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Think Tank
SC Security & Risk Mgmt: Page 378
Trace One, SGS Launch New Tool for Supply-Chain Visibility
Trace One has joined with SGS to create an integrated platform that provides "farm-to-fork" visibility throughout the supply chain for brand owners, manufacturers and suppliers.
Being Safe Is Not So Easy
Analyst Insight: There is now a false sense of security in supply chain risk management. Sixty-eight percent of companies believe they are better prepared than five years ago, yet supply chains experience an average of three material disruptions a year, according to Supply Chain Insights. Supply chain preparedness is for standard risk factors, such as financial viability, natural disasters, product quality, globalization and outsourcing. But, what about other risks and the security of supply chain? – Mickey North Rizza, VP Strategic Services, BravoSolution
Can We Really Scan Every Container for Terrorist Threats?
Is it feasible to scan every one of the 15 million containers that enter U.S. ports each year? With a new technology, the long-term answer might well be yes.
The Four Pillars of Supply Chain Risk
Analyst Insight: In 2009, Dr. Robert Trent, Lehigh Supply Chain Management Department Chair, and I began to discuss supply chain risk in terms of how it was negatively impacting companies around the world. This dialogue led to capturing as much information available on the subject, codifying, classifying and developing a framework which became a graduate class in supply chain risk management and ultimately a new book, just launched, entitled Supply Chain Risk Management: An Emerging Discipline. – Gregory L. Schlegel, Founder, The Supply Chain Risk Management Consortium, and Adjunct Professor, Supply Chain Risk Management, Lehigh University
The Supply Chain Has a Major Impact on Your Corporate Reputation
Analyst Insight: In optimizing their global supply chains, companies focus on quality, cost and service metrics and trying to maximize return on their investments in supply chain projects. What is often overlooked is the major impact that supply chains have on intangible capital of a company – its corporate reputation. – Viktoria Sadlovska, Research Director at Reputation Institute
Is There An Opportunity for Supply Chain Risk and Vendor Risk Convergence?
Analyst Insight: The complexity of modern supply chains introduces a wide variety of risks into business operations. Supply chain professionals primarily worry about logistics and planning challenges, but a host of legal exposures can come into play as well. The management of these vendor risks typically falls to legal and compliance stakeholders, but ultimately impacts supply chain activities. This creates a unique need for integration between solutions supporting risk and supply chain management. – David Houlihan, Principal Analyst at Blue Hill Research
Globe Tracker Integrates Technology With Advantage PressurePro
Globe Tracker International ApS, a provider of asset-tracking and cargo-monitoring systems, has entered into a strategic alliance to integrate its technology with that of Advantage PressurePro, a vendor of services for tire performance management.
Epicor Issues New Version of Eagle N Series, Acquires Insite Software
Epicor Software Corp has released version 24.1 of the Epicor Eagle N series for retail business management.
Recalls in Automotive Industry Lead Reverse Logistics Activity in 2014, Report Says
Reverse logistics last year was punctuated by the record-breaking recall activity in the automotive industry, which created momentum that is now carrying into 2015. According to the Q4 Recall Index analysis from Stericycle, there was an unprecedented 74 million automotive units recalled throughout the year, an increase of 166 percent from 2013. Top affected products included air bags, which made up 34 percent of the total units recalled, and electrical systems, which impacted 31 percent of the units.
Hard Lessons in Disruption: What the West Coast Port Slowdown Really Taught Us
With a tentative agreement in place between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA), the 7-month-long West Coast port crisis has come to an end. What comes next is the final body count - what percentage of GDP shrank because of the slowdown? What was the impact on the trade deficit? Who got hit hardest, and just how hard? Then what? There may be a collective sigh of relief in the air, but can things really go back to normal? Should they?
Five Top Supply Chain Disruption Events of 2014 Highlighted in Report
The top five events causing disruption to supply chains in 2014 were Typhoon Halong in western Japan with a revenue impact of more than $10bn, severe flooding in Long Island, New York, with a revenue impact of more than $4bn, Typhoon Rammasun in China and Vietnam, which caused a revenue impact exceeding $1.5bn, the Taiwan gas explosions and their $900m impact, and the Intel hazardous chemical spill in Arizona, which also had a revenue impact that topped $900m.
Six Challenges for Supply Chains in Emerging Markets
What does it take to overcome the logistics challenges of serving customers in emerging markets?
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