LTL Shipping Through Proactive Supply Chain Risk Management Software

Cerasis

The topic of supply chain risk management has taken on a new persona as the global supply chain endures the COVID-19 crisis. The post LTL Shipping Through Proactive Supply Chain Risk Management Software appeared first on Transportation Management Company | Cerasis. Risk Management Supply Chain Supply Chain Risk Management software

Supply Chain Risk Management: Revisiting Ericsson

SCM Research

Norrman & Jansson’s (2004) case study on Ericsson’s supply chain risk management (SCRM) practices is definitely part of the canon of SCM literature. The results can now be found in our new article, The Development of Supply Chain Risk Management over Time: Revisiting Ericsson. The Development of Supply Chain Risk Management over Time: Revisiting Ericsson.

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Supply Chain Risk Management: How Supply Chain Technology Aids in Risk Management

Cerasis

All businesses face risks, and your business is only as strong as the weakest link. A failure on the part of any supplier or other supply chain partner could result in cascading problems across your business, and supply chain. However, today’s supply chain technology can help manage vendor relationships, improve payment protocols, overcome geographic challenges,read More. Supply Chain Technology supply chain risk management

Supply chain risk management in 2017

Kinaxis

Working in supply chain is like starring in a Rocky movie. You don’t need to go back any further than a decade to understand the many challenges supply chains have endured over the years. Interestingly enough, the first episode of Breaking Bad that aired in 2008 reflected what it was like being in supply chain risk management at the time: “Hey, a science teacher is cooking meth, how much worse could it get?”. Supply chain risk management

Solar Eclipses and Supply Chain Risk Management

Enterra Insights

The post Solar Eclipses and Supply Chain Risk Management appeared first on Enterra Solutions. Business Risk Management Supply Chain Enterra Solutions Stephen DeAngelisToday, much of the United States will experience a total solar eclipse. That hasn’t happened for nearly 100 years. Because … Continued.

Coronavirus: Supply Chain Risk Management Back in Spotlight

Talking Logistics

The coronavirus, which the World Health Organization (WHO) declared a global health emergency last week, is starting to have an impact on supply chains. Read more Coronavirus: Supply Chain Risk Management Back in Spotlight. The post Coronavirus: Supply Chain Risk Management Back in Spotlight appeared first on Talking Logistics with Adrian Gonzalez. Industry Trends Supply Chain Risk Management coronavirus John J.

Your 3PL as Supply Chain Risk Management Partner?

Talking Logistics

As I discussed last Friday, Accenture published a report recently on supply chain risk management. Seventy-six percent of the companies that participated in the study described supply chain risk management as important or very important, and “of the more than 1000 companies represented across 10 industries, 25 percent plan increased investments of at least 20 percent in supply chain risk management in the next two years.”.

Building the Business Case for Supply Chain Risk Management

Cerasis

Naturally, to take advantage of this opportunity, you will need a well-functioning supply chain, which you happen to have. But there are some risks. Do you think that your supply chain management is good enough for this market? 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. Supply Chain

Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Kinaxis

states, obvious disruptions to supply chains and supply chain risk management were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. The southeast contains a bunch of key ports and supply chain links that were in peril as Matthew approached and eventually passed through them. The human links of the supply chain were stressed.

Coronavirus Increases Supply Chain Risk Management Priority

Enterra Insights

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. Eric Kimberling ( @erickimberling ) an Enterprise Resource Planning expert, writes, “The coronavirus pandemic disrupted supply chains across the globe, and suddenly everyone is paying more attention to what was an overlooked subject just months ago. Multi-dimensional risk planning.

Logistics & Supply Chain Risk Management: Pivoting to Resiliency with these 3 Simple Processes

Cerasis

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. As the supply chain continues to grow in complexity and regulation, the opportunities for problems and other events to impact operations negatively will consequently grow.

Riskmethods Enhances Supply Chain Risk Management Solution with Cybersecurity Insights

Supply Chain Brain

Riskmethods, a supply chain risk management provider, recently announced it has enhanced the riskmethods solution by adding specialized cybersecurity performance information from BitSight

Equipping Your Supply Chain Risk Management Kit

Enterra Insights

You might find then find it surprising that a recent survey, conducted by Verdantix, found more than half of the company representatives who responded indicated “they still use a mix of spreadsheets and paper” as part of their supply chain risk management process.[1] ” It is fair to say that companies using pre-digital age risk management processes may not be taking risk management seriously enough.

Supply Chain Risk Management for Dummies

Supply Chain Brain

Whether financial crisis, natural disaster, cyberattack or, as we have recently witnessed, pandemics, every company in every supply chain is continually faced with threat of disruption. It is often said that a supply chain is only as strong as its weakest link. But in today’s complex global supply networks, how do you find the hidden vulnerabilities – and what can you do to prevent disruption and lessen any impacts?

Cognitive Computing and Supply Chain Risk Management

Enterra Insights

Bowman, Managing Editor of SupplyChainBrain, wrote about a discussion he had with Yves Leclerc (@wmpyleclerc), managing … Continued The post Cognitive Computing and Supply Chain Risk Management appeared first on Enterra Solutions. Business Risk Management Supply Chain Earlier this year, Robert J.

Time to Survive and Nexus Supplier Index: New Measures of Supply Chain Risk Management

Talking Logistics

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. Do You Have a “Top 25″ Supply Chain? Why Supply Chain Mapping Matters. Many Companies Falling Short on Supply Chain Risk Management.

Chipotle: The Latest Example of Why Supply Chain Risk Management Matters

Talking Logistics

Why is supply chain risk management important? A key priority for Chipotle moving forward has to be improving its supply chain visibility, which based on comments reported in the Wall Street Journal last week , appears to have some blind spots. Another priority for Chipotle has to be improving its supply chain risk management capabilities, which is one of six fundamental disciplines for achieving supply chain excellence.

Your supply chain is costing you money – Reason #5 Not having a supply chain risk management process

Kinaxis

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. Reason #3 Not having end-to-end supply chain visibility. Reason #4 Your supply chain is costing you money – Reason #4 Making key decisions by modelling the supply chain in Excel.

Supply Chain Risk Management and Rocket Science

Logility

I became very familiar with risk management early in my professional career. Supply chain professionals have to push the envelope on processes and procedures every day to gain incremental improvements in customer service, costs and efficiencies. As in the aerospace industry, pushing the supply chain envelope involves increased risks that need to be analyzed and mitigated, if possible, or at least planned for.

Three Phases of Supply Chain Risk Management

Enterra Insights

There are a lot a moving parts associated with a good supply chain risk management program. The post Three Phases of Supply Chain Risk Management appeared first on Enterra Solutions. Best Practices Business Cognitive Computing Risk Management Supply Chain Technology Enterra Solutions Stephen DeAngelisFirst and foremost, a … Continued.

Best Practices in Supply Chain Risk Management (SCRM)

The Network Effect

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. Leadership and Strategy Risk Supply Chain Management insurance risk management supply chain supply chain disruption

Case Building for Supply Chain Risk Management!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. An effective supply chain is the ironic link that every business requires to join together a well-developed product and the market. When examining the risks of entering a new market, there are things to look out for that hint towards difficulty. These are a few examples of risks that you may come across. Why are you confident that your supply chain management is good enough? Subscribe Here!

Supply Chain Risk Management: You Can’t Outsource Responsibility

Enterra Insights

“There’s a saying,” writes Warrick Beaver (@WarrickBeaver), Managing Director of Customer & Third Party Risk at Thomas Reuters, “that you … Continued. The post Supply Chain Risk Management: You Can’t Outsource Responsibility appeared first on Enterra Solutions. Cognitive Computing Risk Management Supply Chain Enterra Solutions Stephen DeAngelis

Visibility is Essential for Supply Chain Risk Management

Enterra Insights

Supply chains are driven by data,” writes Susan Fourtané (@SusanFourtane). The post Visibility is Essential for Supply Chain Risk Management appeared first on Enterra Solutions. Artificial Intelligence Big Data Business Cognitive Computing Digital Supply Chain Risk Management Supply Chain digital supply chain Stephen DeAngelis

Reactive Supply Chain Risk Management is No Longer Viable

Material Handling and Logistics

New survey finds that only 27% of companies have structured, quantitative assessment of financial impact related to supply chains. To determine how well procurement teams today are balancing cost savings vs risk management to drive growth and to better understand how the role of procurement has changed in our modern business landscape, riskemthods conducted a survey.

Global Supply Chain Risk Management

Enterra Insights

The post Global Supply Chain Risk Management appeared first on Enterra Solutions. Business Cognitive Computing Globalization Risk Management Supply Chain Technology Enterra Solutions Stephen DeAngelis“Resiliency,” writes Aaron Burman, “has become an overused buzzword. Every field seems to have their own need to talk about … Continued.

Supply Chain Risk Management Forum 2016

Supply Chain Movement

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. Attendees will hear how companies are using their SCRM as a tool to improve organizational performance, avoid disruptions, minimise risk exposure and increase ROI.

R Score and its Impact on Supply Chain Risk Management

Resilinc

Musings on a Metric: Supply Chain Risk Management with R Score. supply chain risk management r-score

Massive Ransomware Attack Requires Supply Chain Risk Manager's Attention

Resilinc

Last week’s Ransomware attack that impacted more than 300,000 computers in 150 countries, crippling industries in Europe, Asia and South America, should have caught the attention of supply chain risk managers. supply chain visibility supply chain resiliency supply chain risk management proactive risk mitigation impact ransomware aftermath implications action plan

Cognitive Computing for Supply Chain Risk Management

Elementum

Risk management is important in a company. A company cannot possibly define its goals for the future without first analyzing and identifying possible risks, challenges, or disasters it may encounter. 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.

Next Generation Supply Chain Risk Management: A Case Study

Logistics Viewpoints

We are entering an era where it is becoming possible to detect supply chain risks much more quickly. 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 […]. Supply Chain Risk Management Procurement/Sourcing Supply Chain Visibility supply chain sourcing Risk AGCO

Climate Change and Supply Chain Risk Management

Enterra Insights

Last year was the … Continued The post Climate Change and Supply Chain Risk Management appeared first on Enterra Solutions. Business Risk Management Supply Chain There is growing concern about the global effects of climate change, even among climate change skeptics.

Taking Supply Chain Risk Management Seriously

Enterra Insights

The post Taking Supply Chain Risk Management Seriously appeared first on Enterra Solutions. Business Risk Management Supply Chain A survey conducted by BSI and the Business Continuity Institute (BCI) found that over a “third (35 percent) of businesses … Continued.

ON Semiconductor’s Supply Chain Risk Management Program is a Competitive Weopon

Logistics Viewpoints

I talked to Brent Wilson, SVP of Global Supply Chain Operations at ON Semiconductor, about their supply chain risk management program. The public company, headquartered in Phoenix, has a truly global supply chain with over 90 locations globally. High Tech & Electronics Industry Supply Chain Risk Management ON Semiconductor Risk supply chain

Supply Chain Risk Management: Visibility is the Key

Talking Logistics

I like to say that supply chain management is synonymous with risk management, and the risks are growing every day, everything from natural disasters to cyberattacks. Unfortunately, many companies are falling short in managing these risks effectively. Many companies do not recognize the risks they’re facing mainly because things have only gone wrong in a small way, in a way that they could manage [quickly and easily] and it’s no big deal.