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Is Supply Chain Risk Management High Enough on Your Priority List?
According to the Dun & Bradstreet-produced CIPS Risk Index, “Global supply chain risk grew to a record high at the end of 2016 as the CIPS Risk Index … rose to 82.64,
In this blog, we discuss cognitive computing and other technologies with a focus on supply chain management and innovation. Other topics of discussion include digital enterprise transformation, marketing, the Internet of Things, and smart cities. Our goal is to advance the public discussion about how cognitive computing and other advanced technologies affect the world in which we live.
Bradd C. Hayes is the active editor of this blog.
According to the Dun & Bradstreet-produced CIPS Risk Index, “Global supply chain risk grew to a record high at the end of 2016 as the CIPS Risk Index … rose to 82.64,
Supply chain risk management is a complicated subject because the number of things potentially affecting operations is almost limitless. As risk management professionals know, there is simply no way a company can
One hundred percent of businesses are concerned about the possibility of a disruption in their supply chain; yet, 40% of “companies do not analyze the source of the disruption, according to the
“Supply chains keep making headlines around the world for the wrong reasons,” insists Boris Felgendreher (@FelgenTweets), Senior Marketing Director for EMEA at GT Nexus,[1] He offers a few examples of supply chain
Nobody likes to get ripped off; but, experts note the holiday shopping season presents an almost irresistible opportunity for thieves. They roam parking lots looking for unattended packages in cars; they break
“Over the past 5 years, supply chain risk management has moved onto the radar of the C-level,” write analysts from Legacy Supply Chain Services, “especially in industry segments like retail, cpg &
There are a lot a moving parts associated with a good supply chain risk management program. First and foremost, a good risk management program constantly scans the horizon looking for threats and
“There’s a saying,” writes Warrick Beaver (@WarrickBeaver), Managing Director of Customer & Third Party Risk at Thomas Reuters, “that you can outsource almost anything, except responsibility.”[1] Beaver explains companies need to be
Supply chain risk management is a full-time job. Logically that means chief executive officers (CEOs) must delegate that responsibility to someone who can dedicate their full attention to the endeavor. Having delegated
“It’s not enough just to manage your own company’s supply chain anymore,” writes Ben DiPietro (@BenDiPietro1).[1] By that he means that supply chains are no longer linear or sequential; rather, they are part of
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