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SC Security & Risk Mgmt: Page 146

The Pros and Cons of ‘Friend-Shoring’ Production

The multiple crises of the past few years are causing American businesses to consider “friend-shoring,” or the placement of manufacturing in countries with shared values.

Photo: iStock.com/SweetBunFactory

Aging Shadow Fleet Carrying Russian Oil Poses Disaster Risk

The aftermath of European Union sanctions on Russia mean that some older vessels may not be properly inspected and maintained, leading to a catastrophic accident at sea.

The oil tanker Prestige sinks off the northwest coast of Spain in November 2002. Photographer: Douanes Francaises/Getty Images

A Data-Driven Approach to Supply Chain Resilience

Businesses that are thriving, rather than simply surviving, share at least one thing in common: They know the value of a data-driven approach, and are making the necessary investments to prove it.

Photo: iStock.com/Dzmitry Dzemidovich

Ransomware Attack to Hurt Revenue at India’s Top Drugmaker

A ransomware group has claimed responsibility for the incident, which included a breach of some file systems and theft of certain company and personal data.

Photo: Bloomberg

Watch: How Corporate Boards Should Prepare for a Recession

Stephanie Resnick, partner and co-chair of the Directors’ and Officers’ Liability and Corporate Governance Practice Group at Fox Rothschild LLP, offers advice to corporate boards and leaders on how they can avoid being faulted for failing to prepare for an economic downturn.

How Corporate Boards Should Prepare For A Recession

Do Special Economic Zones Benefit Women?

Some SEZs have fulfilled the World Bank’s promise of female empowerment. But many have precisely the opposite effect.

Photo: iStock.com/FangXiaNuo

Watch: What Is a 'Self-Healing' Supply Chain?

Victoria Ma, head of digital innovation at Miebach, discusses "self-healing" supply chains and other major trends in the industry.

Victoria Ma

Bringing the Supply Chain Closer: Nearshoring Is Here

In recent years, nearshoring has emerged as a popular strategy for companies looking to optimize their supply chains.

Photo: iStock.com/peshkov

How Strategic Sourcing Can Help SMBs

Strategic sourcing aims to create long-term value by optimizing the procurement process.

Photo: iStock.com/thitivong

Watch: How Do We Hold on to Hourly Supply Chain Workers?

Employers need to efficiently collect information on frontline workers’ needs and requirements to recruit and retain them, says Dan Johnston, chief executive officer and co-founder of WorkStep.

Dan Johnston

What COVID-19 Taught Us About Using Capacity Buffers

If COVID-19 has taught us anything about supply chain management, it is that we need supply chain contingency plans. This includes many kinds of buffers.

Photo: iStock.com/krausphoto

Norfolk Southern CEO Defends Stock Buybacks in Tense Senate Exchange

Democratic Senator Peter Welch of Vermont asked Norfolk Southern's chief executive officer Alan Shaw whether the rail company would pause the activity until it had fulfilled the commitments made to residents at the crash site.

Norfolk Southern Chief Executive Officer Alan Shaw Bloomberg

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