Risk Management

Japan's manufacturing industry weathered the post-Fukushima crisis pretty well, all things considered, but other countries are less prepared for big disasters report says.

Resilient companies with increased flexibility such as Apple can recover from supply chain disruptions more quickly than their competitors and therefore have a competitive advantage, which could potentially increase their market share.

The rapid and adverse nature of events, such as a data security breach, or an inflammatory social media post, illustrate the importance of assessing risks and designing appropriate response plans that adequately address risk velocity.

Improved risk assessment provides greater agility and greater protection against disruptive and potentially catastrophic events that characterize prolonged periods of decline - the manufacturer becomes more agile and able to recognize and respond to such events, and to capitalize on the opportunities such events reveal.

For real results, organizations should implement supply chain risk management practices, especially risks presented by Information Technology disruptions.

5 questions every enterprise should ask to avoid getting stuck in the past.

“Workers tend to strike more frequently when the economy’s doing better and less frequently when the economy’s not doing well,” says Harry Katz, a professor of labor relations at Cornell University.

As Executive Director of MIT’s Supply Chain Management Program, Bruce Arntzen works with corporations to find innovative solutions to supply chain problems.

Just like participants in the Super Bowl, companies want to win - to do that they need good processes, ample resources, and top notch people -they need to develop plans, gather and analyze data, and measure success.

Bad weather is brutal for shippers, developing a proactive plan to deal with it is the best way to prepare yourself for whatever happens.

100% of supply chain executives acknowledged insurance as a highly effective risk mitigation tool.

Drones hold vast potential for streamlining and reducing the cost of insurance-related processes - from claims adjustment and risk-engineering, to post-catastrophe claims settlements for customers, to weeding out fraudulent agricultural claims.

LLamasoft® Supply Chain Guru® and LLamasoft® Transportation Guru® enable companies to model, optimize and analyze supply chain and transportation network operations, leading to major improvements in cost, service, sustainability and risk mitigation.

The more complex the supply chain, the greater the risk, and the automotive supply chain is as complex as it gets.

New research from Accenture reveals that, while a vast majority of executives believe supply chain risk management is a priority, only a small group of companies employ practices that enable them to generate a significant risk management ROI.

New research indicates that there’s considerable concern about the value of long-term, strategic relationships - Industry analysts explain how innovation and a deeper commitment to collaboration will become the key differentiators in the 2015 marketplace.

If you’re focusing your risk management plan on unplanned events or tsunamis, you’re missing the mark.

Insurance seen as major way to mitigate losses, but not used by many companies' as avoidance strategy.

TrapX 360 platform is uniquely positioned to detect, analyze, and report on Zero Day and APT threats in real time in a completely automated framework.

This incident is leaving many aviation experts wondering why Boeing is so reliant on one manufacturer of the fuselages instead of multiple suppliers, like the company does with other models.