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Articles: Risk Management

Related Articles

Risk Management, Supply Chain Management

137 Tips for a Fully Charged Supply Chain

The ultimate list of tips for charging up your supply chain to full power in 2021 and beyond.

Paul A. Myerson

Finance, Risk Management

Lessons Learned: Risk Mitigation Strategies for the Future

Companies can avoid some of the pitfalls of supply chain risk by developing risk mitigation strategies such as supply chain mapping and applying the lessons learned from the COVID-19 pandemic. To mitigate risk, your company should have these five capabilities.

Labor Management, Manufacturing, Risk Management

COVID-19's Impact on North American Manufacturers

The latest COVID-19 Manufacturing Survey from Thomas Insights illuminates emerging trends in reshoring, labor, and technology, and reveals a positive outlook for the future of manufacturing.

Demand Planning, Risk Management, Technology

COVID-19 Supply Chain Resources & Recovery Strategies

Leaders share best practices for sharpening digital strategy, developing resilience, and improving visibility as shippers re-engage in trade and navigate COVID-19 uncertainty.

David Pignolet

3PL, Risk Management, Security

Three Ways to Mitigate Insider Risk in Your Supply Chain

Without proper identity access and management procedures for third-party users in place, entire supply chains are vulnerable to attacks.

Antony Lovell

Demand Planning, Risk Management, Technology

5 Ways to Attain Resilience

To better weather the next supply chain disruption, organizations should consider these five ways to enhance day-to-day planning and improve shock resilience.

E-commerce, Risk Management, Supply Chain Management

How Will the Future Unfold?

As the coronavirus continues to disrupt global supply chains, Gartner developed three scenarios to help chief supply chain officers (CSCOs) prepare for recovery and make preemptive decisions to set up their organizations for success.

3PL, Risk Management

COVID-19 Resets: Logistics Draws the Line

While the human and financial tolls wrought by COVID-19 are horrific, the pandemic has also brought out the best in many people and the logistics and supply chain organizations with which they work.

Risk Management, Technology , Supply Chain Management

Make a New Plan, Stan

Organizations that have incorporated scenario planning into their process may be better prepared to cope with disruption and uncertainty. For those who have not advanced their planning capabilities, weathering the next disruption may not be as easy.

Risk Management, Technology , Supply Chain Management

COVID-19 Supply Chain Resources & Recovery Strategies

Supply chain leaders share the latest innovations, solutions, e-commerce strategies, and IT operations

Robert Kriewaldt

E-commerce, Risk Management, Supply Chain Management

We Must Learn to Mitigate Supply Chain Disruption from Disasters

While the speed with which the supply chain was disrupted by the coronavirus pandemic put supply chain weaknesses on display, it has also shined a light on where we need to strengthen our capabilities to mitigate future disruptions. Here are some areas the supply chain must address moving forward:

Global Economy, Risk Management

China's Road to Restoration

After reporting no new cases of COVID-19 in March 2020, people are going back to work in China—but companies still face a slow return to production.

Finance, Risk Management, Supply Chain Management

3 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, according to Gartner.

Retail, Risk Management

U.S. States Reopen During COVID-19 Pandemic

Take a look at each state's perspectives, guidelines, and deadlines as they make plans to reopen their local businesses and facilities amid the COVID-19 pandemic.

Risk Management, Supply Chain

When Bad Things Happen to Good Supply Chains

Importers can use these strategies to monitor potential risks to their supply chains, respond effectively when disruptions occur, and work proactively to avoid future disruptions.

Gordon Cessford

Global Trade Management, Risk Management

7 Smart Steps to Minimize Risk

The rewards in expanding to new markets can far outweigh the risks, especially if companies take smart steps to minimize and manage their exposure to risks.

Global Economy, Risk Management, Supply Chain Management

Is Your Supply Chain Resilient? How Manufacturers Can Map Dependencies and Minimize Risk During COVID-19

This is how manufacturers and retailers can map dependencies and minimize risk when facing supply chain disruptions like the new coronavirus pandemic.

Careers, Risk Management, Supply Chain

Managing Risk and Building Resilience

Antonio Galvao, chief supply chain officer of DuBois Chemicals, recounts his history in global logistics and discusses what it takes to succeed.

Matt Emison

High-Value/High-Risk Cargo, Logistics, Risk Management, Supply Chain

High Value, High Risk: How to Make Sure Your Cargo is Protected

Chloe Demrovsky

Logistics, Risk Management, Supply Chain, Security

5 Steps to Protect Your Supply Chain From Cyber Threats

Supply chains are heavily dependent on information technology (IT) systems, but are difficult to secure because they often involve multiple networks working together.

Health Care Logistics, Inventory Management, Lean, Logistics, Risk Management, Supply Chain, Specialized Logistics, Supply Chain Management

Caldwell Hospital Gets a Lean Bill of Health

A North Carolina hospital improves patient care by prescribing a lean and healthy supply chain.

E-commerce, Last Mile Delivery, Retail, Risk Management, Supply Chain

GOOD QUESTION | What’s your supply chain resolution for 2017?

Readers reveal the issues that could disrupt the supply chain…as well as their sleep.

Logistics, Risk Management, Supply Chain

Expect the Best, Plan for the Worst & Prepare to Be Surprised

How prepared are companies for supply chain disruptions such as fire, a data breach, natural disaster or terrorism? Not as prepared as you’d think, considering what’s at stake.

Risk Management, Supply Chain, Visibility

Preventing Supply Chain Fraud

Supply chain fraud remains significantly under scrutinized within many companies. Use these tips to help handle supply chain fraud.

Asia, Global Logistics, Ocean, Ports, Risk Management, Supply Chain, Supply Chain Management, Transportation

Global Logistics—October 2016

South Korean ocean liner Hanjin Shipping files for bankruptcy protection in a dozen countries; Few respondents to a GT Nexus survey say they have a chief supply chain officer on hand who would be equipped to deal with supply chain disruptions; Maersk splits its transportation and oil businesses

Chris Cotter

Partnership, Risk Management, Trucking, Transportation

Accidents Happen: Is Your Transportation Partner Prepared?

It is never too late to improve your safety operations. The changes you make today will reduce your liability exposure for an accident that happens tomorrow.

Thomas W. Derry

Careers, Risk Management, Supply Chain, Supply Chain Management

Supply Chain Management Takes Center Stage

As professionals who understand the entire process of manufacturing, shipping, and marketing products, and who recognize that suppliers can be closely aligned with the company’s goals and objectives, chief procurement officers help define a company’s competitive advantage.

Ken Harris

Global Logistics, Legislation, Public Policy, and Regulations, Logistics, Risk Management, Supply Chain, Technology

Who Are You Doing Business With?

Denied party screening is of critical importance in shipping and international trade, and essential for minimizing business risk today.

Logistics, Risk Management, Supply Chain, Supply Chain Management

Global Logistics—March 2016

The 2016 Allianz Risk Barometer identifies top 10 risks for global companies.

Raymond G. Monteith

Logistics, Risk Management, Supply Chain, Security, Supply Chain Management

Is Your Business Prepared for the Worst?

So how prepared is your business to withstand a crisis? Effective risk analysis and crisis preparation is an essential strategy.

Global Economy, Mexico, China, Global Logistics, Risk Management, Sustainability

Global Logistics—January 2016

Shippers unprepared for supply chain disruptions; China wants pirate hunting base in Horn of Africa; bringing cargo into Kenya; India ramps up transportation infrastructure development; air cargo carriers seek to cut costs without sacrificing growth; Amazon invests in India; China’s greenest supply chains; international shrimp supply chain linked to human trafficking and slavery; World Trade Organization rules to abolish agricultural subsidies; Mexico and U.S. sign liberalized air transport deal; global manufacturers shift production to Bangladesh, Thailand, Korea and Vietnam

Ken Wacker

E-commerce, 3PL, Retail, Third-Party Logistics, Risk Management, Supply Chain

Accelerating Enterprise Logistics With Top-Tier Multi-Modal Solutions

Logistics has evolved into a strategic business concern, driving enterprises to seek third-party logistics (3PL) providers with multi-modal capabilities for complete end-to-end integration.

Dr. Jeff Karrenbauer

Logistics, Risk Management, Supply Chain

Three Steps to Mitigate Supply Chain Risk…Now

Waiting until next week, next month, or next year to address your company’s supply chain vulnerability is a serious mistake, with potentially catastrophic consequences. Use these tips to prepare for potential supply chain disruptions.

Jeff Metersky

Global Logistics, Logistics, Risk Management, Supply Chain, Security, Supply Chain Management, Visibility

Use Supply Chain Modeling to Mitigate Port Shutdowns and Other Risks

Supply chain continuity planning is critical for global businesses. Armed with an end-to-end digital model of their supply chains, shippers can react rapidly and intelligently when unplanned events occur.

Risk Management, Safety, Trucking, Security, Technology , Transportation

Improving Fleet Safety with On-Board Video

An on-board video solution helps fleet managers review driver performance and improve fleet safety.

3PL, Logistics Solutions Providers, Logistics, Third-Party Logistics, Risk Management, Security, Supply Chain Management

8 Ways to File Effective Freight Claims

Freight damage, loss, and theft will always occur. Planning for those inevitabilities is key to prevention and faster claims settlement.

Scott Brown

Logistics I.T., Risk Management, Supply Chain Management

Reducing Supply Chain Risk by Outsourcing Technology

When downtime impacts a company’s line, outsourcing technology infrastructure to a third party might help.

Gary Barraco

Global Logistics, Legislation, Public Policy, and Regulations, Logistics, Risk Management, Supply Chain Management

Three Supply Chain Risks and How to Address Them

Enabling a holistic, integrated approach to managing global supplier risks allows companies to minimize risks, protect brand integrity, and reduce supply chain costs.

Michelle Coleman

Forklifts, Materials Handling, Risk Management, Pallets, Safety, Warehousing

Best Practices for Preventing Pallet Rack Damage

It is essential to have damage prevention measures in place for racking systems to avoid employee injury and minimize loss.

James Min

Export, Legislation, Public Policy, and Regulations, Logistics, Risk Management, Supply Chain Management

Customs Compliance: Small Mistakes Can Lead to Big Problems

Before entering the international trade arena, shippers must understand the stakes involved in regulatory compliance.

Rich Becks

Logistics, Risk Management, Supply Chain Management

Supply Chain Resilience: Turning Risk Into Opportunity

Managing supply chain risk means recognizing that things won’t always go according to plan, and having the right infrastructure in place to succeed even through the unexpected.

Logistics, Risk Management, Supply Chain Management

Adding Resilience to Your Supply Chain

This article looks at issues that companies should consider when developing a more resilient supply chain.

Marcia Faschingbauer

Risk Management, Supply Chain Management

Contingency Planning Keeps Freight Moving

Carriers need to be ready to keep freight moving no matter what gets in the way.

Sonal Sinha

3PL, Inventory Management, Logistics I.T., Risk Management, Supply Chain Management

Keeping Vendor Risk Under Control During the Holiday Season

With the holiday season in full swing, logistics managers must be able to rely on their vendors to perform.

Kristi Montgomery

Risk Management, Supply Chain Management

Ensuring Business Sustainability During Disasters, Disruptions, and Service Failures

All companies should incorporate a business continuity plan into their operation so they are never unprepared for a disruption.


An executive finds one path blocked and considers an alternative

E-commerce, Asia, Global Logistics, Risk Management, Supply Chain Management

Global Logistics—September 2014

Plan now to avoid supply chain disruptions from the latest Icelandic volcano eruption; Australia struggles with home delivery challenges; EU and China sign landmark customs agreement.

Google Shopping Express driver and delivery van

E-commerce, Expedited Shipping, Partnership, Risk Management, Trucking

Trends—August 2014

Google and Barnes & Noble partner to provide same-day book delivery; Shippers prioritize day-to-day problem-solving over contingency planning; APICS and SCC merge; Transplace identifies four areas key to preferred shipper status

Packaging, Risk Management

Preventing Shipment Damage

Properly prepare shipments and test packaging to prevent product damage and returns.

Mike Rozembajgier

Green Logistics, Retail, Risk Management

Retailers, Watch Your Waste Lines

Partnering with an expert can help retailers ensure they comply with hazardous waste regulations.

Kevin Pollack

Reverse Logistics, Risk Management

Defending Against the Global Recall Threat

Companies must not only mitigate supply chain risk, but also understand the logistics of global recall management.

Brad Brennan

Automotive Logistics, Risk Management

The Importance of Contingency Planning in Automotive Supply Chains

Supply chain contingency planning can help automotive manufacturers protect their operations.

Dan Dershem

Partnership, Risk Management, Transportation Management

Access to Reliable Transportation Regardless of Transportation Market Conditions

Clear transportation management strategy and technologies allow companies to deliver superior service at lower cost.

Ax Torres, outbound shipping supervisor, AGCO Corporation

Education & Careers, Labor Management, Risk Management

Ax Torres: Plowing Ahead

Ax Torres supervises outbound shipping at agricultural machinery company AGCO Corporation.

A ship's steering wheel with directions attached for three different plans

Import, Export, Cross-border Trade, Global Logistics, Ports, Risk Management, Supply Chain Management

Steering Clear of Supply Chain Disruptions

Companies make contingency plans to prepare for possible supply chain disruptions caused by port labor negotiations.

relaxed crash test dummy

Automotive Logistics, Global Logistics, Lean, Manufacturing, Risk Management, Supply Chain Management

Automotive Logistics: The Upside of Resiliency

Collaborative risk management helps automakers and their supply chain partners protect against disruptions.

businesswoman on a tightrope

3PL, Finance, Global Logistics, Partnership, Risk Management, Security, Supply Chain Management, Transportation

Risk Mitigation: Supply Chain Safety Net

Shippers protect against supply chain disruptions with physical, analytical, and financial risk mitigation strategies.

Gary Hanifan

Green Logistics, Global Logistics, Risk Management, Supply Chain Management

Weathering Climate Change and Supply Chain Risk

Supply chains must develop strategies for reducing risk related to climate change, such as drought and extreme weather.

163 illustration

3PL, Expedited Shipping, Global Logistics, Ocean, Materials Handling, Site Selection, Risk Management, Trucking, Security, Supply Chain Management, Warehousing

163 Ways to Supercharge Your Supply Chain

Actionable tips help you revitalize your warehousing, 3PL, trucking, and global logistics operations.

Iron ore mining in Australia

3PL, Middle East, Asia, Panama Canal, China, Global Logistics, Legislation, Public Policy, and Regulations, Risk Management

Global Logistics—January 2014

Global dry-bulk commodity trade reveals rate growth, steadying inflation in China; Preparations for 2022 World Cup trigger DC explosion in Qatar; Supplier risk analysis will become more complex as companies expand into new global markets; Pakistani protests force U.S. military drawdown to consider $1 billion airfreight alternative; Asia truck bans taking toll on logistics industry; Africa’s piracy problem shifting to continent’s west coast; Trans-Pacific Partnership pact stalls, 2014 ratification expected; China’s Nicaraguan Canal stirs intrigue; Tesco acquires stake in “Asia’s Amazon”

Logistics I.T., Risk Management

Trends—December 2013

Cloud-based predictive analytics increasingly available to more companies of all sizes; RFID market set for robust growth by 2020; supply chain risk mitigation should be priority for all companies; key trends driving change for enterprises and government in 2014

Mike Nervick

Risk Management, Transportation

Expecting the Unexpected: The True Test of Leadership

When supply chain disruptions occur, logistics managers must use leadership skills to maintain operations.

Lorcan Sheehan

Risk Management, Supply Chain Management

Preparation: Your Best Asset in Managing Supply Chain Disruptions

Collaborate with suppliers to manage supply chain risks with the highest potential to occur and risk of business impact.

Jose Minarro

Certifications, Risk Management, Security

C-TPAT: Building Safer Supply Chains

C-TPAT certification lets businesses support national security and improve their own supply chain operations.

Steve Sensing

Asia, Cross-border Trade, Mexico, Manufacturing, Risk Management, Supply Chain Management, Latin America

Shoring up Sourcing Strategies

Shifting manufacturing operations in Asia back to North America provides companies more control of their supply chains, says Steve Sensing of Ryder Supply Chain Solutions.

John Sterling

Logistics I.T., Risk Management, Warehouse Management Systems (WMS), Warehousing

What Happens When Your Warehouse Is Unplugged?

Technology management can affect warehouse operations’ connectivity during and after a power outage. Whether the facility’s warehouse management system (WMS) is installed on-site, delivered via a Software-as-a-Service (SaaS) program, or hosted in the cloud can have a huge impact on maintaining productivity, writes John Sterling of Foxfire Software.

Carlos Alvarenga

Risk Management

Bringing Risk Management into the Heart of the Supply Chain

Supply chain management experience is vital to corporate risk management planning, write Carlos Alvarenga of Accenture.

Risk Management

Minimizing Supply Chain Risk

The ability to minimize supply chain risk and prevent disruptions depends on strong supplier relationships and well-developed contingency plans, says Chris Cameron of Elemica.

Lorcan Sheehan

Risk Management

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

Lorcan Sheehan of ModusLink discusses some of the lessons businesses have learned that help mitigate supply chain risk during the peak season.

Risk Management

How to Manage the Supply Chain Following a Natural Disaster

Planning for exceptions can help shippers prevent supply chain disruptions in the wake of a natural disaster.

Risk Management

How to Move Freight in Volatile Locations

Successfully moving freight into challenging areas requires an abundance of preparation and due diligence, test runs, and contingency plans to make sure moves happen without a hitch.

Risk Management

How to Mitigate Supply Chain Disruptions

When supply chain disruptions arise, shippers need to react quickly—without incurring undue costs—to keep production in line with demand.

Michael E. Burke

Risk Management

Mitigating Facilitation Risk

Logistics professionals and companies should adopt and continuously update a risk-based export compliance program to minimize facilitation risk, writes Michael E. Burke of Arnall Golden Gregor.

George Prest

Logistics I.T., Risk Management, Supply Chain Management

Visibility is the Key to Mitigating Supply Chain Risk

Supply chain visibility helps flag upcoming supply or demand problems, allowing a company either to take action to prevent disasters or to respond by activating backup plans, writes George W. Prest of Material Handling Industry of America.

Mark Humphlett

Logistics I.T., Risk Management

Can Your Global Supply Chain Withstand a Crisis?

Risk management strategies must address the everyday sources of supply chain disruption, and managers must incorporate the identification of potential supply chain risk into their daily practices, writes Mark Humphlett, Infor.

Cross-border Trade, Mexico, Risk Management, Latin America

Beating the Odds in Latin America

Multinational corporations are gambling on the Latin American market's growth potential. But meeting the region's supply chain challenges requires an understanding of local markets, strategic planning, and strong partnerships.

Henry Hicks

Risk Management

Managing Supply Chain Disruptions

Supply chain disruptions become more manageable when shippers have supply chain technology that provides shipment visibility, writes Henry Hicks, Progress Software.

Jeff Vielhaber

Risk Management, Trucking

Protecting Your Company Against Load Board Scams

Shippers can avoid load board scams by taking the time to research the companies with which they do business, writes Jeff Vielhaber, TTS.

Karen Lobdell

Risk Management

Are You Effectively Managing Supply Chain Risk?

Managing risk in the supply chain requires that shippers address issues such as product safety, environmental concerns, labor management, and social responsibility.

Brendan Lowe

Food Logistics, Logistics I.T., Risk Management

5 Steps to Improving Food Product Traceability

Retailers can implement technology and processes to increase traceability and gain greater visibility into their supply chain, which helps track and retrieve products in the event of a product recall, writes Brendan Lowe, Aldata Solution.

Risk Management

Mitigating Supply Chain Risk

Well-defined business practices, thorough contracts, physical security, and active planning, help mitigate supply chain risk.

Risk Management

Protecting Your Supply Chain Against Disruption

Dr. Jeff Karrenbauer of supply chain solutions provider INSIGHT offers tips for protecting against supply chain disruption.

Risk Management, Safety, Trucking

Truckers Play Role in Homeland Security

Curt Shewchuck, chief security officer, Con-way Freight discusses how the carrier's security protocols helped avert a terrorist threat.

Risk Management

Avoid Big Losses When Shipping Big Machinery

Barry Tarnef, senior loss control specialist for Chubb Marine Underwriters, outlines strategies for reducing risk when shipping large machinery.

C. Daniel Negron

Risk Management

Do You Know Who You’re Doing Business With?

As you enter into new global business relationships, you can protect yourself from unnecessary penalties by knowing your customer.

Danny Halim

Global Logistics, Risk Management

Navigating Global Supply Chain Risks

Danny Halim of JDA Software offers strategies for minimizing risk in the global supply chain.

Chandler Hall

Partnership, Risk Management, Supply Chain Management

Supplier Disruptions: Preparing for the Unpredictable

Chandler Hall of BravoSolution explains how to reduce the frequency and severity of disruptions by fostering collaborative relationships with your suppliers.

Mike Williams

Risk Management, Safety, Trucking, Security

Balancing Risk Management With Your Operations Strategy

Increased regulation in the form of CSA 2010 affects not only truckers, but also freight brokers providing insurance, according to Mike Williams, chief operating officer, Sunteck Transport Group.

Global Economy, Global Logistics, Risk Management

Trends—May 2010

Faced with transportation interruptions caused by the April 2010 eruption of an Icelandic volcano, European express carriers TNT and DHL activated contingency plans; LCD television manufacturers control spending by bringing production in-house; Inventory-in-sales ratios rise across the supply chain; Wholesaler Arrow Electronics acquires reverse logistics companies; Google helps consumers match demand to in-store supply

Robert L. Sobel

Insurance, Risk Management

Reducing Risk with Trade Disruption Insurance

Robert L. Sobel of Cook, Hall, and Hyde outlines how shippers can benefit from trade disruption insurance.

C. Daniel Negron

Insurance, Risk Management

New Year, New Insurance Review

C. Daniel Negron of TT Club offers guidance for making sure your supply chain is properly insured.

Risk Management, Trucking, Technology

The Great Freight Debate: What’s Next for the Industry?

With the shock wearing off and operations starting to stabilize, organizations shift their focus to the future. The overwhelming challenge is navigating the uncertainty. Here are four freight trends worth paying attention to moving forward.

Katie MacDonald

Freight Forwarders, Partnership, Risk Management

How Your Freight Agency Can Succeed in an Uncertain Market

Staying engaged with your customers, providing solutions to their new demands, and not losing sight of your business goals can help improve your business during uncertain times.

Risk Management, Technology , Supply Chain Management

Yard Automation Addresses Three Weak Spots to Build Supply Chain Resilience

While there aren’t many quick fixes when it comes to mitigating global disruption, leaders can use solutions that directly address the biggest weaknesses in the supply chain that were highlighted as a result of the COVID-19 outbreak: demand, labor, and energy.

Finance, Labor Management, Risk Management

Five Keys for Turning Challenge into Opportunity

To capitalize on what they’ve learned, transform, and thrive in a post-COVID world, supply chain leaders should focus on these five pillars: people, finances, decision-making, infrastructure, and customers.

Food Logistics, Risk Management, Technology

Crying Over Spilled Milk: Lessons from the COVID-19 Pandemic on Food Waste

What the food supply chain community learned from the COVID-19 pandemic crisis was that having the right technologies implemented was the difference between days or weeks to reroute, reschedule, repack, and reorganize goods to ensure delivery at a pre-COVID-19 standard.

Careers, Risk Management, Technology

Strategize. Inspire. Listen.

Profile of Andrew Kirkwood, CEO, BluJay Solutions.

Risk Management, Supply Chain, Safety

Digital Health Tools Can Keep Workers Safe and Preserve Privacy

Digital tools that confirm a person's health status can create safe work environments while also protecting personal privacy as businesses and supply chains recover from the COVID-19 disruption.

Global Trade Management, Risk Management, Supply Chain Management

The Value of Global Trade Insights in Navigating COVID-19 Supply Chain Disruptions

With the daunting task of navigating the rapidly changing global trade landscape, where should shippers begin? Actionable global trade data is your lifeline for supply chain resilience. Global trade intelligence solutions can help businesses swiftly find alternative suppliers in a concise three-step process: Identify potential sources, analyze costs, and vet potential trading partners.

Alan Miller

Risk Management, Supply Chain Management

Act Fast, Act Smart

To maximize your decision to act, adapt a solution to the company’s processes or adapt the company’s processes to the solution.

Keith Biondo

E-commerce, Risk Management, Supply Chain Management

Staying Productive in Unproductive Times

Rather than wait for the next man-caused disruption or pandemic, smart business managers are extracting knowledge from a forensic investigation of their operations based on COVID-19 stress and kicking bad practices to the curb.

Paul A. Myerson

Lean Logistics, Manufacturing, Risk Management

The Road Map Out of This Mess

The COVID-19 pandemic has shown the shortcomings of a supply chain that is perhaps too lean. However, to be “lean” doesn’t mean keeping extremely low inventory levels with no coordination or backup plan.

Risk Management, Supply Chain

Quantifying the Impact of COVID-19 on the Supply Chain

With dynamic updates on missed transits, rollovers, arrival notification, and port congestion during COVID-19, shippers can make decisions proactively and avoid inefficient costs due to detention and demurrage, expedited freight, and buffer stock.

Risk Management, Technology , Supply Chain Management

COVID-19 Supply Chain Resources & Strategies

Supply chain management may have changed forever as COVID-19 brings heightened awareness to its fragility. With careful planning, shippers can minimize risks related to the pandemic.

Global Logistics, Insurance, Risk Management

COVID-19 Pandemic: Do Your Shipments Have the Right Protection?

With the right risk-management plan, shippers can better understand the risks facing their supply chain operations and make sure their business is prepared by protecting the value of goods shipped globally.

Risk Management, Technology , Warehousing

How 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. The Internet of Things (IoT) can help mitigate this risk and ensure supply chains operate as swiftly as possible.

Risk Management, Supply Chain

COVID-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 COVID-19. Thousands of supply chain professionals, educators, and inventors have joined The Worldwide Supply Chain Federation (TWSCF) to rethink and change how supply chain operates in 2020 and beyond.

Risk Management, Supply Chain

4 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 should be key priorities in 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.

Doug Wheeler

Ports, Risk Management

4 Steps to Ensure Port Resiliency After a Critical Incident

Ports across our country must be prepared to support tenants and other partners. Doug Wheeler, president and CEO of Florida Ports Council, explains how ports can achieve long-term recovery.

Legislation, Public Policy, and Regulations, Risk Management

Useful COVID-19 Information & Guidance

Visit these links for helpful information and official guidance related to the COVID-19 outbreak.

Risk Management, Supply Chain

Resilient Risk Management in the Face of Hurricane Season

Preparation is the key to getting any business or community back on track after a natural disaster, and when it comes to hurricane preparation, the old adage that “failing to prepare is preparing to fail” rings very true.

John Sheehy

Risk Management, Supply Chain, Security

Eight Ways to Minimize Supply Chain Risk

Consider all potential disruptions and ways to design your supply chain to keep it operational in the face of foreseeable and unforeseeable challenges.

Ports, Risk Management

Southeast Ports Close in Advance of Hurricane Dorian

Southeast ports prepare for the worst as Hurricane Dorian inches toward the U.S.

Logistics, Risk Management, Supply Chain, Safety

7 Tips to Driving a Strong Safety Culture

Marc Dedola

Import, Export, Freight Forwarders, Risk Management, Supply Chain

Commentary: Mitigating Supply Chain Risk

Make sure issues that can disrupt your supply chain are limited and infrequent. Here are several predictable and unpredictable risks that you should plan for:

Global Logistics, Logistics, Risk Management, Supply Chain

7 Solutions to Mitigate Global Supply Chain Risks

In a globalized economy where finalized products have components manufactured all over the world, effective management of supply chains is critical. Adopt these habits to reduce and mitigate risks faced by supply chain parties.

Labor Management, Risk Management, Warehousing

Warehouse Safety Best Practices: Building a Program

To build a program that has the strength and support to last, follow these practices and leverage your staff’s experience and expertise.

Inventory Management, Risk Management, Technology

What supply chain adjustment would you have made at the start of 2020 if you knew then what you know now?

From preparing for e-commerce growth to auditing cybersecurity practices, supply chain leaders share the adjustments they'd make at the start of 2020 knowing what they know now.

Robert Kriewaldt

Fulfillment, Risk Management, Warehousing

How to Prepare Your Warehouse for a Second Wave of COVID-19

Warehouses and fulfillment centers should take these precautions to mitigate COVID-19 risks, keep the workforce safe, and avoid costly downtime.

Risk Management, Trucking, Transportation

Power Through Logistics Challenges with New, Modern Chassis

When COVID-19 rocked the world, many companies were utilizing pool chassis in major ports and inland rail locations. However, with many pool chassis ranging in age from 20 to 25 years old, this led to serious problems, such as breakdowns and lack of availability. Leasing new, premium chassis could help prevent these problems.

Risk Management, Technology , Supply Chain Management

Controlling Your Own Destiny: Why Shippers Must Find Ways to Ensure Supply Chain Resiliency

Supply chain disruptions may be a reality the world will continue to contend with. How can shippers weather the COVID-19 storm and maintain a semblance of business continuity during periods of such uncertainty? While there is no one-size-fits-all answer, shipping organizations must take more control of their own destinies. These key business strategies will help shippers secure their supply chain resiliency well into the future.

Rob Bailey

Big Data, Risk Management, Technology

Fixing Our Broken Supply Chain

COVID-19 is clearly a catalyst for necessary change and our collective global supply chain disruption makes it clear that the time to bring transparency and efficiency is now.

Labor Management, Risk Management, Technology

Thriving Amidst a Competitive Supply Chain Labor Market

Faced with a labor shortage exacerbated by the pandemic, MD Logistics developed a recruitment strategy to attract talent for present-day conditions as well as allow for continued growth.

Distribution, Fulfillment, Risk Management

Reopening Fulfillment and Distribution Centers in the Wake of COVID-19

As businesses slowly recover following COVID-19 fulfillment and distribution centers can't simply flip a switch and return to normal operations. Reopening will require a rigorous methodology backed by data and analytics, and creative thinking about how to leverage existing technology in the workplace.

Risk Management, Transportation Management, Transportation

Reducing the Pandemic's Impact on Transportation

Implementing these best practices can help companies reduce the impact to transportation operations and save costs during business disruptions.

Julio Casal

Risk Management, Security, Technology

What's Lurking in Your Supply Chain?

An often overlooked source of security vulnerability is your supply chain. If you can’t honestly say you are fully apprised of the security postures of your vendors, partners and contractors, you are at major risk of a cyberattack.

Mark McArthur

Lean Logistics, Risk Management, Technology

Bringing End-2-End Efficiency to Your Logistics Operations

Companies are looking for ways to manage more efficiently with less—while reallocating resources to more productive activities and maximizing freight spend value. Logistics operations are a great place to start as even the smallest percentage savings could mean triple digit impact to bottom lines.

Manufacturing, Risk Management, Transportation

How Shippers Are Handling COVID-19

Shipping volumes demonstrate the resilience of companies and their ability to produce essential products during disruption, and highlight the important role transportation plays

Risk Management, Supply Chain, Supply Chain Management

Adapting Supply Chain Strategies Amid COVID-19

It's more important than ever for transportation and logistics companies to have an effective mobility strategy in place. Shippers can adjust their existing protocols with COVID-19-related policies by implementing these technologies and practices.

E-commerce, Finance, Risk Management

Labeling Is Key in Keeping Up with Today’s Supply Chain

COVID-19 has created unprecedented challenges for supply chain and logistics management, and the pressure is on to deliver essential supplies, such as toilet paper and food, to consumers on time. Successfully delivering a product on time involves many factors, and labeling shipments correctly is one of them.

Global Economy, Global Trade Management, Risk Management

10 Ways to Prepare for Global Trade Disruption

With tight production and shipping windows, finished goods importers are especially vulnerable when unexpected disruptions take place. These suggestions can help U.S. importers through what is shaping up to be a trying 2020.

Global Economy, Risk Management, Supply Chain

The Global Economic Impact of COVID-19

When dealing with high-risk global events like COVID-19, manufacturers should first pay attention to the supply side, such as inventory, alternative energy, or shipping, and mitigate the impact of high-risk disruptions.

Michael Affronti

Big Data, Logistics I.T., Risk Management, Supply Chain, Technology

Using Real-Time Tech to Mitigate Risk

Real-time technology can help shippers keep abreast of high-impact incidents around the world and provide extra time and context to activate their supply chain risk mitigation strategies.

Robert Kriewaldt

3PL, Risk Management, Supply Chain

Five Ways a 3PL Helps Mitigate Supply Chain Risk - Phoenix Logistics

Partnering with a 3PL does much more than free up time to focus on core competencies—it offers a buffer between the shipper and the ever-shifting challenges of the logistics realm.

Doug Collins

Logistics, Risk Management, Supply Chain

5 Tactics for Managing the Unexpected

No supply chain is immune from risk, and the farther a company's supply chain traverses the globe, the more opportunity for things to go awry.

Logistics, Risk Management, Supply Chain

Mitigating Cargo Theft Risk

Cargo theft continues to be a challenge to shippers, totaling an estimated $145 million in losses each year in North America. Use these tips to keep your cargo safe.

Global Logistics, Logistics, Risk Management, Supply Chain

German Trucks: It’s a Steal

Growing cargo thefts across Germany, resulting in product losses valued at $1.3 billion annually, have prompted business associations in the country to launch a joint initiative to tackle the problem.

Logistics, Risk Management, Supply Chain

You Can’t Control Mother Nature, But You Can Be Ready For It

The 2017 hurricane season serves as a risk management wake-up call.

Jim Wetekamp

Logistics, Risk Management, Supply Chain

How to Prepare for the Unexpected

High-performing supply chain organizations are differentiated on how well they respond to the unexpected.

Jean-Pierre Geronimi

Legislation, Public Policy, and Regulations, Logistics, Risk Management, Supply Chain, Security

5 Ways to Cut the Risk of Cargo Theft

Global Logistics, Logistics, Risk Management, Supply Chain

Global Trade Disruption: Managing the New Normal

Global trade disruptions come in all shapes and sizes, and can wreak havoc on supply chains. Find out what proactive strategies and tactics leading companies are using to tackle the escalating challenge of supply chain risk management.

Paul Myerson

Lean Logistics, Lean, Risk Management, Supply Chain

Global Supply Chain Risk: Don’t Wait, Mitigate

Having a global supply chain risk management strategy in place can not only increase value to your customers but also reduce your costs and increase performance.

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