Articles

Risks and Rewards: Risk Management Strategies

Kirsten Wallerstedt

Europe Raises the Compliance Bar. Is Your Supply Chain Prepared?

Sweeping regulatory changes in the European Union (EU)are raising complex questions for businesses and introducing new tensions along the world’s supply chains. Manufacturers and importers will soon be tasked with reporting the origin of some metals and materials used in their products. They also will be responsible for disclosing aspects of their suppliers’ human rights […]

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Raymond G. Monteith

Is Your Business Prepared for the Worst?

Disasters and tragedy happen every day. From fires and theft to severe weather events, we experience disruptive incidents on a regular basis. So how prepared is your business to withstand a crisis? How well have you incorporated risk analysis and crisis preparation into your business operations? Effective risk assessment depends on using our imagination to […]

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Steve Wood

Serialization: It’s the Real Thing

To help combat counterfeiting, the premium beverage industry is taking advantage of serial numbers on product packages to uniquely identify products for increased connectivity throughout packaging operations and the supply chain. Premium beverages such as expensive wine, whiskey, and cognac have become an increasingly active market for counterfeiters in China, India, and Russia. It’s easy […]

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Lorcan Sheehan

Preparation: Your Best Asset in Managing Supply Chain Disruptions

Supply disruptions occur daily, caused by delayed deliveries; weather impacts on inbound supply; and prolonged standstills associated with natural disasters, port labor strikes, or critical supplier failures. Whatever the reason for the disruption, supply chain managers prove their value by delivering—no matter the circumstances. An active risk management process helps identify a range of possible […]

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Avoid Big Losses When Shipping Big Machinery

In their journey from manufacturer to customer, large pieces of sophisticated machinery often sustain costly damage due to lack of care and attention in packaging and handling. The losses, however, often go beyond the machinery’s value. Businesses can also suffer significant production shortfalls if their facilities grind to a halt as they wait for replacement […]

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C. Daniel Negron

New Year, New Insurance Review

The start of the new year is the time to make resolutions, and risk managers should resolve to review their operations to ensure that risk and insurance programs are in order. Your risk review should address several key questions: Are you planning to offer new services? If so, consider your insurance obligations before the transaction […]

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