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Global Supply Chain Management: Page 617
Vendor Resilience Crucial to Avoiding Risk of Business Interruption, Study Says
As businesses increasingly rely on external parties for critical services, they become more vulnerable to business interruptions. This is especially true when such businesses know little about their third-party vendors' resiliency and recovery capabilities, according to PwC US, which examined the effects that vendor resiliency, or lack thereof, can have on an organization's business continuity strategy.
Omnichannel Fulfillment Requires Integrated Solutions That Go Beyond Traditional WMS
Greg Cronin, executive vice president of Intelligrated, and Nyle Morris, vice president of sales at Knighted, discuss the paradigm shift in fulfillment strategies being driven by omnichannel retailing and the type of integrated solutions that these strategies require.
Data Theft Affects Nearly One in Five Adults Online
Eighteen percent of online adults in the U.S. have had important personal data stolen, according to a Pew Research Center study highlighting the crisis in data protection.
How to Protect Your Supply Chain From Cyber Crime
The risk of cyber crime hitting your supply chain is greater than ever before.
Your Next Perfect Employee or Job Is Waiting
SupplyChainBrain and JobsInLogistics have joined forces in 2014 for the specialized purpose of:
UK Manufacturers Lost Significant Amounts in Preventable Supply Chain Problems
Large UK manufacturers lost more than £58m in 2013 following a raft of preventable supply chain issues, including firms' failures to deliver goods on time.
Netwin Unveils New Module for Conflict Minerals Reporting
Netwin Solutions Inc., a provider of applications for supply-chain security and global trade management, has launched a software module to help companies comply with new rules for reporting on the presence of conflict minerals in their products.
Manufacturers Focus on Cost Reduction, But Ignore Energy Inefficiency, Report Says
Insufficient communication and too much emphasis on controlling factory capital expenditures means that manufacturers pay massive energy-inefficiency costs over the lifetime of their plants, according to research firm IHS.
Being Proactive to Manage Supplier Non-Compliance
The rise of global sourcing as a means to minimize costs has had the unintended consequence of increasing risk. Dependence on an increasing number of suppliers makes it difficult to monitor their performance without automated metrics. According to a 2013 Supply Chain Resilience Survey, 75 percent of organizations experienced at least one supply chain disruption incident in the past year.
Sanitary Food Transportation Act in Focus
The Food and Drug Administration has the responsibility for implementing FSMA and has issued seven proposed rules on each of the critical elements. These include Hazard Analysis and Preventive Controls for both human and animal food; Produce Safety; Intentional Adulteration; Foreign Supplier Verification Programs; Accreditation of Third-party Auditors; and finally the Sanitary Food Transportation Act (SFTA).
Ikea to Build Wind Farm to Satisfy Some of Its Energy Needs
Swedish home goods giant Ikea Group is investing in its first wind farm in the U.S., joining a parade of other companies that are venturing into the renewable energy sector. The company purchased Hoopeston Wind, an energy project under construction in Illinois.
Managing Supply Chain Risk - That's for Somebody Else to Worry About, Right?
The recent occurrence of faulty ignition switches in General Motors cars should serve as a wakeup call to companies that lack good visibility into their global supply chains. But most have failed to implement adequate supply-chain risk-management programs that could head off such problems.
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