Risk Management

Supply Chain Managers Can Justify Risk Avoidance Investments

Thursday, October 10, 2013 · Patrick Burnson
How do you put a value on avoiding a problem that seemingly no longer exists because you’ve already spent money on eliminating it? This is the classic Catch-22 dilemma faced by many corporate security managers when trying to justify further investments in steeling the supply…

New Advances in Security Since 9/11

Monday, September 16, 2013 · Patrick Burnson
New procedures, rules and regulations now in place not only serve to deter future attacks, but also provide more transparency in the supply chain

Nation’s CFOs Bullish on Growth

Monday, August 26, 2013 · Patrick Burnson
U.S. financial officers gave the economy its highest score in five years and were significantly more confident about economic growth in 2013 in the latest Bank of America Merrill Lynch CFO Outlook survey

Supply Chain Risk Mitigation: Part III

Wednesday, May 15, 2013 · Patrick Burnson
While digital progress has enriched the lives of many supply chain managers and the companies they serve, industry analysts warn that there’s a dark side to our reliance on complex computer systems. Indeed some experts contend that our product pipelines have never been more…

Supply Chain Risk Mitigation: A Three-Part Overview

Wednesday, May 15, 2013 · Patrick Burnson
Industry analysts agree that it’s important to make risk assessment an ongoing process, allowing for frequent plan updates as political conditions, fuel prices, tariffs, currency exchange rates, labor costs, and other supply chain security threats arise.

Speak Like a CFO and Gain Management’s Attention (and Support)

Thursday, April 18, 2013 · Robert A Rudzki
Being able to communicate with your senior executives in their language, and thereby connect with them, is a key element determining the future of procurement.

Supply Management for the CEO and CFO

Thursday, March 28, 2013 · Robert A Rudzki
One of the greatest opportunities for procurement and supply management professionals is connecting with their company’s senior management. Doing so can help create an awareness of supply management’s potential, and thereby improve the odds of gaining top management’s…

5 Supply Chain Predictions For 2013

Tuesday, December 25, 2012 · Mark Woodward
It’s that time of year when we celebrate the fact that next year is a clean slate and all is possible. It’s also the time when we propose our budgets and very quickly realize that we’d better focus on what’s important, as that’s where the budget will inevitably go.…

Report from Accenture and World Economic forum takes deep dive into supply chain and transport risk

Thursday, March 1, 2012 · Jeff Berman
Dealing with challenges and the unknown is considered a given for supply chain and logistics managers. When the unexpected happens, it is imperative that they are taking steps to manage risks in an efficient and proper manner. But according to a report from Accenture and the…

Mexico competes with BRIC nations for supply chain investment

Thursday, January 19, 2012 · Patrick Burnson
While the BRIC nations continue to attract investment, supply chain analysts urge caution and diligence

Innovation Sourcing - The Suppliers’ Perspective

Tuesday, November 8, 2011 · Joseph R. Carter, Phillip L. Carter, Robert M. Monczka, and Thomas V. Scannell
This article explains how leading companies are engaging in innovation from a unique perspective — that of their suppliers. The research examines the strategies and approaches that should be put in place to accelerate and realize supplier innovations that lead to competitive…

Sustainability is Free - The Case for Doing the Right Thing

Tuesday, November 1, 2011 · Dr. Dale S. Rogers is Professor, Logistics & Supply Chain Management and Co-Director of the Center for Supply Chain Management at Rutgers University College of Business
More and more companies now recognize that creating a sustainable supply chain is more than just the right thing to do—it's a requisite to business success. Sustainability today resembles the quality movement of three decades ago. As with quality, there was initial…

Achieving Flexibility in a Volatile World

Tuesday, September 13, 2011 · Reinhard Geissbauer and Brad Householder
New global survey from PRTM confirms the importance of operational flexibility in supply chain success and identifies five key levers that leaders employ to make it happen. The financial and performance benefits of improved flexibility can be profound. And companies can start…

A Framework for Managing Supply Chain Risks

Friday, July 1, 2011 · Bharat Kaku and Bardia Kamrad
Most supply chain professionals today fully understand that the potential for supply chain disruption has never been greater. Yet while they recognize the need for managing and mitigating such risk, they often lack the tools to do so. The practical risk management framework…

Managing Risks in the Global Supply Chain

Monday, June 6, 2011 · J Paul Dittmann
In our final installment for the series, “Supply Chain Management Beyond the Basics,” Dr. J. Paul Dittmann, Director of Corporate Partnerships, University of Tennessee explains that one of the greatest impediments to sustaining a successful supply chain is the lack of any…
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