Articles
Disruption Mitigation
Reducing the Impact of Global Events
The global supply chain became even more connected in 2022. The U.S. Commerce Department reported record exports to 73 countries last year, and record imports from 90 nations. But the supply chain remained highly fragile and became a bigger responsibility to manage.
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Hurricane Season – 11 Questions to Ask Yourself
Hurricane season for 2023 is upon us. And it’s never too late to be properly prepared. It’s always better to be over-prepared and then nothing happens than to be under-prepared and a major storm comes your way. Every business owner, regardless of the type of work they do, should address the following 11 questions in […]
Read More3 Strategies for Supply Chain Resilience
Supply chain disruptions can cost an organization 45% of its annual profits over the course of a decade, which makes figuring out how to live with disruption critical, as a global economy built on clear predictability is not viable.
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Tear It Down Then Build It Up
Recent systemic supply chain challenges have forced some companies to scrap contingency plans and rebuild their supply chains from the ground up. This has created demand for relevant business interruption coverage, according to a new WTW study. The survey polled supply chain risk decision makers in industries including life sciences, semiconductors, food and beverage, agriculture, […]
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Navigating Freight Embargoes: No Need to Panic
Q. Unexpected weather events are on the rise. Is it time to panic over freight embargoes? A. As weather-related events become more common, what are the chances that freight embargoes could disrupt a somewhat upbeat outlook? There’s always a chance that a carrier will set a freight embargo, even in relatively normal years. Freight embargoes […]
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Disruption-Busting Moves for 2023 and Beyond
During a downpour of disruptions, these maneuvers can ensure your supply chain can withstand volatility and even thrive through upheaval and inclement conditions.
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