Articles

Risk Management

Kevin Pollack

Defending Against the Global Recall Threat

As international supply chains and distribution networks grow in prevalence and complexity, operating risks and logistics are becoming increasingly difficult to mitigate. The challenge of managing the multitude of variables is compounded by the speed at which today’s supply chain must operate. One key area affected by the global economy is product recalls. The number […]

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Brad Brennan

The Importance of Contingency Planning in Automotive Supply Chains

Emergency logistics specialists have been championing the benefits of focused supply chain management for a long time, and the adoption of such policies by vehicle manufacturers is enabling the introduction of new, dynamic, and higher-risk logistics strategies. Supply chain contingency can not only safeguard current operations, but provide support for the increasingly fleet-footed manufacturing footprint […]

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Ax Torres: Plowing Ahead

Ax Torres: Plowing Ahead

Ax Torres is outbound shipping supervisor at AGCO Corporation, one of the world’s largest manufacturers of agricultural machinery. Based at the AGCO Parts Division in Batavia, Ill., he has worked in this position since 2013. Responsibilities: Supervise outbound processing and shipping of parts; monitor warehouse functions and supervise materials handling operators; work with carrier procurement […]

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Global Logistics—January 2014

Global Logistics—January 2014

Supplier Risk Threatens Expansion Nearly seven out of 10 business leaders believe supplier risk analysis will become more complex as they expand into new global markets, according to the Economist Intelligence Unit report Strategies for Managing Customer and Supplier Risks, sponsored by Dun & Bradstreet. Adverse events associated with suppliers are becoming more frequent and […]

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Trends—December 2013

Trends—December 2013

Predictive Analytics: A Sure Thing Here’s a forecast you can count on: Cloud-based predictive analytics offerings are increasingly available to more companies of all sizes. More than 90 percent of the 350 companies polled in a new survey conducted by California-based research firm Decision Management Solutions say they expect to deploy predictive analytics functionalities within […]

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Mike Nervick

Expecting the Unexpected: The True Test of Leadership

Regardless of whether you run a global organization or are just starting your logistics career, you already know that no two days in this business are ever alike. Every day is unique depending on what customers are being served, and where their goods are being shipped. Some days require more fortitude than others, however. Issues […]

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Lorcan Sheehan

Preparation: Your Best Asset in Managing Supply Chain Disruptions

Supply disruptions occur daily, caused by delayed deliveries; weather impacts on inbound supply; and prolonged standstills associated with natural disasters, port labor strikes, or critical supplier failures. Whatever the reason for the disruption, supply chain managers prove their value by delivering—no matter the circumstances. An active risk management process helps identify a range of possible […]

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Jose Minarro

C-TPAT: Building Safer Supply Chains

The growing security concerns companies face in the global market make it critical to understand potential supply chain risks, and establish a managed, proactive approach to security. One significant step companies can take to protect their supply chains is becoming a member of the Customs Trade Partnership Against Terrorism (C-TPAT) program. As C-TPAT members, organizations […]

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Steve Sensing

Shoring up Sourcing Strategies

Q: What factors are driving reshoring/near-sourcing consideration? A: A balance in labor rates between China and North America is warranting a second look at sourcing and manufacturing closer to demand. Mexico may be a first choice because of its labor cost differential, but the United States, with the promise of cheaper energy, presents another opportunity. […]

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Carlos Alvarenga

Bringing Risk Management into the Heart of the Supply Chain

When supply chain executives are asked about the amount of contact they typically have with their chief risk officer, the answer is typically, "Not much." And they might add that their interaction usually involves providing input into enterprise risk management (ERM) for an update to their board. When asked whether the ERM team plays an […]

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Minimizing Supply Chain Risk

Lean concepts such as just-in-time, virtual inventory, supplier rationalization, and fewer distribution facilities reduce total supply chain costs. They also increase supply chain risk. Chris Cameron, solution architect at Exton, Pa.-based supply chain solutions provider Elemica, offers these tips for preventing supply chain disruptions. 1. Identify and assess current risk. Quantify and prioritize risk, then […]

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Lorcan Sheehan

Holiday Rush Planning: How to Mitigate Risk in a Volatile Market

In today’s globalized supply chain, extended manufacturing and transportation lead times dictate that retailers complete most holiday season planning in June and July. These plans are based on the best available intelligence at the time, including consumer forecasts, retailer promotions, and the competitive landscape. Within the build window for seasonal holiday demand, the industry is […]

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How to Manage the Supply Chain Following a Natural Disaster

How to Manage the Supply Chain Following a Natural Disaster

Planning for supply chain exceptions is increasingly an expectation for risk-sensitive shippers. The last decade has unleashed a flood of global weather disasters, from Hurricanes Sandy and Katrina to the eruption of Iceland’s Eyjafjallajokull volcano to the earthquake and tsunami in Japan. Each has impacted business operations in different ways. Failing to properly react to […]

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