Risk Mitigation

Economists Forecast a Recession Due to COVID-19

Wednesday, March 18, 2020 · Patrick Burnson
The IHS Markit March Global Economic Forecast Flash from Chief Economist Nariman Behravesh and Sara Johnson, Executive Director, Global Economics indicates that the global economy is headed for recession.

For Global Supply Chains the Worst Is Yet to Come

Monday, March 16, 2020 · Rosemary Coates
America is starting to awaken to the threat of the coronavirus pandemic in humans. For global supply chains, the worst is yet to come. We are already experiencing shortages of consumer goods as Americans stock up on supplies. This is just the beginning.

MIT Center for Transportation & Logistics Response to the Coronavirus Crisis

Thursday, February 27, 2020 · SCMR Staff
According to the MIT Center for Transportation and Logistics Resources, it is widely expected that the year 2020 - and the new decade it heralds - is going to bring dramatic changes to global supply chains and that China will be a leading actor in this ongoing drama.

Resilience360 and Riskpulse Combine to Create Leading Supply Chain Risk Management Solution

Tuesday, January 14, 2020 · Patrick Burnson
Columbia Capital, Greenspring Associates and DHL recently announced to jointly acquire Riskpulse to scale the business in combination with Resilience360.

Supply Chain Risks and Opportunities Heading into 2020

Monday, December 30, 2019 · John Lorié
Despite the challenges facing businesses in 2020, there are some silver linings, apart from the hope that the "phase one" conclusion of the trade deal between the U.S. and China has created.

LevaData and Resilinc Are Leading the Way for the Digitalization of Supply Chain Risk

Tuesday, September 10, 2019 · SCMR Staff
A global partnership agreement between Resilinc Corporation and LevaData was announced today.

Storm Watch and Supply Chains: DHL Offers Managers Risk Mitigation Tools

Monday, June 3, 2019 · Patrick Burnson
As storms continue to strike supply chains across the nation, a new report from DHL has been crafted to help managers mitigate risk and anticipate disruption.

Market for Ethical Supply Chain Tools May Reach $2.7 Billion by 2024

Monday, May 6, 2019 · Patrick Burnson
The Monitor Institute by Deloitte recently released a first-of-its-kind report evaluating the current state and future horizon for tools to enable ethical supply chains.

Global Supply Chain Risk Events Increased 36% in 2018 According to Resilinc’s Annual EventWatch

Thursday, March 7, 2019 · Patrick Burnson
For corporations managing complex supply chains, 2018 provided many familiar challenges such as factory fires, extreme weather events, earthquakes and mergers and acquisitions.

Capitalizing on the Unexpected

Wednesday, March 6, 2019 · Jens Esslinger, Lutz Kaufmann, Stephanie Eckerd and Craig R. Carter
Things don't always go as planned. New research sheds light on how procurement professionals can successfully manage the unexpected with their suppliers.

Wisdom Comes from the Young

Friday, March 1, 2019 · Michael Gravier
Treatment of people must become a part of supply chain operational risk management. General Motors, Starbucks, Hollywood, and a variety of other businesses illustrate that racism and other bias incidents do not receive sufficient preparation and planning from a risk management…

Supply Chain Cybersecurity to Evolve in 2019

Monday, January 14, 2019 · Patrick Burnson
Steve Durbin, managing director at ISF (Information Security Forum) – a cybersecurity consulting firm, tells Supply Chain Management Review to expect “evolutionary” changes in the risk scenario this year.

Evaluating Investments in Resilience

Wednesday, December 19, 2018 · Jorge García Castillo
As the number of natural hazards has increased over the last 10 years, supply chain resilience has attracted more attention with respect to mitigating the effects of these hazards

Supply Chain Crime Can Be Addressed By Blockchain Strategy, Says Deloitte Study

Thursday, November 8, 2018 · Patrick Burnson
During the past five years, an average of 31.1 percent of respondents to annual Deloitte polls say their organizations have experienced supply chain financial crime—particularly fraud, waste or abuse—in the preceding year.

Supply Chain Managers Reliant on Steel and Aluminum Should Act Now to Mitigate Risk

Monday, July 30, 2018 · Patrick Burnson
Last week, President Trump and European leaders agreed to negotiating a resolution over the steel and aluminum tariffs disputes, but the lack of clarity on the issue may already be disrupting U.S. manufacturing supply chains.
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