains need isnt just more datathey need intelligent action.
This posting is the third installment in our ongoing supplychaintechnology market education series. In Part One of the series , Michael observed that standard sourcing solutions struggle in efforts to support direct materials sourcing because of specific challenges in the software design and why.
by John Westerveld Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Reason #3 Not having end-to-end supplychain visibility. Reason #4 Making key decisions by modelling the supplychain in Excel.
Amid todays unpredictable environment, supplychainriskmanagement has taken center stage for most product companies striving to maintain resilience and efficiency. Geopolitical tensions, tariffs, inflation, and labor shortages have heightened risk exposure, significantly impacting business performance.
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