Risk Management Archives - Page 3 of 20

Air Cargo Today: Buckle Up!

Experts offer tips and advice for riding out the turbulent airfreight market.

November 16, 2021 | Risk Management | Technology

Survive or Thrive? How Did Your Supply Chain Weather the COVID Pandemic?

What distinguishes companies that thrived from those that barely survived? The eighth MHI Annual Industry Report uncovers the answers.

November 2, 2021 | Risk Management | Security | Technology

Best Practices to Protect Supply Chains

With the rapid adoption of cloud computing and the Internet of Things (IoT), the supply chain has many new entry points and attack surfaces for cybercriminals to infiltrate. Implementing these best practices help manufacturers continue to innovate, create new products and services, and increase profitability, while maintaining a competitive edge.

October 3, 2021 | Labor Management | Legislation, Public Policy, Regulations | Risk Management

Preparing for the Next Big Disruption

Supply chains are rarely at the forefront of everyday discourse—until a problem arises. Empty shelves that normally hold ample supplies of toilet paper, cleaning products, or even meat and poultry, provide just a glimpse of the massive impact the pandemic had on international supply chains.

September 20, 2021 | 3PL | Demand Planning | Risk Management

Leveraging 3PLs to Ease COVID Business Growing Pains

As the COVID-19 pandemic swept the nation, a second and unexpected problem emerged along with it: A shortage of toilet paper. Panic-buying and hoarding left store shelves empty. New deliveries routinely were sold out within minutes. And toilet paper manufacturers, who had long ago leaned out their operations in an effort to maximize profit, found […]

September 17, 2021 | Demand Planning | Retail | Risk Management

How to Avoid Fragile Supply Chains

Supply chains breakdown in different ways, and each type of risk needs its own mitigation strategy. External shocks Supply and demand shocks and shifts are one reason why supply chains break down. One example of a supply shock would be a supplier delivering late or not at all, which frequently happened in 2020. A demand […]

September 2, 2021 | Risk Management | Supply Chain Management

Enabling Supply Chain Agility

The world is in the midst of mass disruption due to the global spread of the COVID-19. Entire industries face new challenges as a result of this pandemic. Workers are finding themselves having to perform jobs remotely, suppliers looking for new ways to connect, and logistics solutions are being put to the test. Unfortunately, it […]

September 1, 2021 | Demand Planning | Risk Management | Technology

3 Ways to Bolster Your Supply Chain

Organizations across industries have spent decades optimizing supply chains for maximum profit, but the pandemic highlighted almost overnight how little attention these companies have paid to resilience. As production and mobility of goods experienced historic disruptions, demand quickly exceeded supply and forecasts have failed to produce reliable information for months.

| Partnership | Risk Management

10 Ways to Improve Your Supply Contract

Brexit, COVID-19, and the Suez Canal congestion brought Force Majeure clauses in supply chain contracts into sharp focus. Force Majeure clauses seek to limit the liability of a party whose performance is affected by an unforeseen event beyond that party’s control.

August 31, 2021 | Food Logistics | Retail | Risk Management

For Beyond Meat and QSR Brands, Asking “What if?” Will Prevent “What Now?”

The supply chain disruptions of 2020 resulted in a highly challenging year for the quick-service restaurant (QSR) industry. Wendy’s, for instance, ran out of menu items containing beef in almost one-fifth of its restaurants. As a result of the beef shortage, Wendy’s, along with McDonald’s and Burger King, resorted to importing beef during the earlier […]

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