Latest posts about Risk Mitigation
Supply Chain Procurement Opportunities and Challenges For 2024
February 28, 2024
Procurement Leaders in partnership with JAGGEAR cover the trends, challenges and opportunities that procurement faces in 2024.
6 Reasons Supply Chain Managers are Choosing India Over China for Trade
February 12, 2024
A new survey found U.S. C-Suite executives are over three times more likely to choose India over China for their future supply chain needs.
Talking Supply Chain: Gendered Risks in the Supply Chain
January 18, 2024
Supply chain risk management goes beyond sourcing diversification, it also involves eliminating gendered risks.
The Rise of Risk Councils to Combat Supply Chain Threats
December 29, 2023
Risk councils bring together supply chain risk owners and other subject matter experts to analyze current risks, plan for emerging ones, and evaluate control effectiveness.
Navigating Cultural, Country Differences When Nearshoring Operations
December 20, 2023
While nearshoring can be a risk mitigation tool, it’s important for businesses to consider the differences between countries, including cultural, trade and even weather patterns.
SMC3 panel examines ways of managing and operating through risk-based events
June 28, 2023
Regardless of how many years of experience one has, managing supply chain and logistics operations through periods of risk and challenging times requires equal helpings of resourcefulness and resilience, among other key factors. That was a key theme in a session at this week’s SMC3 Connections conference in Orlando, Fla., which included Tom Nightingale, CEO, AFS Logistics, Tom Schmitt, President, CEO, and Director, Forward Air, and Brad Stewart, Treasurer and SVP-Investor Relations, Knight-Swift.
Global Risk Mitigation: Using risk assessment tools to evaluate global suppliers
August 8, 2022
Now that the worst of it seems to be over, it’s time to take action to mitigate any future risk of supply chain disruptions. Developing a tool or using an existing software tool for assessing risk will help identify the weak links in your supply chain—but a tool alone is not enough.
Five Fundamentals of Supply Chain Resilience
July 27, 2020
In this white paper, Convoy will review five fundamental attributes of resilient supply chains and also how shippers can secure reliable and flexible capacity in any market condition with a digital freight network.
Resilience360 and Riskpulse release report on supply chain impacts of 2020 storms
May 22, 2020
Resilience360 and Riskpulse have jointly released the “2020 Tropical Storm Season Outlook,” which explores what the upcoming tropical storm and hurricane season could bring, and how storm activities may impact supply chains, especially in light of the ongoing COVID-19 pandemic.
High tech logistics managers faced with new challenge: workforce slavery
June 25, 2018
News emanating from the U.S. West Coast indicates that among many of the new risks logistics managers must confront these days is that of forced labor.
One Disaster A Week: How Biogen Stabilized its Supply Chain…..
January 25, 2018
In this webcast Daniel Biran, VP-Global Security, Biogen and Joe Carson, Chief Strategy Officer, Resilinc, will speak on how Biogen was able to utilize its Global Security Operations Center and the Resilinc’s supply chain intelligence/tools to streamline cross-departmental communications, identify supply chain vulnerabilities, and enable proactive risk mitigation and crisis management activities in the face of the recent string of major natural disasters including Hurricane Harvey, Hurricane Irma, the Mexico City earthquake, and Hurricane Maria.
Third-party risk of fraud still a concern, says new Deloitte study
November 13, 2017
During the past four years, use of analytics to mitigate third-party supply chain fraud, waste, and abuse risk has jumped to 35 percent in 2017 from 25.2 percent in 2014, according to a Deloitte poll.
AsiaInspection Report: Supplier audits remain essential
July 18, 2017
AsiaInspection (AI), a global provider of quality control services for businesses importing from the Pacific Rim, maintains that logistics managers should pay more attention to risk…irrespective of region.
Addressing the risk in trucking
July 10, 2017
Thanks to recent advances in information technology, there’s never been such a wealth of facts and analytics captured by today’s research firms. But the sheer volume of these numbers can easily overwhelm logistics managers.