Risk Mitigation

Rest assured: Building resilience in supply chains one mattress at a time

Wednesday, July 10, 2024 · Gabriel Szuma and Szuya Huang A strategic approach to navigate the tradeoff between risk mitigation and cost efficiency, developed in collaboration with Tempur Sealy, offers insights for a restful supply chain future.

Calculating financial business risk to identify supply chain vulnerabilities

Wednesday, July 3, 2024 · Romain Lucas and Pik Yien Lai While most businesses assume higher procurement supplier spend equals to higher risk, an MIT CTL research study found that is not always the case.

Predicting the future is impossible; so focus on mitigating risk and building resiliency

Monday, June 24, 2024 · Jonathan Colehower Supply chain crunches occur precisely because they are unpredictable and expose vulnerabilities that had not previously been considered. But, it’s never a bad idea to be prepared.

Navigating global elections: A blueprint for supply chain resilience

Tuesday, June 18, 2024 · Mirko Woitzik With major countries such as the U.S., India and Taiwan holding elections this year, supply chains face an uncertain path toward resiliency.

Moody’s weighs in on insurance risks supply chains face today

Wednesday, June 12, 2024 · Brian Straight A report from Moody’s has identified areas of the supply chain where insurers are most concerned.

5 strategies for energy market cost and risk reduction

Monday, May 20, 2024 · Bob Wooten, C.P.M., CEP; Mark Trowbridge, CPSM, C.P.M. MCIPS; and Claudette Calder, MBA, CPSM Electricity and natural gas costs are major factors in the profitability of companies in all industries, but especially in key parts of the supply chain. There are strategies to better control these costs.

5 strategies for energy market cost and risk reduction

Sunday, May 19, 2024 · Bob Wooten, C.P.M., CEP; Mark Trowbridge, CPSM, C.P.M. MCIPS; and Claudette Calder, MBA, CPSM Electricity and natural gas costs are major factors in the profitability of companies in all industries, but especially in key parts of the supply chain. There are strategies to better control these costs.

A reshoring history lesson

Friday, May 10, 2024 · Brian Straight The reshoring trend is rapidly accelerating, but it is not new. Reshoring Institute Executive Director Rosemary Coates provided a history lesson on reshoring at the recent ISM World conference.

Inflation, economic worries among top supply chain concerns for SMBs

Tuesday, May 7, 2024 · Brian Straight SMBs have many of the same concerns as larger enterprises, but inflation is at the of their supply chain concerns list.

Technology’s role in mending supply chain fragility after recent disruptions

Thursday, April 25, 2024 · Tony Harris With the help of digital tools and a collaborative business network, businesses can home in on potential impacts from unavoidable disruptions and ensure all stakeholders are prepared for whatever comes next.

How one small part held up shipments of thousands of autos

Wednesday, April 10, 2024 · Rosemary Coates The recent case of thousands of autos being denied entry to the U.S. over concerns of forced labor used by a sub-assembly supplier illustrates the need to improve scrutiny of the supply chain.

Investor expectations influencing supply chain decision-making

Tuesday, April 9, 2024 · Brian Straight Supply chain sustainability is increasingly an imperative for shareholders, and it is leading managers to consider investor relations in decision-making.

The India Advantage: 6 Reasons Why Supply Chains Are Leaving China

Monday, February 12, 2024 · Amy Wunderlin A new survey found U.S. C-Suite executives are over three times more likely to choose India over China for their future supply chain needs.

Brands Make Vendor Compliance an Investment, Not a Cost

Monday, December 18, 2023 · Norman Katz Traditionally, vendors viewed vendor compliance as a burdensome cost. Truthfully, it is to a certain extent. But it also can be an investment that can be turned internally and used to benefit the vendor company widely.

Actionable Awareness: How to avoid becoming supply chain roadkill

Thursday, July 7, 2022 · Stanley E. Fawcett, Melanie Hinterplattner, A. Michael Knemyer, and Amydee M. Fawcett Disruptive events affect us all. But companies with supply chain sensing capabilities can take action to avoid becoming the proverbial deer in the headlights.