risk management

Imagine ordering a smartphone online, expecting swift delivery, only to receive a notification that the estimated arrival time has been pushed back by several months. This kind of delay is…

Resilience in supply chain management is essential for keeping businesses steady amid global disruptions like natural disasters, geopolitical shifts and economic shocks. Companies that build resilient supply chains are better…

AI technology continues to take the world by storm with its innovative tools and revolutionary systems. Industries around the globe are reaping the benefits, including the construction supply chain. AI…

Complex processes demand ever faster response times and decisions across the entire supply chain. The concept of real-time IT is becoming a key theme, especially in the business sector of…

The recent worldwide turmoil due to the pandemic has forced organizations to rethink their supply chain strategy. Particularly, right now there is no room for supply chain managers to let…

In terms of conducting business regularly, 2020 has been a transformative year for numerous industries. While shipping and handling remain mostly unaffected by COVID-19 due to their lack of direct…

Since risk is a reality in business, and ‘certainty’ is an extremely expensive proposition, an enterprise’s appetite for risk has always been measured on a sliding scale. Companies with a…

Supply chains around the world are struggling as they face major shifts to production, the movement of goods, modes of transport, and the people who keep everything running. The coronavirus…

Procurement and supply chain management are logical functions. Work through a process, and you can bring spend and transactions into a managed state. Apply a framework and you can bring…

When you look for articles dealing with risk management in the supply chain, most of them are all about the “big” disruptions. Earthquakes, hurricanes, sudden economic crises and events of…