Risk Management

Currency: The next commodity risk management disruptor

Friday, November 4, 2016 · John Piatek Falling commodity prices have made businesses look good and given business leaders a false peace, but looming currency wars may prove to be the disruptor that ignites a new round of commodity volatility.

Despite Expected Rise in Regulatory Scrutiny, Few are Prepared to Manage Product Safety Crises

Thursday, October 6, 2016 · Patrick Burnson While 42.1 percent of respondents to a recent Deloitte poll expect government agency scrutiny of product safety to increase through 2017, just 15.1 percent are fully prepared to manage a product safety or quality crisis.

Hanjin: A Direct Hit, Plus Collateral Damage

Wednesday, September 7, 2016 · Andrew Lubin It's a new and ugly world in international trade today. Hanjin Shipping's receivership and bankruptcy filing suddenly exposed how flimsy is the world of shipping alliances and just-in-time supply chain management.

Leveraging Technology to Mitigate Risk: Part II

Thursday, August 4, 2016 · Patrick Burnson Workforce concerns are gaining traction among industry analysts.

5 ways to address supply chain risk

Wednesday, July 6, 2016 · Bridget McCrea Supply chain risk comes in many shapes and forms. Is your company ready to meet it head-on?

New Resilience Index Outlines Emerging Market Risk

Thursday, May 12, 2016 · Patrick Burnson Supply chain resilience is vital to robust business performance. Threats to resilience—such as depressed oil prices, natural catastrophes and the spread of terrorism—are keeping financial executives around the world up at night.

Three Ways to Keep Cargo Theft in Check

Thursday, May 5, 2016 · Michael Meeks, Director of Risk Management, AFN Instances of cargo theft declined by about six percent in 2015, according to logistics security organization FreightWatch International. The report also noted, however, that a high risk for cargo theft remains due to the increased savviness of thieves.

Global Links: Investing in Supply Chain Resiliency

Thursday, May 5, 2016 · Patrick Burnson Add “cyber exposure” and widespread fraud to the mix, and we have a daunting checklist to address before supply chains can be regarded as efficient and secure. Several recent studies indicate that risks are mounting for supply chains in even the most developed parts of the…

A.T. Kearney Issues “Pragmatic Approach to Supply Risk Management” Study

Thursday, April 28, 2016 · Patrick Burnson A new study released recently from global management consulting firm A.T. Kearney promises to provide supply chain managers valuable advice on risk mitigaition

Supply Chain Fraud Levels Unchanged for Third Consecutive Year

Wednesday, April 6, 2016 · Patrick Burnson For the third consecutive year, about 30 percent of Deloitte poll respondents say their companies experienced supply chain fraud, waste or abuse in the preceding year.

New Forced Labor Legislation Set to Have an Impact on Global Supply Chains

Monday, March 28, 2016 · Patrick Burnson President Obama signed into law the Trade Facilitation and Trade Enforcement Act of 2015. The new legislation now officially prohibits the importation of goods produced by forced labor or child labor, closing an 86 year old loophole and reauthorizing the Customs and Border…

Weighing the Risk in the Asia Pacific

Monday, December 7, 2015 · Patrick Burnson U.S. multinationals engaged in Pacific Rim commerce appear to have a high threshold for risk, notes recent research done by Resilinc.

Risk Management in the Coffee Supply Chain

Wednesday, July 29, 2015 · Patrick Burnson Sustainable Harvest Coffee Importers, based in Portland, Oregon, is an importer of high quality specialty-grade coffees from over 15 countries around the world. As pioneer of the “Relationship Coffee Model,” it has championed the direct trade model and the creation of…

Boeing Beefs Up Its Supply Chain Security

Tuesday, June 16, 2015 · Patrick Burnson The need for airlines to adopt a solid information security framework is also clear, observe senior analysts at Boeing.

Complexities of Supply Chain Interdependency Revealed in New Recall Study

Tuesday, May 26, 2015 · Patrick Burnson With highly publicized recalls affecting millions of consumers, the first quarter of 2015 stood out for the rippling effects many of the recalls had throughout the supply chain, says a new study.