Risk Management

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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Gordon Cessford

7 Smart Steps to Minimize Risk

Inherent risks exist in trading globally that businesses don’t have to deal with when they keep things closer to home. But the rewards of expanding to new markets can far outweigh those hazards, especially if you take the following steps to minimize and manage your exposure to risks.

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Is Your Supply Chain Resilient? How Manufacturers Can Map Dependencies and Minimize Risk During COVID-19

The COVID-19 pandemic has dramatically disrupted many global supply chains, and there is no way of knowing when the disruptions will peak or begin to return “normal.” Presently, the focus on public health and welfare is paramount—the ability of nations to contain the pandemic comes first. But the health of the global economy is also […]

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