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SC Security & Risk Mgmt: Page 425

How The Right Insurance Can Help Protect Your Supply Chain

On March 11, 2011, a tsunami off the coast of Japan caused human tragedy on a massive scale, killing thousands and rendering more than half a million homeless. The tsunami also wreaked havoc on business supply chains worldwide. Toyota and Honda experienced a 30-percent and 60-percent decline in profit, respectively, which both attributed to production lags caused by limited supplies of parts after the tsunami. The tsunami caused an estimated $40bn in economic losses due to interruptions in global supply chains.

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How Much Inventory Do You Really Need?

Inventory is evil. Inventory is essential. The two statements aren't necessarily contradictory. Not if companies can figure out a way to determine the absolute minimum amount of stock needed to keep customers happy, while maintaining a tight lid on costs.

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Inttra Offering Shippers Access to Marine Cargo Insurance

Inttra, a global, multi-carrier shipping network for ocean freight, is now offering its shipper members access to cargo insurance from Lloyd's of London broker FP Marine Risks.

Collaboration Is the Trend In Managing Today's Sustainable Supply Chains

There is only so much that a single organization is going to be able to achieve to improve the impact it has on the environment or society, without collaborating with the wider aspects of its supply chain.

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GE Capital Fleet Services Unveils Driver Accountability Tool

GE Capital Fleet Services has introduced Driver Accountability, a service that is intended to manage truck driver violations and related expenses.

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In an Effort to Achieve 'Conflict-Free' Supply Chain, HP Releases List of Its Mineral Smelters

HP has published a list of the 195 smelters that have been identified within its supply chain. The move is designed to achieve a conflict-free supply chain for itself and to encourage the entire industry to move toward greater utilization of conflict-free smelters and refiners.

Growing Industry Trends Depend on Optimization Tools

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Mobility Solutions Boost Supply Chain Efficiency

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IBM Predictive Analytics System Designed to Deter Disruptions Within Supply Chains

IBM announced a new predictive analytics solution to help enterprises identify and root out problems that could lead to asset failure. These new business consulting services and software are aimed at helping decision makers predict and prevent damaging supply-chain disruptions.

Wal-Mart Says It Will Promote Safety Training in Global Supply Chain

Wal-Mart Stores Inc., the world's largest retailer, says that after a fire at a Bangladesh factory last year killed 112 people it is making its biggest push yet to try to improve conditions at factories that produce its clothing.

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Cost of Combating Somali Piracy Declines as Number of Attacks Reduced

The cost of Somali piracy to the global economy has declined by 12.5 percent since 2011 as attacks fell sharply, a survey showed, but the cost of armed guards to protect ships soared. The annual report by the Oceans Beyond Piracy advocacy group estimated the cost of piracy at $5.7bn to 6.1bn in 2012.

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No Company Is an Island: Why Collaboration Is Imperative

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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