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Best Practices in Supplier Risk Management

Logistics Viewpoints

For a more comprehensive explanation of best practices in supplier risk management you can view the full video of the presentation here. Because of the pandemic, risk management surrounding sourcing has become top of mind in supply chain organizations. Supplier Risk Management in Periods of Crisis.

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Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

In February, Klaus Niebur, the director of global supply chain risk management at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supply chain risk management at ARC Advisory Group’s Digital Transformation in Industry conference. The implementation was not trivial.

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Transportation Risk Management: Keep Your Cargo Out of Danger

Logistics Viewpoints

With the main focus on maximizing time and cost efficiencies, cargo risk management is often skipped over despite being a critical step in protecting your company. The risk of […]. The post Transportation Risk Management: Keep Your Cargo Out of Danger appeared first on Logistics Viewpoints.

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Supply Chain Risk Management : The Challenges Driving Increased Interest in Managed Service

GlobalTranz

Any discussion on supply chain risk management and applying managed transportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supply chain disruption. Market Volatility Continues to Undermine Supply Chain Risk Management.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.

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Achieving Maturity in Risk Management Takes Years

Logistics Viewpoints

Supply Chain Risk Management Solution from riskmethods. If I was asked to vote for the most interesting solution set that has come to the fore over the last few years, my vote would be for supply chain risk management solutions. Supply Chain Risk Management Vendors. AGCO Stayed Nimble during the Pandemic.

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Risk Management Can Be a Competitive Advantage, Part One

Enterra Insights

The Mint staff adds, “Supply chain risk is a modern day reality and can emanate from a variety of sources, ranging from natural disasters to government policies and a host of other unforeseen events.”[2] In other words, good risk management can provide a significant competitive advantage for businesses.

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How Data Science and Modeling Can Supercharge Your Risk Management

Speaker: Dr. Ken Fordyce, Solutions Director, Supply Chain and Advanced Analytics at Arkieva

Risk management is defined as anticipating and responding to an event not yet part of the plan of record that requires a significant adjustment in your demand-supply network (DSN). COVID-19 has put risk management at the front and center in the supply chain world.

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Next-Gen Procurement: Transforming Processes with the Power of Generative AI

The paper highlights real-world examples and use cases that demonstrate generative AI's transformative effects on operational efficiency, risk management, and cost reduction.

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How to Conduct Workplace Incident Investigations to Create Safer Workplaces

It also highlights the significance of CSA Z1005 as a risk management standard and outlines the ROI of thorough incident investigations, covering emergency response to post-incident interviews. Additionally, it introduces an Investigation Evidence Gathering Matrix.

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How a Fortune 500 Company Transformed its Supply Chain Using a Digital Twin-Enabled Control Tower

They needed a solution to help them understand their lack of material availability and which plants and production lines were at risk of shutting down, so they could take corrective actions to mitigate that risk. This case study covers: Customer challenges. Key capabilities. Customer benefits.