Post Tagged with: "Supply Chain Risk Management"

Ignorance isn’t bliss – it’s a supply chain nightmare in the making

Ignorance isn’t bliss – it’s a supply chain nightmare in the making

All supply chain managers are only too keenly aware of the fact that transporting freight around the world in this day and age is fraught with potential problems. With climate change worries constantly being broadcast, severe weather events around the globe, natural disasters such as earthquakes, eruptions and tsunamis stacking up, who knows where the next serious disruption will hit? […]

by · August 15, 2015 · Supply Chain Risk Management
Supply Chain Management must learn to deal with the increased global risk factor

Supply Chain Management must learn to deal with the increased global risk factor

The Quarter One Global Risk Index 2015 compiled by the Chartered Institute of Procurement and Supply (CIPS) warns of a minefield of risks to supply chain management and managers that could lead to significant supply chain disruptions in the near future. The Quarter One Risk Index recorded that global risk is being heightened by falling commodity prices which are impacting […]

Developing Supply Chain Management Philosophy alongside NIST Supply Chain Risk Management Guidelines

Developing Supply Chain Management Philosophy alongside NIST Supply Chain Risk Management Guidelines

One key element to good supply chain management is the mitigation of risk. A new publication entitled “Supply Chain Risk Management Practices for Federal Information Systems and Organizations” produced by The National Institute of Science and Technology (NIST) has just been released. Its focus is the supply chain risk management (SCRM) that is inherent when new IT systems are being […]

The importance of supply chain risk management

The importance of supply chain risk management

Significant interruptions to global supply chains can cause major disruptions. They can drastically affect your company’s revenue, cut into its market share, send costs soaring above budget, and threaten real-time production and distribution. It’s impossible to sell goods if they cannot be manufactured or delivered. These sorts of disruptions can adversely affect your company’s credibility with clients, investors and stakeholders, […]

by · February 12, 2015 · Supply Chain