This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In February, Klaus Niebur, the director of global supplychainriskmanagement at Autoliv, and Jan Thiessen, the managing director at targetP!, spoke on best practices on supplychainriskmanagement at ARC Advisory Group’s Digital Transformation in Industry conference.
As I discussed last Friday, Accenture published a report recently on supplychainriskmanagement. The chart below from the Accenture report highlights the different approaches companies are taking to supplychainriskmanagement. The post Your 3PL as SupplyChainRiskManagement Partner?
Any discussion on supplychainriskmanagement and applying managed transportation to help prevent risks from coming to fruition is incomplete without touching on the pandemic to overcome supplychain disruption. Market Volatility Continues to Undermine SupplyChainRiskManagement.
Barry Conlon and Joe Lynch discuss supplychainriskmanagement, which is exactly what Barry and his team at Overhaul provide to Fortune 100 companies across the world. Its software-based approach offers high configurability and efficient time-to-value to supply-chain organizations without heavy tech.
Bowman, Managing Editor of SupplyChainBrain, wrote about a discussion he had with Yves Leclerc (@wmpyleclerc), managing … Continued The post Cognitive Computing and SupplyChainRiskManagement appeared first on Enterra Solutions. Business RiskManagementSupplyChain'
The survey also found that 9 in 10 supplychain leaders are seeking 3PLs with a consulting offering that provides guidance in setting up their company’s supplychain. These are the top challenges that are driving increased interest in and demand for consulting and managed services. And they must plan accordingly.
Spend Matters recently released their Spring 2025 SolutionMap for RiskManagement , and we’re pleased to share that Resilinc has maintained a strong position ahead of competitors in the SupplyChainRiskManagement module.
You don’t need to go back any further than a decade to understand the many challenges supplychains have endured over the years. When you answer that question, you can look at it through the supplychain lens. What do you think the next big risk to supplychain will be?
by John Westerveld Reason #5: Not having a supplychainriskmanagement process. Over the years, working for and with numerous manufacturing companies, I’ve seen many supplychain practices that cost companies money. Supplychainriskmanagement is like insurance.
states, obvious disruptions to supplychains and supplychainriskmanagement were a given. Many of the states affected contained key ports and supply destinations, as well as transportation and logistics hubs. Don’t let your supplychain get blown away by any category of winds.
Read more Coronavirus: SupplyChainRiskManagement Back in Spotlight. The post Coronavirus: SupplyChainRiskManagement Back in Spotlight appeared first on Talking Logistics with Adrian Gonzalez. As the spread of the new coronavirus in China causes.
The topic of supplychainriskmanagement has taken on a new persona as the global supplychain endures the COVID-19 crisis. The post LTL Shipping Through Proactive SupplyChainRiskManagement Software appeared first on Transportation Management Company | Cerasis.
A failure on the part of any supplier or other supplychain partner could result in cascading problems across your business, and supplychain. However, today’s supplychain technology can help manage vendor relationships, improve payment protocols, overcome geographic challenges,read More.
That’s when it all gets extremely complicated, but one thing remains crystal clear: supplychainriskmanagement is profoundly important for businesses to grow and expand. For example, Deloitte reported that 85 percent of global supplychains experienced at least one disruption caused by fraud or abuse in 2016.
Norrman & Jansson’s (2004) case study on Ericsson’s supplychainriskmanagement (SCRM) practices is definitely part of the canon of SCM literature. The results can now be found in our new article, The Development of SupplyChainRiskManagement over Time: Revisiting Ericsson.
As the United States continues to recover from Hurricanes Harvey and Irma, it seems unnecessary to warn supplychainrisk … Continued. The post Weather Disasters Usher in New Era of SupplyChainRiskManagement appeared first on Enterra Solutions.
Manufacturers are facing massive shortages across their supplychains, which, along with as well as an utter failure to move swiftly to account for said shortages, has resulted in a market flooded with demand for an ever-dwindling supply. It is, in order words, a failure in supplychainriskmanagement.
How is AI changing supplychainriskmanagement , and what does it mean for the future? These questions were part of a recent discussion featuring Exiger CEO Brandon Daniels about AI impacts on supplychains. Arjun Mehta: How is AI impacting supplychainriskmanagement?
LogiSYM SupplyChain Magazine – December/January 2021. SupplyChainRiskManagement: Risks of Relocating a Business ‘China to Vietnam’ From soba to udon—Are the noodles in the FTA bowl getting too thick? Digitisation: Shifting Gears in 2021. – LogiSYM December/January 2021.
Learn the best practices for supplychainriskmanagement in 2024 from Resilinc, the gold standard for supplychain resiliency. As riskmanagers audit their vendors and programs at the start of the year, it’s also time to clean up old strategies and supplychain practices.
Welcome to part three of our AI in SupplyChain blog series. In this blog, we explore the different types of predictive AI models for supplychainriskmanagement. In this blog, we explore the models used in Resilinc’s predictive AI and explain how they help streamline supplychainriskmanagement.
When it comes to supplychainriskmanagement, however, vigilance is always required. The SupplyChain Quarterly reminds us, “Supplychain challenges aren’t over yet.”[1] SAP researchers said the move to a ‘just in case’ supplychain will lead to higher costs.”
Before 2020, the global supplychain seemed almost untouchable, a well-oiled machine that kept the global economy turning. Risk mitigation and supplychain resiliency wasn’t the top priority for businesses.
Do you ever get confused when people use the terms supplychainriskmanagement (SCRM) and supplychain resilience? It’s common to hear industry practitioners, stakeholders, solution providers, and analysts use these terms interchangeably; for example, an SCRM program and a supplychain resilience program.
You have a supplychainriskmanagement strategy in place. Many companies have accepted the need for SupplyChainRiskManagement because they understand that just such a scenario could occur and if they are ready for it but their competitors are not, they have an opportunity to gain market share.
The post It’s Time to Rethink SupplyChainRiskManagement appeared first on Ivalua. Fortunately, we have what we need today. Prudent leaders will apply the needed changes to their organization before their competitors do the same.
Explore the latest updates to Resilinc’s supplychainriskmanagement solutions, including Collaboration Center 2.0, At Resilinc, we constantly innovate our supplychainriskmanagement solutions to meet our customers’ evolving needs—it’s part of why we’re The Gold Standard for SupplyChain Resilience.
Associate Managing Director, Exiger. The post Supplychainriskmanagement: looking back on 2022 & preparing for 2023 appeared first on IT SupplyChain. By Skyler Chi (pictured).
Thirdly, all the COVID supply disruptions brought home the need for better supplychainriskmanagement. Riskmanagement had been a hard sale. Companies typically embrace improved supplychainriskmanagement after a disaster – after the horse had already fled the burning barn.
Risk is everywhere. Adverse events can and will happen at any time, and when events hit your supplychain, disruption and financial, operational, and reputational damage are not far behind. .
The COVID-19 pandemic and its ripple effects have put supplychainriskmanagement back in the spotlight. Simply put, supplychains today face greater risks than in the past, including from relatively new threats like cyberattacks. How often do you consider risk in your supplychain decisions?
Now we apply this same macro-agility and micro-agility concept to riskmanagement. In a previous blog we described a new concept introduced by Gartner Research about the need for both macro-agility and micro-agility.
SupplyChainRiskManagement 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 supplychainriskmanagement solutions. SupplyChainRiskManagement Vendors.
When it comes to assessing supplychainrisks, planners generally don’t place natural disasters at the top of the list. But with the growing number of extreme weather events, that could change in the coming years.
Learn the supplychainriskmanagement maturity model stages from Supplier RiskManagement to antifragility. The way that businesses talk about (and manage) supplychains is changing rapidly. Supplier RiskManagement What is Supplier RiskManagement (SRM)?
Where OEMs in the past could concentrate on securing supply of expensive components, now they have to think about everything that goes into production, including raw materials, too.
Ever since COVID hit, supplychain executives have embraced supplychainriskmanagement. Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. SupplyChain Chaos is the New Norm. Chasing N-Tier Visibility.
When vetting potential suppliers and customers, it's vital to assess their risk-management profiles and strategies, says Danny Thompson, chief product officer at apexanalytix.
Enter the future of AI in supplychain. In this new multi-part blog series, we address the possibilities of supplychain AI and how new capabilities and machine learning algorithms are revolutionizing supplychainriskmanagement (SCRM). Stay tuned for part 2 of our AI blog series.
Heather Wheatley, vice president analyst with Gartner, explains how companies can balance considerations of resilience and cost to protect against disruption in their supplychains.
Managing exceptional risks requires insights and visibility of key information – this gives you the ability to minimize the impact of these unexpected, yet huge disruptions. It is a necessary part of supplychainriskmanagement. But what are the characteristics of a resilient supplychain?
Supplychains have been experiencing an increasing number of disruptions in the past 3 years, with many being both unfamiliar and unpredicted. This has led to a drive for increased resiliency. .
Meanwhile, supplychainriskmanagement solutions can be used to monitor the financial health of upstream vendors so that alternative sources of supply can be secured promptly if key vendors are in trouble.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content