Articles
Risk Management
Useful COVID-19 Information & Guidance
The following links provide practical information and official guidance related to COVID-19, including new workplace guidelines, frequently asked questions, and updates from the government. CDC’s official guide for business OSHA’s guidance on preparing workplaces for COVID-19 EPA’s list of disinfectants suitable for use against COVID-19 John Hopkin’s Coronavirus Dashboard showing real-time data on COVID-19 spread […]
Read MoreThe Global Economic Impact of COVID-19
When the novel coronavirus, now named COVID-19, first crept up in the city of Wuhan, China, in early 2020, no one could have predicted how this new virus would ultimately disrupt the global economy. Now, many around the world are contemplating how global supply chains may be affected and how things will play out in the next few months.
Read MoreResilient Risk Management in the Face of Hurricane Season
Over a decade ago, the storm surge associated with Hurricane Katrina was 25 to 28 feet above normal tide level. Storm surges of that magnitude have the ability to inundate two-thirds of interstate highways, 29 airports and virtually all ports in the Gulf Coast area, and that doesn’t take into account the damage from waste. […]
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Using Real-Time Tech to Mitigate Risk
Mitigating risk is one of the most challenging aspects of managing shipping logistics. The good news: Help is available.
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Eight Ways to Minimize Supply Chain Risk
Supply chain attacks aren’t anything new, but threat actors continue to find new ways to breach networks. The 2013 Target breach and more recent NotPetya, Trisis, and Wipro compromises serve as not-so-gentle reminders that supply chain attacks are damaging and costly and present many risks to both businesses and their suppliers.
Read MoreSoutheast Ports Close in Advance of Hurricane Dorian
Though it has yet to land state-side, Hurricane Dorian is already a force to be reckoned with. In fact, it’s considered one of the most powerful storms ever recorded in the Atlantic Ocean. Supply chain professionals are bearing down and preparing for the worst after the Bahamas suffered severe blows from the natural disaster. With […]
Read MoreManaging Risk and Building Resilience
Antonio Galvao is chief supply chain officer for DuBois Chemicals, which creates custom chemistry, equipment, and process solutions. Responsibilities: End-to-end supply chain, including manufacturing, planning, logistics, procurement, and quality. Experience: VP, logistics and distribution, Americas, and VP, global logistics GISC, Johnson Controls; VP of supply chain, Africa, Middle East, Turkey, and Central Asia, and VP, […]
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Five Ways a 3PL Helps Mitigate Supply Chain Risk – Phoenix Logistics
Partnering with a 3PL offers a buffer between the shipper and the ever-shifting challenges of the logistics realm.
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5 Tactics for Managing the Unexpected
No supply chain is immune from risk, and the farther a company’s supply chain traverses the globe, the more opportunity for things to go awry. Companies can take proactive steps to ensure they won’t be blindsided by sudden changes to their supply chain. Taking out a credit insurance policy from a credit insurer is just […]
Read MoreMitigating Cargo Theft Risk
Cargo theft continues to be a challenge to shippers, totaling an estimated $145 million in losses each year in North America. 1. Develop a plan. Establish security procedures for carriers hauling your freight. Ask drivers not to stop within the first 250 or 300 miles of pickup unless there is a real emergency. It’s not advisable […]
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