Risk Management

How World-Class Procurement Organizations Outperform

Monday, August 18, 2014 · Patrick Burnson New Research Shows Top Organizations Operating at Lower Costs, With Fewer Staff

Supply Chain Managers Take “World View” on Risk

Tuesday, August 5, 2014 · Patrick Burnson AsiaInspection, a global provider of quality control services for businesses importing from Asia, Africa, Southern Europe, and Latin America, maintains that supply chain managers should pay more attention to risk irrespective of region.

Mitigating Risk Means Evaluating Emerging Nation Resilience

Tuesday, August 5, 2014 · Patrick Burnson FM Global commissioned analytics and advisory firm Oxford Metrica to develop country rankings with the aim of bolstering intelligent dialogue around building resilience and avoiding supply chain disruption.

A New Worry for Supply Chain Managers: Storm Surge

Monday, August 4, 2014 · Patrick Burnson While scientific predictions are pointing to lower-than-normal storm activity for 2014, the risk of significant damage to the nation’s transport infrastructure is a constant threat.

Riskiest Countries for Business: FM Global Ranks Nations by Supply Chain Resilience

Wednesday, June 11, 2014 · Patrick Burnson New Resilience Index is an online, interactive tool that displays data on country-by-country susceptibility to supply chain disruption

Resources May Not Be Running Out…But That Doesn’t Mean “Business as Usual”

Wednesday, June 11, 2014 · Patrick Burnson In the last several years, major companies have drawn the attention of international media when they have suffered supply disruptions due to raw material shortages.

Managing for Catastrophes: Part III

Friday, March 28, 2014 · Dr. Alan Kosansky and Michael Taus, Profit Point The most important ingredient in supply chain planning is the supply chain management team and all the other people whose job it is to continuously analyze and improve the organization’s operations.

Managing for Catastrophes: Part II

Thursday, March 27, 2014 · Dr. Alan Kosansky and Michael Taus, Profit Point There are five elements of a resilient supply chain

Managing for Catastrophes: Building a Resilient Supply Chain

Wednesday, March 26, 2014 · Dr. Alan Kosansky and Michael Taus, Profit Point Building a resilient supply chain requires success in four key areas: policy, strategy, information technology and partnerships.

Four Best Practices For Minimizing Global Supplier Risk

Thursday, February 27, 2014 · Paul Mandell Today’s corporate procurement function faces a wide array of serious challenges. Among the most vexing are those that relate to supplier risk—an area made particularly complex by an increasing reliance on suppliers in foreign lands.

Bangladesh Factory Audits – Preempting Corruption Risks and Compliance Violations

Monday, February 24, 2014 · Manu Gopeendran & Keri Dawson This guest paper was co-authored by Manu Gopeendran, Senior Product Marketing Manager, MetricStream and Keri Dawson - Vice President of Industry Solutions and Advisory Services, MetricStream

Accenture Says Supply Chain Managers Still Struggle to Address “Climate Risk”

Thursday, January 30, 2014 · Patrick Burnson Does “regulatory uncertainty” discourage corporate investment in sustainable supply chains? When it comes to addressing climate risk, a new study suggests that the answer is yes.

MIT Study: “Devil in the Details” of Supply Chain Risk Management

Tuesday, December 17, 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.

Supply Chain Managers Gain New Tool to Address Weather-related Risk

Monday, November 11, 2013 · Patrick Burnson Stormpulse, Inc., a weather intelligence company, announced it will expand its focus beyond the tracking of weather related business threats with the launch of “Riskpulse, risk management software as a service (Saas) package.

More on “Market Power”

Thursday, October 17, 2013 · Patrick Burnson Supply chain managers should avoid legal entanglements, but not sever trade relationships with all suppliers in the affected regions.