Risk Management

Bindu Sundaresan

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.

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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 […]

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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 […]

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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 […]

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Ali Hasan R.

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.

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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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