Articles
Risk Management
5 Ways to Cut the Risk of Cargo Theft
Risk models provide a key advantage to firms operating globally, and are the first step in identifying key trade lanes, business partners, and the areas most likely to cause harm. The more you know, the easier it is to manage the risk. While risk modeling is an important part of the Customs-Trade Partnership Against Terrorism […]
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Caldwell Hospital Gets a Lean Bill of Health
A North Carolina hospital improves patient care by prescribing a lean and healthy supply chain.
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GOOD QUESTION | What’s your supply chain resolution for 2017?
“We need to double down on technology. Global supply chains are a chess match, and everyone still seems to want to play checkers with Excel spreadsheets, emails, and phone calls. I’m going to use technology to become Bobby Fischer.”
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Expect the Best, Plan for the Worst & Prepare to Be Surprised
It’s not if your supply chain will be disrupted, it’s when. Risk assessment and advance planning will help minimize the impact on business.
Read MorePreventing Supply Chain Fraud
The consequences of supply chain fraud can be severe, yet many companies significantly under-scrutinize their processes. Smart companies have practices in place to help pinpoint and prevent fraud. Wade McDaniel, vice president of supply chain solutions, Avnet Inc., offers the following insight and recommendations to help your company address supply chain fraud. 1. Admit you […]
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Global Logistics—October 2016
Overcapacity Problems Sink Hanjin Shipping Right in the middle of the peak ocean shipping season leading up to the U.S. holiday rush, South Korean ocean liner Hanjin Shipping filed for bankruptcy protection in one dozen countries in late August and early September 2016. Hanjin is the world’s seventh-largest ocean carrier, and handles nearly 8 percent […]
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Accidents Happen: Is Your Transportation Partner Prepared?
When a personal injury or wrongful death lawsuit is brought against a commercial transportation company after a motor vehicle accident, creative lawyers are increasingly including negligence claims. Such claims focus attention on how the transportation company hires, trains, supervises, and disciplines its drivers. Falling short in these practices can form the basis for a jury […]
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Supply Chain Management Takes Center Stage
The supply management function is in the spotlight as a key driver of profitability. Approximately 82 percent of all chief procurement officers (CPOs) report directly to their CEOs, according to CAPS Research. CPOs have reach, influence, and responsibilities that go far beyond the cost containment practice of the past into virtually all areas of a […]
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Who Are You Doing Business With?
In our ever-connected and increasingly global economy, aggregated, real-time global trade data—such as denied party screening results—helps businesses ensure protection and compliance. Denied party screening is critical in shipping and international trade, and essential for minimizing business risk today. Country governments and international organizations maintain lists of people, organizations, and countries they are prohibited from […]
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Global Logistics—March 2016
What Keeps Supply Chain and Risk Managers Up at Night? Every type of business risk has an impact on the supply chain. And when risk becomes reality, risk managers and supply chain managers work in tandem to keep goods and materials flowing. In 2016, companies need to be prepared and ready to meet the following […]
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