Risk Management Archives - Inbound Logistics

What You Don’t Know About Your Suppliers Can Hurt You

Most companies run credit checks to make sure their suppliers are stable. But how can executives keep up with the news and other crucial reports to see if those suppliers will keep their commitments?

| Automotive Logistics | July 2023 | Risk Management

Auto Industry Shifts Logistics Strategies

While companies across industries and sizes are making changes to mitigate supply chain risk, the automotive industry seems to be leading the way on some of the top trends.

June 7, 2023 | June 2023 | Risk Management | Supply Chain

If You Don’t Quantify Risk, COVID Didn’t Teach You Anything

No one would argue after the events of the past three years that supply chains aren’t broken. Wild discrepancies between supply and demand resulted in a crazy roller coaster effect that vacillated between too much inventory and empty shelves. Billions of dollars of goods sat for weeks or more on transatlantic barges while consumers cashed their stimulus checks, ready to spend.

March 17, 2023 | Global Logistics | Global Trade Management | March 2023 | Risk Management

Preparing Now For What the Future May Bring

In 2022, it became clear that effective supply chain risk management (SCRM) is not a luxury but a necessity. The year saw numerous disruptions to global supply chains, including Russia’s invasion of Ukraine, the Log4Shell vulnerability, and concerns over rail strikes.

February 1, 2023 | January 2023 | Risk Management

Managing Supplier Risk: It’s All About the Information

What was once “nice to have” information has been defined by law. As social and environmental concerns grow, governments and related third parties are demanding, with regulatory backing, that businesses manage ethical supply chains. What can large organizations with complex supply chains do to help mitigate supplier risk?

December 5, 2022 | December 2022 | Risk Management

How SMBs Can Re-evaluate Risk

Supply chain disruption has been a major issue since the onset of the pandemic, affecting consumers’ ability to get everything from toilet paper and pharmacy items to cars and houses. At the same time, porch-pirated theft is on the rise, with around 210 million packages disappearing from porches across the United States in 2021, according to a Safewise study.

September 20, 2022 | Risk Management | Supply Chain Management

5 Ways to Prepare for Supply Chain Disruptions

If we’ve learned anything during the past two years, it has been about market disruptions—even to the point of the disruptions being disrupted. While accurate crystal balls are tough to come by, let’s explore five trends and how they may provide clues to solve for continued supply chain disruptions.

August 31, 2022 | Risk Management | Supply Chain

Top 5 Supply Chain Disruptions

New data from Resilinc highlights the top drivers of supply chain disruptions for the first half of 2022. From January through June, Resilinc’s EventWatchAI platform alerted its customers to an astounding 7,929 potential supply chain disruptions (a 46% YoY increase) with the life sciences, healthcare, high-tech, and automotive industries being most impacted. The top five […]

July 28, 2022 | Risk Management | Supply Chain

Leveraging Freight Brokerage to Solve Supply Chain Disruption

As shippers deal with capacity issues, rate volatility, and service disruptions, a freight broker can help mitigate challenges so shippers can focus on their core strengths. Aligning your organization with a reputable freight broker with robust solutions and real-time visibility can solve many transportation disruptions. There are many types of brokers in the market—the key […]

Say Yes to the YMS

Companies sometimes overlook how important the yard is to their success. Without proper management, facilitated by a yard management system (YMS), pile ups can lead to delays, fees, and a full shipment of stress.

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