Articles
Risk Management
COVID-19 Supply Chain Resources & Strategies
Redefining Global Supply Chain Management The traditional ways of managing the supply chain may have changed forever as COVID-19 brings heightened awareness of its fragility. Every shipper, carrier, and logistics manager appreciates there could be a significant paradigm shift for future sourcing and inventory management. While just-in-time shipment delivery with tight inventory-to-sales ratios were the […]
Read More3 Ways to Mitigate Supply Chain Slowdowns
As the supply chain faces factory closures and limited access to employees and logistics to move goods amid the COVID-19 outbreak, leaders can help ease disruption by focusing on their workforce, products, and costs. Gartner recommends: 1. Support Your Workforce To limit the impact of COVID-19, governments and employers instructed many employees to stay at […]
Read MoreLabeling Is Key in Keeping Up with Today’s Supply Chain
COVID-19 has created unprecedented challenges for supply chain and logistics management. Products like canned food, toilet paper, and cleaning supplies have seen a significant rise in demand, while the demand for oil and refined products has slowed down. At the same time, e-commerce is booming, and some companies are struggling to meet the demand. Multiple […]
Read MoreU.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 […]
Read More
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.
Read More
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.
Read More
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 […]
Read MoreUseful 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. […]
Read More
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.
Read More
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, […]
Read More