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…
Tag:
risk management
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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…
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GeneralSupply Chain Management
Re-establishing the Enterprise’s Risk Appetite
by Kelly Barnerby Kelly BarnerSince 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…
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GeneralSupply Chain Management
3 Supply Chain Risk Management Lessons to Use During Coronavirus Crisis
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…
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Supply Chain Management
Policy or Practice? Supply Chain Risk Management in Reality
by Kelly Barnerby Kelly BarnerProcurement 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…
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Supply Chain Management
Micro-Risks – A New Perspective on Supply Chain Risk Management
by Kai Keppnerby Kai KeppnerWhen 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…
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Friday the 31st of January 2014 marked the beginning of the Chinese New Year, leaving the year of the snake and entering the year of the horse. Perhaps you saw…