Supply Chain Brain

FEBRUARY 10, 2023

And as waves of disruption continue to crash down on supply chains, supply chain risk management has never been more important. Disruption has become a constant.

Supply Chain Risk Management 52

Supply Chain Risk Management Risk Management Gartner Supply Chain Strategy 52

Talking Logistics

JUNE 30, 2014

As I discussed last Friday, Accenture published a report recently on supply chain risk management. The chart below from the Accenture report highlights the different approaches companies are taking to supply chain risk management. The post Your 3PL as Supply Chain Risk Management Partner?

Supply Chain Risk Management 206

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Resilinc

SEPTEMBER 24, 2023

However, as we learn more about how disruptions impact supply chains, it is time for companies and supply chain managers to reconsider the traditional view of black swan events. What are Black Swan Events in Risk Management? with proactive strategies prioritized by value-at-risk.

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Enterra Insights

JUNE 9, 2020

For years I’ve been writing about the importance of supply chain risk management and how it’s often given short shrift in business discussions. Patrick Van Hull ( @PatrickVanHull1 ), a thought leader in the Kinaxis Strategy Office, points out, “In July 2005, epidemiologist Dr. Michael T.

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Supply Chain Brain

OCTOBER 19, 2022

Where OEMs in the past could concentrate on securing supply of expensive components, now they have to think about everything that goes into production, including raw materials, too.

Expense Reduction 106

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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

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Talking Logistics

DECEMBER 18, 2023

Read more The post 3 Strategies for Shippers to Combat Rising Freight Fraud appeared first on Talking Logistics with Adrian Gonzalez. In logistics, those vulnerabilities are particularly glaring given how quickly the industry had to transition to online processes. Fraudsters have adapted their tactics to take.

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Kinaxis

OCTOBER 1, 2014

by John Westerveld Reason #5: Not having a supply chain risk management process. Over the years, working for and with numerous manufacturing companies, I’ve seen many supply chain practices that cost companies money. Supply chain risk management is like insurance.

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ivalua

NOVEMBER 26, 2020

Supply Chain Strategies: What the Pandemic Has Taught Us So Far? Many nations are now facing the prospect of new lockdowns which will undoubtedly further impact global supply chains. . Supply Chain Risk Management on the World Stage – Lessons Learned.

Sourcing Strategies 264

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Supply Chain Game Changer

FEBRUARY 5, 2020

Procurement teams are combating complexity in multiple dimensions, one of which is a digital complexity; figuring out how in the world they’re going to leverage data , digital platforms, and emerging technologies to become more intelligent — more data-driven — in their strategies and operations. AI + Data = Supply Chain Risk Management.

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Enterra Insights

OCTOBER 10, 2018

.” Aside from national security implications, the main lesson to be learned here is how vulnerable companies are to risks associated with their supply chains. Smith insists, “The business case for supply chain risk management investment needs to be made convincingly and robustly to justify investment.”

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Supply Chain Brain

FEBRUARY 14, 2024

How do supply chain risk managers balance cost and finite resources against growing risk loads? Expert Risk Management Strategies give you insights into the tactics and tools used by industry experts to manage and minimize exposure to cost of disruption.

Resource Reduction 59

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The Network Effect

JANUARY 13, 2017

by Matt Kunkel, co-founder LogicGate It’s not something we like to think about, but supply chain disruption and disasters are. The post Best Practices in Supply Chain Risk Management (SCRM) appeared first on The Network Effect.

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Resilinc

FEBRUARY 22, 2021

A common challenge for procurement and supply chain professionals is obtaining support from C-level leaders to invest in a robust supply chain risk management (SCRM) program. And that means building the business case for category managers, functional units and especially C-level leaders.

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GlobalTranz

FEBRUARY 23, 2016

Supply chain risk management and resiliency are hot-button topics in the industry. However, minute supply chain entities do not understand how resilience relates to risk management and what it means for improving focus on the supply chain. Role of Supply Chain Risk Management.

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Supply Chain Movement

MARCH 16, 2016

Supply Chain Risk Management Forum. URL: www.bisgrp.com/portfolio/conferences/other/supply-chain-risk-management-forum. Optimizing Supply Chain Operations while Minimizing Vulnerability and Achieving Resilience through Supply Chain Visibility.

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ThroughPut

OCTOBER 1, 2020

A recent study by Deloitte revealed that almost 85% of surveyed global supply chains had experienced at least one disruption in the past 12 months. What is Supply Chain Risk Management? The Supply Chain Risk Management Lifecycle.

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Talking Logistics

JUNE 10, 2015

Over the past two years, I’ve written extensively about the growing importance of supply chain risk management and supply chain mapping. See for example: Rethinking Supply Chain Risk Management. Doing Nothing on Supply Chain Risk Management.

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Talking Logistics

JULY 13, 2017

Unfortunately, many companies are falling short in managing these risks effectively. I think it’s in failing to have a supply chain risk strategy,” said Phil Lavin, Development Consultant IT at Siemens Postal Parcel & Airport Logistics, in a recent episode of Talking Logistics.

Supply Chain Risk Management 101

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Turvo

JUNE 3, 2020

Global supply chain risk management continues to evolve and embodies a consideration of possibilities and outcomes by supply chain executives totaling in the millions. That’s where the crossroads of a tech-driven approach to solving the challenges of supply chain risk management lie.

Supply Chain Planning Software 54

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Elementum

MAY 10, 2017

By executing a risk management plan, a company can assess potential critical risk that needs to be prioritized before they could cause adverse impacts on their interests. Effective risk management strategies empower companies to reduce supply chain risks and maximize profit at the same time.

Risk Management 109

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Logistics Viewpoints

DECEMBER 16, 2015

In a discussion with AGCO’s Jan Theissen, Director of Strategy and Methods, and Jake Stone, Manager of Supply Chain Risk and Contract Management, I learned about this public, Atlanta headquartered corporation’s […]. A case in point is offered by AGCO.

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Resilinc

FEBRUARY 20, 2024

Learn how Resilinc is using predictive AI and generative AI to innovate supply chain risk management. In part one of our AI in supply chain blog series, “ How is AI Revolutionizing Supply Chain Risk Management?”, What is Predictive AI? How Does Resilinc Use Predictive AI?

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Logistics Viewpoints

OCTOBER 3, 2022

Thirdly, all the COVID supply disruptions brought home the need for better supply chain risk management. Risk management had been a hard sale. Companies typically embrace improved supply chain risk management after a disaster – after the horse had already fled the burning barn.

Agile and Lean Supply Chain 287

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Resilinc

FEBRUARY 5, 2024

market size for risk management was valued at $0.44 Incorporating Enterprise Risk Management (ERM) into your overall business strategy is now more important than ever in 2024. In this blog, we break down the basics of enterprise risk management. What is Enterprise Risk Management?

Risk Management 98

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Supply Chain Brain

OCTOBER 22, 2020

Yossi Sheffi, Elisha Gray II Professor of Engineering Systems & Director of the MIT Center for Transportation and Logistics, discusses his new book, The New (Ab)Normal: Reshaping Business and Supply Chain Strategy Beyond Covid-19.

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Supply Chain Matters

JULY 15, 2022

This week, the company announced a reversal in manufacturing and supply chain strategy, as well as a major turnabout. Supply chain strategy, process, talent and enabling technologies each play important roles. Change of Leadership and Overall Business Strategy.

Sourcing Strategies 105

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Supply Chain Brain

JANUARY 1, 2021

The coronavirus pandemic has had a huge impact on global risk-management strategies. Many companies learned in 2020 that their supply chains weren’t prepared for a disruption of such massive scale. Now, they’re determined not to get caught short again.

Risk Management 59

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Supply Chain Brain

NOVEMBER 17, 2020

Bill DeMartino, managing director for the Americas with Riskmethods, discusses how the coronavirus pandemic is impacting risk-management strategies, and whether companies were ready for the disruption that it has caused.

Risk Management 56

Risk Management Supply Chain Risk Management Supply Chain Strategy America 56

SupplyOn

JULY 13, 2020

A holistic supply chain risk management helps to better brace yourself for all the eventualities of the future The current coronavirus crisis clearly shows how vulnerable and susceptible to disruption supply chains are today. In this context, supply chain risk management plays a major role.

Supply Chain Risk Management 40

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Supply Chain 24/7

FEBRUARY 4, 2019

For many organizations, globalization, outsourcing, and extended supply chains are effective strategies to increase efficiency and achieve economies of scale, however, these benefits are accompanied by the significantly increased risk to quality, safety, business continuity, reputation, and more.

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Supply Chain Matters

JULY 18, 2023

based companies had indicated in survey data and in concerted actions that termed China Plus sourcing strategies that either explored alternative, nearshoring, or reshoring efforts were being undertaken. Last month we made reference to a published report by The Wall Street Jour nal: As China Risks Grow, Manufacturers Seek Plan B and C and D.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Manufacturing Procurement Supply Chain Strategy 52

MIT Supply Chain

DECEMBER 29, 2016

Companies have come a long way in their ability to manage supply chain risk, but they urgently need to step-up their efforts in one key area: the threats posed by water scarcity. The Carbon Disclosure Project’s (CDP) 2016 Annual Report of Corporate Water Disclosure, published in November 2016, provides a wake-up call.

Supply Chain Risk Management 49

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Supply Chain Brain

MARCH 6, 2023

It’s crucial that companies implement a comprehensive supply chain risk-management strategy. Yet many continue to fall short in this effort.

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Logistics Viewpoints

SEPTEMBER 7, 2022

Ever since COVID hit, supply chain executives have embraced supply chain risk management. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. Supply Chain Chaos is the New Norm. Chasing N-Tier Visibility.

Supply Chain Visibility 206

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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.

Inventory Reduction 267

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Resilinc

MARCH 20, 2024

As we move into 2024, technology is now more critical than ever in the world of supply chain risk management and in the business world. We harness the power of data to help our customers solve their supply chain problems. Resilinc: Why is technology so integral to supply chain risk management?

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