Articles
Supply Chain Security
Eight Ways to Minimize Supply Chain Risk
Supply chain attacks aren’t anything new, but threat actors continue to find new ways to breach networks. The 2013 Target breach and more recent NotPetya, Trisis, and Wipro compromises serve as not-so-gentle reminders that supply chain attacks are damaging and costly and present many risks to both businesses and their suppliers.
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The ABCs of Supply Chain Cybersecurity
Supply chain cybersecurity is one of the biggest issues facing logistics planners.
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Fighting Counterfeit Products
As pharmaceutical and food supply chains become more global, the risk of fraud, substitution, and counterfeiting increases. Consumers are demanding more transparency and safety adherence as these issues arise. Consumers are also increasingly concerned about the source of their products and the conditions under which they are manufactured. In the pharma supply chain, patients are […]
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5 Ways to Cut the Risk of Cargo Theft
Risk models provide a key advantage to firms operating globally, and are the first step in identifying key trade lanes, business partners, and the areas most likely to cause harm. The more you know, the easier it is to manage the risk. While risk modeling is an important part of the Customs-Trade Partnership Against Terrorism […]
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How Secure Is Your Air and Ocean Cargo?
Air and ocean cargo security remains a high priority for supply chain managers across the globe. While cargo theft has been a concern for years, organizations also contend with the risk of terrorist groups uncovering vulnerabilities in global supply chains to carry out illicit cross-border operations. While the United States introduced the C-TPAT program in […]
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Protect Your Cargo With Vehicle Tracking
Transit cargo is one of the most vulnerable parts of the supply chain and the level of theft sophistication is on the rise. According to TT Club, a leading international transport, freight, and logistics insurance provider, theft is a top reason for claims. The total value of TT Club claims over a five-year period starting […]
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4 Ways to Ensure Your Valuable Shipments Arrive Safely
Every shipment contains something of value to the sender and receiver. That package may have an extraordinarily high monetary value with little emotional equity, or incredibly high emotional value for the recipient but little financial worth. For example, let’s take a shipment containing temperature- or time-sensitive pharmaceuticals for patients in a new drug trial. The […]
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C-TPAT: Building Safer Supply Chains
The growing security concerns companies face in the global market make it critical to understand potential supply chain risks, and establish a managed, proactive approach to security. One significant step companies can take to protect their supply chains is becoming a member of the Customs Trade Partnership Against Terrorism (C-TPAT) program. As C-TPAT members, organizations […]
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TAPA Standards Safeguard Cargo
Cargo theft is a major concern for high-value, high-risk product manufacturers and their logistics service providers. In the third quarter of 2011 alone, 263 cargo thefts of building/industrial, electronics, and consumer care products occurred in the United States, according to logistics security firm FreightWatch International. One way to help ensure cargo safety in storage facilities […]
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Are You Effectively Managing Supply Chain Risk?
The events of Sept. 11, 2001, changed the way global businesses operate. The need for supply chain transparency has expanded beyond shipment tracking to include knowing trading partners’ background, the processes they handle, and the risk inherent at each stage of the supply chain from the factory floor to ultimate destination. Many regulations affect the […]
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