Articles
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. […]
Read MoreCOVID-19 Pandemic: Do Your Shipments Have the Right Protection?
Despite the many events that can disrupt today’s complex global supply chains, shippers too often don’t make cargo risk-management planning a priority for their business. But now, with the emergence of the coronavirus and its disruption of global trade, many shippers are seeing the value in such planning. Shipping delays are a very real possibility […]
Read MoreHow 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 […]
Read MoreCOVID-19 Is Supply Chain’s Wake-Up Call
The power of centralized organizations must harness and unleash the strengths of decentralized communities to help beat this crisis.
Read More4 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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When Bad Things Happen to Good Supply Chains
In the face of trade uncertainty and disruption, importers stay resilient.
Read More10 Ways to Prepare for Global Trade Disruption
Finished goods importers are especially vulnerable when unexpected disruptions take place. These suggestions can help you through what is shaping up to be a trying 2020.
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4 Steps to Ensure Port Resiliency After a Critical Incident
Across the nation, seaports support more than 30 million jobs and have an economic impact of more than $5 trillion. In my home state of Florida, our ports support nearly one million jobs and have an annual impact of more than $117 billion.
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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.
Read MoreIs 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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