| Articles Tags | Risk Management

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 […]

March 15, 2016 | Logistics | Risk Management | Supply Chain | Supply Chain Management

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 […]

Is Your Business Prepared for the Worst?

Disasters and tragedy happen every day. From fires and theft to severe weather events, we experience disruptive incidents on a regular basis. So how prepared is your business to withstand a crisis? How well have you incorporated risk analysis and crisis preparation into your business operations? Effective risk assessment depends on using our imagination to […]

Global Logistics—January 2016

It’s Not Easy Beijing Green China reached its highest level of air pollution on record in December 2015. The smog in Beijing was so bad that the government issued a series of red alerts (the highest alert on a four-tier scale) spanning days. The alerts forced more than 2,000 factories to reduce or shut down […]

Accelerating Enterprise Logistics With Top-Tier Multi-Modal Solutions

Logistics has evolved into a strategic business concern—from a back office function to a boardroom agenda item—and as a result, enterprises now seek 3PLs with multi-modal capabilities for complete end-to-end integration. By linking all transportation modes, enterprise shippers leverage the entirety of the supply chain to achieve economical logistics performance. Today, it is important for […]

October 22, 2015 | Logistics | Risk Management | Supply Chain

Three Steps to Mitigate Supply Chain Risk…Now

A supply chain vulnerability and risk assessment should be an integral part of any overall supply chain strategy analysis. Unfortunately, this is rarely the case. Many businesses don’t address supply chain vulnerability and aren’t prepared for potential supply chain disruptions due to either random acts of nature or deliberate actions. The recent West Coast port […]

Use Supply Chain Modeling to Mitigate Port Shutdowns and Other Risks

Recent massive strikes among dockworkers on the California coast brought the reality of supply chain continuity planning to the forefront once again for global businesses. The Los Angeles and Long Beach ports handle nearly half of the nation’s cargo, and are the main gateway for imports from Asia, including automobiles, furniture, clothing, electronic products, and […]

Improving Fleet Safety with On-Board Video

Transportation is vital to a supply chain that efficiently manages the flow of goods—physically connecting manufacturers to their customers to provide them access to their favorite products. A break in that link—such as late deliveries, or damaged or stolen goods—can be detrimental to the success of a business, negatively impacting supply chain relationships and, in […]

8 Ways to File Effective Freight Claims

No matter how much you try to prevent cargo loss and damage, well…stuff happens. Follow these eight steps to help recoup your losses.

August 10, 2015 | Logistics I.T. | Risk Management | Supply Chain Management

Reducing Supply Chain Risk by Outsourcing Technology

Supply chain risk management is a major concern for many companies. Risk management data would influence board-level decisions for 70 percent of respondents to a Gartner IT Risk Management Survey, up from just 46 percent a year earlier. While data loss and the threat of cyber-attacks are the most well-known security issues, there are three […]

Three Supply Chain Risks and How to Address Them

Companies face three main sourcing supply chain risks: regulatory, brand erosion, and social compliance. Any one of these issues could lead to lost profits, product recalls, and customer erosion. At the same time, the longer the supply chain—with more levels of suppliers, disparate geographies, and other middle men, the more complex and challenging compliance becomes. […]

Best Practices for Preventing Pallet Rack Damage

Warehouses and distribution centers can be hectic, and it is essential to have solid damage prevention practices in effect to prevent employee injury and minimize loss. However, in an environment where workers are maneuvering heavy equipment and heavy loads in confined spaces, accidents are bound to happen. Even the best driver occasionally has a collision, […]

Customs Compliance: Small Mistakes Can Lead to Big Problems

Diverse, evolving global trade regulations require companies to implement systems and procedures that ensure strict adherence. Large businesses have in-house compliance staff, but those responsibilities might hold a more vague spot in small enterprises. With stiff penalties at stake—penalties that could put some organizations out of business—small companies must take an aggressive stance on compliance. […]

| Logistics | Risk Management | Supply Chain Management

Supply Chain Resilience: Turning Risk Into Opportunity

In today’s global economy, risk is unavoidable. But it also provides opportunity, as a company’s ability to adapt in difficult circumstances is a true source of competitive advantage and precisely defines a winning approach to risk responsiveness. Is your business prepared to mitigate the effects of operational risks, such as Mother Nature throwing a curveball […]

| Logistics | Risk Management | Supply Chain Management

Adding Resilience to Your Supply Chain

MORE TO THE STORY: 4 Tools That Support Supply Chain Resiliency Questions to Answer to Add Resilience to the Supply Chain Natural disasters and other events have exposed weaknesses in lean global, regional, and domestic supply chains, disrupting connections between companies, their suppliers, and their customers. In the next phase of supply chain development, companies […]

January 5, 2015 | Risk Management | Supply Chain Management

Contingency Planning Keeps Freight Moving

In the last few years, everything from a massive earthquake in Japan, to hurricanes on the East Coast threatened our supply chain – a supply chain that increasingly knows no international borders. Whether operations are focused in a small geographic area or span countries and modes, all disruptions have the potential to ripple through our […]

Keeping Vendor Risk Under Control During the Holiday Season

‘Tis the season to be jolly. Yet, for logistics managers, ‘tis perhaps the most stressful time of the year. With businesses offering customers attractive deals and promises of just-in-time delivery, logistics managers are under tremendous pressure to make sure that customer orders are fulfilled in time. Nobody wants to see their name in front-page headline […]

November 24, 2014 | Risk Management | Supply Chain Management

Ensuring Business Sustainability During Disasters, Disruptions, and Service Failures

We have seen horrific natural disasters in recent years that taxed both supply chains and our core businesses. Approximately 85 percent of global supply chains experienced at least one significant disruption during 2013. This affects both an organization’s bottom line and its ability to be there for customers. Businesses that survive natural disasters, operational interruptions, […]

Global Logistics—September 2014

Eruption Disruption: What’s Your Plan? It’s déjà vu all over again. The bubbling Bardarbunga volcano compelled Iceland authorities to raise their aviation warning to orange—the second-highest level—as the possibility for another widespread ash cloud grows more likely. It was a little more than four years ago when an ash cloud from the island’s Eyjafjallajökull volcano […]

Trends—August 2014

Speed Reading: The Same-Day Book Delivery Race is On Amazon had no sooner expanded same-day delivery for select products in six new cities—Baltimore, Dallas, Indianapolis, New York, Philadelphia, and Washington, D.C.—than Google and Barnes & Noble teamed up to deliver books with similar speed. Using Google Shopping Express, bibliophiles in the Big Apple, west Los […]

Risk Management

Visit Our Sponsors