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: 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

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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

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.”.

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.

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.

Watch: Supply-Chain Risk Management in the New (Ab)normal

Supply Chain Brain

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

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.

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!

3 Supply Chain Risk Management Lessons to Use During Coronavirus Crisis

All Things Supply Chain

Supply chains around the world are struggling as they face major shifts to production, the movement of goods, modes of transport, and the people who keep everything running. The coronavirus… General Supply Chain Management coronavirus risk management supply chain lessons supply chain risk

Supply Chain Risk Management Highlighted by a Tiny Computer Chip

Enterra Insights

Jason Koebler and Joseph Cox explain, “In the 2015 novel Ghost Fleet , the spark that starts World War III is not a nuclear bomb, but a supply chain hack. ” Aside from national security implications, the main lesson to be learned here is how vulnerable companies are to risks associated with their supply chains. ” He also acknowledges that under-investment in supply chain risk management is understandable.

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Is Your Supply Chain Ready To Recover? In thinking about the show and its construct I thought about the incredible amount of risk that the performers and producers are managing. These world class performers have astonishing talent but they are also working in an environment designed to eliminate risk and maximize safety. While most jobs are not life threatening the level of risk is still prevalent.

Supply Chain Risk Management – far more than just getting out of the current crisis

SupplyOn

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. Essentially, it is a matter of finding answers to the following questions: What risks is my supply chain exposed to?

Budget Planning 2021: 5 Supply Chain Recommendations

Talking Logistics

The effects of COVID-19 on North American business are creating supply chain challenges into the second half of 2020. Read more Budget Planning 2021: 5 Supply Chain Recommendations.

6 Supply Chain Disciplines to Enable Profitable Growth

Talking Logistics

How can supply chain management enable profitable growth? Getting to the answer requires retailers to take a broader, more strategic perspective of supply chain management, one that goes beyond defining supply chain excellence only in terms of cost reduction and control. Below is an excerpt from the section on Supply Chain Visibility. — Supply Chain Visibility.

Supply Chain Risk Management: It’s Time to Update Your Contingency Plan

AFFLINK

In a lot of ways, a supply chain is almost like a living, breathing entity - something that negatively affects one area of the chain will absolutely create a ripple effect in other areas. For supply chains in particular, it means suppliers scrambling to find viable last minute routes. While this does present a challenge today, that risk isn't eliminated as soon as the storm itself is over - far from it. What effect does that have on the rest of the chain?

Balancing Efficiency and Resilience in Multimodal Supply Chains

SCM Research

In his new report, titled Balancing Efficiency and Resilience in Multimodal Supply Chains , McKinnon (2018) writes: “Over the past twenty years, supply chain resilience has become a hot topic in industrial, government and academic circles – for good reason. A call for papers deals with supply chain resilience. Balancing Efficiency and Resilience in Multimodal Supply Chains.

Coronavirus Creates Opportunity for Healthy Supply Chain Correction

Talking Logistics

Alongside that is the incredibly difficult task of measuring supply chain effects throughout the rest of the year. Read more Coronavirus Creates Opportunity for Healthy Supply Chain Correction. The post Coronavirus Creates Opportunity for Healthy Supply Chain Correction appeared first on Talking Logistics with Adrian Gonzalez. Every day, the COVID-19 situation continues to evolve.

3 Ways Crowdsourcing Is Revolutionizing Supply Chain Management

Kinaxis

Here are three ways that crowdsourcing is revolutionizing supply chain management today—and in the future. Amazon consistently ranks on or near the top of lists touting the best supply chains—and for good reason. Amazon’s achievements in supply chain management have led consumers to establish an incredibly high bar for timely and accurate product delivery. Crowdsourcing supports risk management strategies.

From Hurricanes to Overthrown Governments to Potholes: Transportation and Supply Chain Resilience

Talking Logistics

When referring to supply chain resilience, the causes of disruption vary widely in scale and emphasize the unpredictability and severity of the events. We know transportation plays an important role in the supply chain – it’s the line in a flow diagram between the little buildings and smoke stacks – and transportation disruptions happen on a daily basis.

Do your supply chain challenges have you feeling a little snowed under?

Kinaxis

by Andrew Dunbar The first day of spring is less than a week away but the Canadian winter is still wreaking havoc on local supply chains. While it would be convenient to blame this on Nova Scotia’s unforgiving winter weather, the root cause of this delay is really a supply chain planning issue. Though complex, it’s not that different in nature than the basic supply chain problems we face in other industries on a daily basis.

Can One Broken Bridge Cripple Your Supply Chain?

Kinaxis

While one lane of the bridge has since re-opened , allowing at least a trickle of traffic to flow across, larger transport vehicles are still being detoured, and the cost to the businesses impacted by this logistics nightmare is mounting. I’d add it’s yet another reminder to businesses to make sure their supply chains can handle the unexpected. Is an unanticipated delay like this part of your supply chain risk plan? by Alexa Cheater.

Supply Chain Risk Blog Series#1: Why Supply Chain Risk Management Should be a High Priority

BluJay Solutions

Managing the inherent risk in a supply chain has always been critical for businesses, but has become ever more so as supply chains have extended globally. With so many companies today deriving and delivering so much of their business across a larger geographical expanse, the inherent risk factor has increased exponentially in the last decade or two.

Supply Chain Management and Bioinvasion

SCM Research

We all know that economic, ecological, social, and ethical aspects need to be considered when managing global supply chains. 2013), recently published in Ecology Letters, discusses the risk of marine bioinvasion caused by global shipping. The Risk of Marine Bioinvasion Caused by Global Shipping. Practice Theory Article Supply Chain Management Supply Chain Risk Management Supply Chain Sustainability

From Grower to Garden: The Complexities of the Nursery Supply Chain

Kinaxis

by Alexa Cheater Today is ‘ Take Your Plant for a Walk Day ’ (yes, apparently that is a real thing), and in honor of houseplants everywhere I thought I would look at the supply chain of an industry that has long fascinated me – the nursery industry. The Nursery and Garden Industry of Australia (NGIA) has very nicely put together two videos about the supply chain issues production nurseries face.

El Niño May Have Your Supply Chain Partying Like It’s 1997

Kinaxis

With extreme weather—running the gamut from droughts to flooding rains—likely to occur across the globe this winter, we can expect to see the supply chain affected in several areas. El Niño may serve as the ultimate test of supply chain risk management and resiliency. Those companies that safeguard their supply chains by successfully planning for potentially catastrophic events will emerge with the least negative impact from El Niño.

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Japan and Ecuador Earthquakes: Supply Chain Lessons from Past Disasters

Talking Logistics

These earthquakes are also a reminder of how natural disasters can disrupt supply chains. Over the past few years, I’ve written extensively about the growing importance of supply chain risk management and supply chain mapping, including the following: Rethinking Supply Chain Risk Management. Doing Nothing on Supply Chain Risk Management. Do You Have a “Top 25″ Supply Chain?

The Cost of Climate Change on Your Supply Chain

Kinaxis

by Alexa Cheater On the heels of the United Nations Paris Climate Change Conference , now seemed like an appropriate time to revisit an often talked about supply chain topic. The impact of climate change on your supply chain operations. Tumultuous weather is perhaps the most commonly thought of supply chain risk related to Earth’s climbing temperature. The same can be true for evaluating different transportation options.

That Upstream Unconventuional Oil Supply Chain

Logistics Viewpoints

Ive had recent conversations with part of the ARC Advisory Group Oil & Gas team  Dave Lafferty, Paul Steinitz, Tim Shea, and Mark Sen Gupta – on the unconventional upstream oil & gas supply chain. Unconventional oil includes getting oil and natural gas out of shale by fracking (fracturing the shale rock). Logistics Trends Petroleum Industry Supply Chain Risk Management Transportation

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Enabling Supply Chain Flexibility: Two Important (But Often Overlooked) Factors

Talking Logistics

El Niño and Jonas are the latest reminders that weather and other natural events, such as earthquakes, can lead to supply chain disruptions. In light of these risks, developing a flexible supply chain is the best strategy for success, but what does that mean exactly and how can companies get there? As you might expect, we both agreed that having timely and accurate end-to-end supply chain visibility was a critical factor in enabling flexibility.

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How to Combat the Uncertainty and Risks in Today’s Global Supply Chains

Talking Logistics

and China, what’s happening (or not happening) with Brexit in Europe, or the status of “New NAFTA” and other trade agreements, one thing is clear: there is growing risk and uncertainty in global supply chain management. How are leading companies navigating these risks and uncertainties? Two of the biggest supply chain challenges uncovered by the study are the age-old problem of taxes and duties and the more recent trend toward economic nationalism.

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Design for the Supply Chain Pt 9: Thorough Down to the Last Detail

Kinaxis

by Jonathan Lofton Can you believe we’re rapidly approaching the end of this series ( Design for the Supply Chain ) already!?! This week we’re talking about the meticulousness of the supply chain management solution. Nothing left to chance” means to me there’s a clear checklist of things that are carefully considered when establishing (or refining) the supply chain. The men who built the ships that transport the graphite.

Do You Have a Proactive Supply Chain Design or a Reactive One?

Talking Logistics

Every supply chain has a central purpose, regardless of size or industry: getting materials from their point of origin to the place they’re needed as quickly and inexpensively as possible. Designing a supply chain to accomplish that task isn’t as straightforward as it seems, especially when technology is involved. A smart company pays attention to the way their supply chain operates, and that means working with a proactive design over a reactive one.

Good-bye siloed, functional planner. Hello storm chasing network planner.

Kinaxis

by Bill DuBois If you had anything to do with supply chain planning in the early days of enterprise resource planning (ERP), you may consider those years the “good ol’ days”. Supply chain planners (I’m lumping in all the silos, including demand, supply, inventory and capacity planning) today are dealing with challenges that were unimaginable when Lotus notes were the next big thing. However, none of this physically destroyed your supply chain.