Risk Management

3 Ways to Mitigate Supply Chain Slowdowns

As the supply chain faces factory closures and limited access to employees and logistics to move goods amid the COVID-19 outbreak, leaders can help ease disruption by focusing on their workforce, products, and costs. Gartner recommends: 1. Support Your Workforce To limit the impact of COVID-19, governments and employers instructed many employees to stay at […]

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U.S. States Reopen During COVID-19 Pandemic

Alabama Gov. Kay Ivey, a Republican, is allowing her state to start reopening on April 30, 2020, after her stay-at-home order expires. “As of this week, we no longer believe our hospitals will see an overwhelming amount of ICU patients who need ventilators, as we once believed, and that is sure good news,” Ivey said. […]

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How IoT Can Optimize Overwhelmed Supply Chains

With more and more brick-and-mortar shops temporarily closing their doors due to the COVID-19 pandemic, there’s immense pressure on retailers to deliver much-needed supplies to individuals at home. More packages—including crucial deliveries of food, medications and sanitation supplies—need to be shipped, which increases the pressure on supply chains to perform as efficiently as possible. At […]

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4 Ways to Safeguard and Stabilize Your Supply Chain

Stabilizing core business operations, managing risk, and taking steps to perfect and enforce rights under existing agreements and insurance policies should be key priorities at this stage of your company’s response to COVID-19. Here are four strategies for supply chain professionals, in-house counsel, and risk managers to keep in mind as they work with their […]

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