Articles
Risk Management
To Catch a Thief: 5 Ways to Boost Cargo Security
With cargo thefts surging, bolstered by sophisticated new tech-based methods, it has never been more important for shippers and their partners to emphasize security best practices.
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Gaining Visibility to Supply Chain Blind Spots
Keeping supply chain risks in your line of sight can protect your profits, people, and productivity.
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Automakers Shift to Smart Supply Chains
Although the pandemic may be over, auto suppliers and original equipment manufacturers (OEMs) are still grappling with supply chain issues such as concern over net-zero promises, the growing EV market, geopolitical conflicts, evolving trade agreements, natural disasters, and high interest rates deterring shoppers.
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What You Don’t Know About Your Suppliers Can Hurt You
Most companies run credit checks to make sure their suppliers are stable. But how can executives keep up with the news and other crucial reports to see if those suppliers will keep their commitments?
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Auto Industry Shifts Logistics Strategies
While companies across industries and sizes are making changes to mitigate supply chain risk, the automotive industry seems to be leading the way on some of the top trends.
Read MoreIf You Don’t Quantify Risk, COVID Didn’t Teach You Anything
No one would argue after the events of the past three years that supply chains aren’t broken. Wild discrepancies between supply and demand resulted in a crazy roller coaster effect that vacillated between too much inventory and empty shelves. Billions of dollars of goods sat for weeks or more on transatlantic barges while consumers cashed their stimulus checks, ready to spend.
Read MorePreparing Now For What the Future May Bring
In 2022, it became clear that effective supply chain risk management (SCRM) is not a luxury but a necessity. The year saw numerous disruptions to global supply chains, including Russia’s invasion of Ukraine, the Log4Shell vulnerability, and concerns over rail strikes.
Read MoreManaging Supplier Risk: It’s All About the Information
What was once “nice to have” information has been defined by law. As social and environmental concerns grow, governments and related third parties are demanding, with regulatory backing, that businesses manage ethical supply chains. What can large organizations with complex supply chains do to help mitigate supplier risk?
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How SMBs Can Re-evaluate Risk
Supply chain disruption has been a major issue since the onset of the pandemic, affecting consumers’ ability to get everything from toilet paper and pharmacy items to cars and houses. At the same time, porch-pirated theft is on the rise, with around 210 million packages disappearing from porches across the United States in 2021, according to a Safewise study.
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5 Ways to Prepare for Supply Chain Disruptions
If we’ve learned anything during the past two years, it has been about market disruptions—even to the point of the disruptions being disrupted. While accurate crystal balls are tough to come by, let’s explore five trends and how they may provide clues to solve for continued supply chain disruptions.
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