Risk

Supply Chain Management Risk in Martime Sector May Ramp Up

Thursday, May 14, 2015 · Patrick Burnson
American Institute of Marine Underwriters are concerned about new areas of risk on the High Seas

Supplier Evasion of a Buyer’s Audit Has Other Implications

Tuesday, May 12, 2015 · Patrick Burnson
Recently, some prominent buyers' brands have been damaged because their suppliers caused major harm to workers or the environment, e.g., through a deadly factory fire or release of toxic chemicals. How can buyers motivate suppliers to exert greater care to prevent such harm?

M&A Activity in Food Services Supply Chain Examined: Risk Mitigation

Tuesday, April 7, 2015 · Patrick Burnson
Despite Kraft’s Blue Box recall last month it the food giant went ahead with its announcement that it would be merging with Heinz – thereby making the Kraft Heinz Company the fifth largest food and beverage company in the world, third in the U.S.

Zurich Insurance Insight on Implications of West Coast Port Disruptions is Spot On

Friday, March 20, 2015 · Patrick Burnson
While the labor disputes are now largely resolved, there is still an estimated 45 day backup for ships at the port which will continue to impact profitability for months, as repercussions continue along the supply chain.

Identifying Supply Chain Risk

Tuesday, March 17, 2015 · Patrick Burnson
According to DHL, these partnerships go beyond transaction-based solutions providers of the past to strategic partners who deliver competitive advantage and growth through their supply chain solutions and technological capabilities.

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.

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.

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.

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

A Unified Approach to Air Cargo Security is Long Overdue

Tuesday, February 5, 2013 · Patrick Burnson
ICAO’s engagement with industry, including GACAG members, in recognizing best practices and developing standards, recommendations, guidance materials and templates is a positive approach to achieving improvements.

New Software Tools to Manage Risk and Disruptions: Part II

Thursday, March 29, 2012 · Yossi Sheffi, Bindiya Vakil, and Tim Griffin
During 2010-2011, there have been several efforts to develop tools to help companies identify risks and respond to them

New Software Tools to Manage Risk and Disruptions

Wednesday, March 28, 2012 · Yossi Sheffi, Bindiya Vakil, and Tim Griffin
The first step that many organizations take in trying to manage risk and develop resilience is to classify possible future disruptions
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