General SCM > SC Security & Risk Mgmt | SupplyChainBrain

SC Security & Risk Mgmt: Page 336

Mylan Epipen Recall Goes Global

A recall of potentially malfunctioning EpiPens that Mylan first announced for Europe, Japan and Asia has now gone global, including the U.S., with the company retrieving tens of thousands more. Mylan, however, says it has plenty of replacements to avoid any interruptions in supply.

Icebergs Disrupt North Atlantic Shipping

An unusually large number of icebergs have drifted into the shipping lanes of the North Atlantic in recent weeks, forcing vessels to detour well to the south to avoid danger. Icebergs have even been spotted outside of the Coast Guard's ice navigation warning area, prompting at least one notice to mariners urging additional caution.

Credentials for Supply Chain Risk Management Are Advancing

Analyst Insight: Lehigh University developed the first MBA SCRM class in 2010. The concept has now grown to a global level: The SCRM Consortium includes 17 companies; SCRM continues to be a popular course at Lehigh and ERM is currently taught at Villanova University; 20-plus workshops and 10 conferences per year are held around the globe. A recently published book and the Consortium itself continue to support companies to Identify, Assess, Mitigate and Manage supply chain risks. - Gregory Schlegel, founder, The Supply Chain Risk Management Consortium

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Cargo Owners Complain of 'Total Mess' Shipping Goods to Asia

The launch of two global container-shipping alliances last week got off to a rough start, with cargo owners in Europe complaining of long delays to carry goods to Asia.

In Supplier Management, Companies Need to Step Up Their Game

The ability to monitor the behavior and condition of one's suppliers depends on having access to hard numbers. But a surprisingly large percentage of companies lack this critical data.

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Tech Firms Paid $100M to Fake Suppliers

A Lithuanian man has been arrested for tricking more than $100m out of two US technology companies by pretending to be a supplier.

These Four Risk Mitigation Methods Can Improve the Bottom Line

Analyst Insight: There are a few risk-mitigation methods that can improve the bottom line, and they have been around for some time. They are Product Portfolio Management (PPM), Customer Value Management (CVM), Total-Cost-to-Serve (TCS) and Gross Margin Return on Inventory Investment (GMROII). - Gregory Schlegel, executive-in-residence, Center for Supply Chain Research, Lehigh University

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Predictive Analytics Aim to Transform Supply Chain Risk Management

Analyst Insight: The key to supply-chain risk management is a predictive model that uses enhanced analytics to identify potential risk. This model would allow companies to move beyond historical metrics so they can determine risk for every part and supplier. It also would identify the appropriate response, promoting consistency within the organization. - Sven Dharmani, performance improvement principal and global automotive sector supply chain leader, Ernst & Young LLP

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Transvoyant Announces Predictive Tool for Supply Chain Risk

TransVoyant has announced its new product TransVoyant Precise Predictive Risk (P2R), a machine learning-based risk management and prediction tool that the software company says enables organizations to monitor, analyze and remediate risks to physical facilities, inventory in motion and in storage, human capital, competitors and extended trading partners around the world.

Bird Flu Outbreak Nation's Worst Since 2015

A bird flu outbreak that has led officials to euthanize more than 200,000 animals in three Southern states already is the nation's worst since 2015 and new cases are still popping up, an expert says.

Blockchain Conference to Take Place in the Country of New Fintech Opportunities - Kazakhstan

Brazilian Imports Banned in Tainted Meat Scandal

Some of the world's biggest food importing countries have announced full or partial suspensions of shipments from Brazil amid a scandal over tainted meat.

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