Risk Management News
Shipping Rates Are on the Rise as Disruptions Continue in Red Sea, Panama Canal
As shippers navigate goods around low water levels in the Panama Canal and risks in the Red Sea, rates are rising and the risk of downstream disruptions is growing.
Companies Shifting Away from China a Boon to U.S., Mexico
Nearly 75% of companies plan to reduce their share of sourcing from China, with the U.S. and Mexico appearing to be the big winners according to an AlixPartners survey.
Supply Chain’s Top Trends for 2024 Require Talent Investment for Success
As we head into 2024, top 10 supply chain lists feature the usual suspects: technology, visibility, AI. But a focus on talent is needed to ensure the investments in these more high-profile areas provide value.
The Rise of Risk Councils to Combat Supply Chain Threats
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.
Transformation and Resilience at the New J&J
Following the spinoff of J&J’s consumer brands, Kathy Wengel is now tasked with strengthening the pharma and med device business’s core technical operations and building a framework for risk management.
Keeping CPG Supply Chains Flowing
Volatility is costly and disruptive to operations. Consumer packaged goods supply chains face volatile transportation flows due mostly to variations in consumer behavior, but technology can help smooth those flows.
Refining Our Thinking for a Circular World
Most executives think linearly. But to make the most of circular solutions, they need to rethink how they run the business and decouple growth from resource consumption. Bain experts Joshua Hinkel and Tessa Bysong explain.
Navigating Cultural, Country Differences When Nearshoring Operations
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.
The 6 Ingredients for Innovation Success
There are six ingredients for delivering innovation from invention that serve as a compass for organizations navigating this dynamic market and striving to maximize return on innovation investment. EY’s Brian Legan explains.
Global Trade Tensions, Material Shortages Not Expected to Ease in 2024
Global trade tensions and continued material shortages will continue to hamper the supply chain in 2024 says a Deloitte forecast.
Safeguarding Growth: The Cybersecurity Challenges of a Digital Supply Chain
Complex digital supply chains spanning multiple countries and continents offer invaluable flexibility and cost efficiencies, but also growing cybersecurity risks.
Supplier.io Honors Firms for Diverse Supplier Initiatives
More than $160 billion was spent with diverse suppliers in the past year among just 326 companies analyzed by Supplier.io, directly supporting 1.3 million jobs.
Council on Supply Chain Resilience Has Work to Do
The Biden administration has announced the Council on Supply Chain Resilience, an effort to engage the secure the nation’s most critical supply chains.
Biden’s Supply Chain Plan Hinges on Continued Agency, Bipartisan Support
President Joe Biden’s attempt to secure supply chains will depend on agency, bipartisan support, and funding to create any value.
Companies Propel Innovation with Supply Chain Investments
The average company investment in supply chain innovation has nearly doubled in 2023 compared to 2022, according to new research from Catena Solutions.
Leveraging AI to Proactively Detect Supply Chain Fraud
Detecting and reducing supply chain fraud can be done using artificial intelligence and the existing supply chain systems and the familiar transactions that they produce.
Just How Resilient Is Your Supply Chain?
Disruptions are an inevitable part of supply chains - organization that are prepared can navigate and thrive amidst ongoing chaos.
Sustainability Efforts Continue to Ramp Up, Research Finds
Supply chain sustainability efforts continue to ramp up, but while companies are responding to global challenges, economic pressures are a different story.
Increases in Theft Add to Retail Supply Chain Challenges
A rise in retail theft has put added pressure on supply chains as retailers seek new ways to combat crime.
10 Things to Ask Before Onboarding a New Vendor
A thorough and strategic vendor selection process guides companies through the vendor selection process, helping ensure subpar suppliers never make it into the procurement process.
Featured Companies
ReposiTrak®, a wholly owned subsidiary of Park City Group, partners with retailers to accelerate sales, control risk and reduce supply chain expense. The ReposiTrak MarketPlace allows retailers to search, sample, vet, onboard, and order from new suppliers to expand local…
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McKinsey and Company is a global management consulting firm that serves leading businesses, governments, non governmental organizations, and not-for-profits. We help our clients make lasting improvements to their performance and realize their most important goals. Over nearly a century, we�…
BROWZ ensures that supply chains are safe, qualified, and socially responsible by delivering a comprehensive solution to prequalify, assess, and monitor supply chain compliance based on the unique needs of your business. BROWZ provides comprehensive assessments using patented, configurable technology…
Avetta provides a cloud-based supply chain risk management and commercial marketplace platform. Our global solution is uniquely designed to connect the world’s leading organizations with qualified suppliers, driving sustainable growth. We build trustworthy bonds through responsive technology and human…
Established 180 years ago, FM Global is a mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management. Those owners, who share the belief that the majority of property loss is preventable, represent…
WeatherOptics is a meteorological data analytics and private sector forecasting company that takes raw weather data and translates it into valuable insight for businesses across the United States.
Transparency-One enables companies to discover, analyze, and monitor all suppliers, components, and facilities in the entire supply chain. Transparency-One combines cutting-edge graph database technology, supply chain expertise, and global supplier onboarding services to help all supply chain stakeholders reduce business…
Everbridge, Inc. is a global software company that provides enterprise software applications that automate and accelerate organizations’ operational response to critical events in order to Keep People Safe and Businesses Running™. Everbridge’s Unified Critical Events Management Platform delivers secure,…
Proxima is the US/UK market leading advisory firm servicing large organizations wishing to maximize the financial and operational performance of their supplier base.
Allianz Global Corporate & Specialty (AGCS) is one of the world’s leading insurers for corporate and specialty risks. We offer our clients and brokers specialist local coverage while giving access to the full international Allianz Group network to complement their…
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