Risk Mitigation

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.

New Snapshot on Supply Chain Risks Provided by Atradius

Tuesday, June 19, 2018 · Patrick Burnson
Atradius, a trade credit insurer based in London, recently released a report titled “Information and Communication Technologies (ICT) Performance and Outlook” that evaluates the global health of the industry and provides a snapshot of risk in emerging nations.

Prologis Addresses Supply Chain Risk in its “Sustainability” Report

Thursday, June 7, 2018 · Patrick Burnson
Prologis recently announced the release of its eleventh annual sustainability report, which contains valuable market intelligence for supply chain managers wishing to mitigate risk and remain globally competitive.

Avoiding Supply Chain Breakdowns: Learning From the KFC Debacle

Friday, May 11, 2018 · Tony Pelli
The breakdown of Kentucky Fried Chicken's supply chain in the United Kingdom in February 2018 provides a cautionary tale about hidden vulnerabilities in supply chains that all organizations should note.

Procurement Has Narrowed Digital Capabilities Gap, Says The Hackett Group

Monday, April 16, 2018 · Patrick Burnson
Procurement organizations have significantly shrunk the capability gap in digital transformation over the past year, with two thirds now having a strategy in place and nearly half having the resources and competencies needed to execute, according to new Procurement Key Issues…

RapidRatings and Resilinc Corporation Partner to Address Common Supply Chain Risks

Wednesday, March 7, 2018 · Patrick Burnson
The Global Supply Chain Resiliency Council's annual conference got underway in San Francisco this week, where the partnership between RapidRatings and Resilinc Corporation was announced.

TBSx3 Launches Blockchain Consortium with DB Schenker and DP World to Protect Global Supply Chains

Tuesday, February 6, 2018 · Patrick Burnson
Logistic and supply chain giants DP World Australia and DB Schenker have announced the creation of a consortium, facilitated by blockchain startup TBSx3, using blockchain technology.
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