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Think Tank
SC Security & Risk Mgmt: Page 212
Five Ways to Advance Supply-Chain Risk Management
Growing awareness surrounding supply-chain risk management is encouraging, but more work needs to be done.
Risk Management Remains an Untapped Resource in Procurement
The pandemic revealed vulnerabilities within organizations that did not build strong relationships with suppliers or leverage robust monitoring systems to track and assess risks.
Achieving Greater Visibility Into Payments
One of the many lessons learned in 2020 was that there is a critical need for greater visibility across many facets of the supply chain.
Early Payment Helps Mitigate Risks of Cash Flow Uncertainty
Amid the global health pandemic, alternative liquidity solutions such as supply-chain finance and accounts receivable finance are playing an important role in improving financial health, minimizing disruption, and increasing resiliency for buyers and suppliers.
The ‘Three Rs’ of Supply-Chain Risk Management
According to a recent report by the McKinsey consultancy, the COVID-19 pandemic “has once again driven home the necessity of managing operational and supply chain risks. It has catapulted these issues to the top of CEOs’ agendas, and the unexpected now has to be considered probable.”
How Fed Policy Impacts Manufacturer Profits and Supply-Chain Costs
A perfect storm of currency debasement, higher taxes, and declining purchasing power is driving manufacturers to focus on overall spend, cost-cutting, and the need to optimize cash conversion.
Refinitiv Adds Cybersecurity and Credit Risk Ratings to Due Diligence Reports
Refinitiv, a provider of financial markets data and infrastructure, is expanding the scope of its data-driven due diligence reports with the addition of cybersecurity and company credit risk ratings from BitSight and Creditsafe.
Three Steps to Securing Supply Chains Under Pressure
The challenge of securing increasingly complex, flexible, and responsive supply chains has grown enormously over the past year.
Watch: President Biden’s Trade Priorities for 2021
Clifford Sosnow, co-chair of the Trade and Investment Group of the Fasken law firm, reviews the pressing international trade issues that will confront President Biden in the early months of his administration.
Automating Contracts Is a Key Step Toward Digital Supply-Chain Evolution
Large companies often use various solutions to manage hundreds of thousands of contracts and documents — covering years of work across the supply chain.
The World Is Dangerously Dependent on Taiwan for Semiconductors
As China pushes the world to avoid official dealings with Taiwan, leaders across the globe are realizing just how dependent they’ve become on the island democracy.
Watch: The Impact of the Pandemic on the Food Supply Chain
Mary Long, director of the Supply Chain Forum at the University of Tennessee, reports on the types of shortages that grocery stores were experiencing in late 2020 and into 2021, as a result of the coronavirus pandemic.
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