Supply Chain Risk

While we’re entering an era in which companies can detect supply chain risks much more quickly than in the past, new technological solutions and strategies are desperately needed to address the added complexity of global logistics. Managing Supply Chain Risk, Supply Chain Success Strategy, ERP Strategy, Logistical Risk Management, Risk Aversion for Shippers

The World Economic Forum’s “Global Risks Report 2016” finds that supply chain vulnerability is on the rise this year. Furthermore, there’s evidence that the inter-connections between risks are becoming stronger. Suppply Chain Insurance, Cargo Insurance, Supply Chain Risk, Risk Management, Cargo Insurance 2016

With its transportation network running through some of the world’s most complicated and high-risk countries in the world, this global shipper of heavy oil and pipeline equipment describes how the right policy saved it from a catastrophic, million dollar loss. Cargo Insurance, Cargo Security

In a very real sense, supply chain management is about managing risk: anticipating, avoiding, and minimizing supply chain upheavals caused by weather events, political havoc, technology problems, economic turmoil, market changes, currency swings, supply shortages and labor strife, to name but a few.

Building a resilient supply chain requires success in four key areas: policy, strategy, information technology and partnerships.

Direct physical losses from disasters are not only following a steady upward path, but are also rising more rapidly than regional GDP

Some large companies believe that their commitments to risk management stifle innovation.