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Supply Chain Risk Management Planning

SCMR (Supply Chain Management Review)

Risk management doesn’t have to be complex. This practical, easy-to-implement framework supports decision-making and risk management

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Crypto Risk Management: Securing Your Funds!

Supply Chain Game Changer

Small Business Risks in Accepting Cryptocurrencies! This is why crypto risk management is important to take your wealth off of exchanges and into your own hands. Risks of Crypto Exchanges. Another risk to consider is that exchanges can go bankrupt. Subscribe Here!

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Understanding Risk Management in 30-Seconds (Video)

Procurement Insights

Video Part 1 of 2 – the reaction when talking about managing risk. Video Part 2 of 2 – what happens when you ignore risk management. NOTE: Click the arrow on the right after the first video finishes playing) View this post on Instagram A post shared by HuskyGram (@huskyrgram) 30 Commentary risk management supply chain

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How Risk Management Software is Transforming 3 Industries!

Supply Chain Game Changer

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! That means managing employees, vendors, customers, and more on one platform. In fact, 89% of businesses encountered a supplier risk event in the last five years. Subscribe Here! Email Address.

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The Key Pillars of Third-Party Risk Management

ivalua

Third-party Risk Management (TPRM) within Services organizations, especially Financial Services (FSI), has become critical over the last few years. What is Third-party Risk Management? . Figure 1: Categories of Third – Party Risk. Risk-Aware Decisions.

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3 Supply Chain Risk Management Lessons to Use During Coronavirus Crisis

All Things Supply Chain

The coronavirus… General Supply Chain Management coronavirus risk management supply chain lessons supply chain risk

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Risk Management Requirement for Financial Services Procurement

ivalua

The post Risk Management Requirement for Financial Services Procurement appeared first on Ivalua

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It’s Time to Rethink Supply Chain Risk Management

ivalua

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Organizational abilities to effectively assess risk and engage suppliers to mitigate it are woefully lacking in most cases.

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Case Building for Supply Chain Risk Management!

Supply Chain Game Changer

When examining the risks of entering a new market, there are things to look out for that hint towards difficulty. These are a few examples of risks that you may come across. Why are you confident that your supply chain management is good enough? Case Building for Risk Management.

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Policy or Practice? Supply Chain Risk Management in Reality

All Things Supply Chain

Procurement and supply chain management are logical functions. Work through a process, and you can bring spend and transactions into a managed state. Apply a framework and you can bring… Supply Chain Management risk management supply chain management supply chain transparency

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Shared Assessments Introduces 2022 Third-Party Risk Management Toolkit

Supply Chain Brain

Shared Assessments, a third-party risk management company, issued the 2022 Shared Assessments Third-Party Risk Management (TPRM) Toolkit

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Five Tools for Demand-Driven Risk Management

Supply Chain Brain

When analyzing supply chain risk, logistics managers tend to focus on widespread disruptions such as environmental disasters and pandemics. There are, however, less visible but no less powerful changes that can likewise derail an unprepared supply chain

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Gartner's Secrets & Strategies for Successful Supply Chain Risk Management

Supply Chain Brain

And as waves of disruption continue to crash down on supply chains, supply chain risk management has never been more important Disruption has become a constant.

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Risk Management vs. Resilience: Here’s Why We Need Both

Supply Chain Brain

Let’s take a closer look at how companies can balance risk management and supply chain resilience — and what technology and transparency bring to the table

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Risk Management: Anticipate disruption, design for resilience and embrace agility

SCMR (Supply Chain Management Review)

In this special digital edition of Supply Chain Management Review, we present the best thinking from SCMR authors on risk management, resilience and agility, as well as lessons you can apply to prepare for the future

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Overhaul Launches Truckshield, an App-Based, Risk Management Solution

Supply Chain Brain

Overhaul, a real-time supply chain visibility and risk-management technology provider, has announced the launch of TruckShield, an industry-first, risk-management technology solution for North American motor carriers

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Be Prepared: Improving Supplier Risk Management In Your Business

ivalua

Supply chain management and procurement sit poised on the frontlines of managing global supply risks for their brands. That’s why companies are always looking for new ways to streamline and increase efficiencies while also mitigating the risk within their supply chain.

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How to manage Third-Party Risk Management Performance: Hackett Group

PASA (Procurement and Supply Australasia)

How to manage Third-Party Risk Management Performance: Hackett Group. The Hackett Group highlights third-party risk management (TPRM) as a critical capability for supply chains around the world. . Some are starting anew to address catastrophic risk events.

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Watch: Lessons From — and for — Toyota About Risk Management

Supply Chain Brain

Toyota and other automakers were hit hard by parts shortages because they failed to obtain visibility of their supply chains beyond tier-one suppliers, says Alkis Vazacopoulos, teaching associate professor in the Online Masters of Science in Business Intelligence and Analytics program at the Stevens Institute of Technology.

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Fortifying Relationships in the New Age of Risk Management

Supply Chain Brain

One of the biggest challenges companies face when making changes to any supply chain is bringing together the various internal constituents involved in the process

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How to Get Started with Supply Chain Risk Management

Supply Chain Brain

Risk is everywhere. Adverse events can and will happen at any time, and when events hit your supply chain, disruption and financial, operational, and reputational damage are not far behind.

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The Rising Stars of Digital Risk Management

Supply Chain Brain

The COVID-19 pandemic has pushed risk to the top of virtually every corporate agenda, according to research by McKinsey & Co

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How Supplier Risk Management needs to evolve in 2021

Zycus Cognitive Procurement

The pandemic has taught us supply chain professionals a precious lesson in supply chain risk management. The challenge will be to make the supply chain resilient, better manage supplier risks without lowering profitability, and competitive advantage.

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Supplier Risk Management for Government Organizations in Australia

Zycus Cognitive Procurement

Not only Victorian Government, but the world is now on the track to digitize all manual processes to improve compliance and reduce risks along the way. Reducing risks! Digitization can reduce all these risks for agencies, which often operate with multiple suppliers.

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Enhance Supply Chain Risk Management to Increase Resilience

Supply Chain Brain

Supply chains have been experiencing an increasing number of disruptions in the past 3 years, with many being both unfamiliar and unpredicted. This has led to a drive for increased resiliency.

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Supplier Risk Management Considerations for the Coronavirus Outbreak

ivalua

This crisis demonstrates the increasingly global nature and complexity of supply chains and the imperative to manage the risk within this complex supply chain. The post Supplier Risk Management Considerations for the Coronavirus Outbreak appeared first on Ivalua.

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Electronics OEMs Need to Revise Their Supply Chain Risk Management Strategies

Supply Chain Brain

Where OEMs in the past could concentrate on securing supply of expensive components, now they have to think about everything that goes into production, including raw materials, too

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Risk Management report from The Hackett Group: Preparing the Company for Extreme Economic Volatility

ivalua

The post Risk Management report from The Hackett Group: Preparing the Company for Extreme Economic Volatility appeared first on Ivalua

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CPO Compass 2023

Procurement Leaders

Functional strategy & planning Leading through a polycrisis Procurement Technology Risk Management & Sustainability Sustainability (including CSR) CPO Insights

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The Evolution of Vendor Risk Management

Supply Chain Brain

Vendor risk management, also called supplier risk management or third party risk management, describes the efforts of managing the risks posed by the companies who sell you products and services.

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In the Middle East, the Need for Risk Management Guides the Transformation Journey to Procurement 4.0

ivalua

Risk management, cost reduction and digital transformation — these are the three top priorities for procurement organisations in the Middle East today, according to a global survey conducted by Ivalua’s global partner PwC. Strategic Investments Target Risk Reduction.

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Riskmethods Enhances Supply Chain Risk Management Solution with Cybersecurity Insights

Supply Chain Brain

Riskmethods, a supply chain risk management provider, recently announced it has enhanced the riskmethods solution by adding specialized cybersecurity performance information from BitSight

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Compliance and Third Party Risk Management: How to turn the burden of compliance with financial regulation into a competitive advantage?

ivalua

The post Compliance and Third Party Risk Management: How to turn the burden of compliance with financial regulation into a competitive advantage?

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Supply Chain Resiliency & Risk Management – A Top Post-Pandemic Priority

Supply Chain Brain

In 2020 several disruptive events shifted strategic supply chain priorities. An end-to-end approach for supply chain resiliency is imperative to tackle future industry challenges and disruptive events

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COVID-19 Delivers a Wakeup Call for Supply-Chain Risk Management

Supply Chain Brain

The coronavirus pandemic has had a huge impact on global risk-management strategies. Many companies learned in 2020 that their supply chains weren’t prepared for a disruption of such massive scale. Now, they’re determined not to get caught short again

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Watch: The Impact of COVID-19 on Supply-Chain Risk Management

Supply Chain Brain

Bill DeMartino, managing director for the Americas with Riskmethods, discusses how the coronavirus pandemic is impacting risk-management strategies, and whether companies were ready for the disruption that it has caused

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Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

Supply Chain Game Changer

In thinking about the show and its construct I thought about the incredible amount of risk that the performers and producers are managing. These world class performers have astonishing talent but they are also working in an environment designed to eliminate risk and maximize safety.

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Managing risks, priorities and talent: Nestlé’s approach to the polycrisis

Procurement Leaders

But they all come, to me, under the category of risk. “The last couple of years have really shown businesses the value of procurement – and not just as a purchasing function/PO function, but the strategy of procurement and the value we bring in managing risk,” she says.

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Keeping Your Supply Network in Equilibrium: Avient's Journey to sustainable supply chain risk management

Supply Chain Brain

Over the past couple of years, a multitude of challenges have been thrown at supply chains that have caused what feels like a chain reaction of continuous disruption.

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Risk Management, Tech and Resilience – David Loseby from Leeds Uni Business School

The Procuretech Podcast

Risk Management, Tech and Resilience - David Loseby from Leeds Uni Business School. Today we're tackling a big Elephant in the room that everyone's got their eye on right now: The world of third party risk management. . 09:39: We discuss the challenges of risk management. . With a staggering complexity of unique challenges to every geography, no-one can be expected to model risk accurately on their own. Welcome back to The Procuretech Podcast!

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Mitigating Supply Chain Risk Management in the Wake of the Global Food Crisis

Value Match

Bid Management. Responsible Organisational Management. Looking at your suppliers and analysing them from a different perspective will mitigate those risks a good starting point is to profile your current suppliers. What are the risks involved in your Supply Chain?

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Risk Management Remains an Untapped Resource in Procurement

Supply Chain Brain

The pandemic revealed vulnerabilities within organizations that did not build strong relationships with suppliers or leverage robust monitoring systems to track and assess risks

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Watch: Supply-Chain Risk Management in the New (Ab)normal

Supply Chain Brain

Yossi Sheffi, Elisha Gray II Professor of Engineering Systems & Director of the MIT Center for Transportation and Logistics, discusses his new book, The New (Ab)Normal: Reshaping Business and Supply Chain Strategy Beyond Covid-19