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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.
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?
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.
by John Westerveld Reason #5: Not having a supplychainriskmanagement process. 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.
Naturally, to take advantage of this opportunity, you will need a well-functioning supplychain, which you happen to have. But there are some risks. Do you think that your supplychainmanagement is good enough for this market? Without a doubt, managingsupplychain is nothing but easy.
Why can’t we put the same energy that we put into inventing new words, tossing around acronyms, and parading on a stage to advocate for maturity models to improve supplychains? Supplychain concepts follow hype cycles. They both exist in supplychain circles. Do we have the right narrative?
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.
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.
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.
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.
” 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.
Read more The post Some SupplyChain Lessons Are Never Learned appeared first on Talking Logistics with Adrian Gonzalez. The unexpected lack of fasteners marks the sort of test Boeing will face in coming years as.
When a massive disruption such as a global pandemic hits, many businesses realize that their legacy planning solutions are not capable of providing the insights they need to manage such disruptions effectively. Typically, companies face two kinds of risks: Everyday risks and exceptional risks. End-to-end visibility.
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.
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.
As a result, the focus for enterprises has moved from contending between them on conveying better quality products to reforming their respective supplychain networks. Effective supplychain design and management thereof allow companies to become leaner and more productive business operations in a stable climate.
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.
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.
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?
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.
Ted Krantz, CEO of Interos Interos , a company providing supplychain resilience and riskmanagement software, emailed me to say that there was a supplychainrisk everyone seemed to be ignoring – AI-related risks. Interos provides risk scoring across six different types of risks.
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.”
Because of the pandemic, riskmanagement surrounding sourcing has become top of mind. Companies need to ensure they have alternate sources of supply that can ramp up to the volumes needed. The post If Multi-sourcing is a Best Practice, Why Are so Few Companies Doing It?
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. As such SupplyChain senses must always be on high alert!
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.
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.
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.
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?
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.
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
Today we recognize that the supplychain is a source of strategic advantage. In our quest to drive scale and reduce costs, we have architected supplychains spanning the globe. However, as these supplychains become increasingly globalized, they are also more vulnerable to disruption.
inflation rate will go down by itself, because the cause is mostly caused by supplychain issues? Meanwhile, supplychainriskmanagement solutions can be used to monitor the financial health of upstream vendors so that alternative sources of supply can be secured promptly if key vendors are in trouble.
The financial supplychain needs more attention than it usually gets. Traditionally, the focus of supplychainmanagement is on the movement of finished goods and raw materials across the value chain. But companies also need to pay attention to the flow of money.
Supplychainrisk solutions are hot. Exiger’s CEO, Brandon Daniels, told me they were larger than their three largest supplychainrisk competitors combined. Modern supplychainrisk solutions are marvelous pieces of technology. Lately, Exiger has been in the news.
But the topic is also of significance to supplychain practitioners. In fact, supplychains are being impacted directly by the war and by the sanctions being put in place in response. But potential supplychain disruptions go well beyond fossil fuels. It is certainly worthy of our concerns as individuals.
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.
There are numerous indications that supplychain is more critical than ever. Results from The Conference Board’s C-SUITE OUTLOOK survey showed supplychain disruptions, labor shortages, and rising inflation to be 3 of the 5 high impact external factors on the minds of CEOs. More to come!
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.
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.
No matter the focus, whether cost reduction and quality improvement, or supplychain optimization and resilience, procurement must have a concrete role in delivering outcomes that matter to the business. Centralizing data enables better sourcing decisions and improves collaboration across procurement, legal, and business other units.
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.
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