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Snapshot: Recent Supply Chain Events in Life Sciences & Biotech Industries

Posted by Wayne Caccamo on Oct 23, 2015 2:51:15 PM

We just prepared a report for Rx-360 leadership on potential supply chain disruption events over a recent three-and-one-half week period of time. The supply chain events were all detected and reported by our 24/7 EventWatch® global event monitoring and analysis service. I thought I would share some data we rolled up over this “snapshot” period of time. It sheds some light on the frequency and diversity of types of events that hit the life sciences and biotech global supply chains every day.

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Topics: eventwatch, supply chain event monitoring

Tianjin Warehouse Explosions Heighten Need for Supply Chain Visibility

Posted by Natalia Kosk on Aug 15, 2015 3:01:00 PM

Explosions in Tianjin, China, this week called attention to the lack of sufficient chemical storage standards compliance present in the country. If not more strongly regulated, improper chemical storage and transport actions could cause major supply chain risks, sending a potential ripple effect felt across businesses in the Tianjin region and also throughout the global supply chain.

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Topics: supply chain visibility, supply chain risk management, eventwatch, supply chain event monitoring

Tech Companies Face Supply Chain Risk as Typhoon Soudelor Strikes Taiwan, Soon China

Posted by Natalia Kosk on Aug 8, 2015 9:55:00 AM

Typhoon Soudelor hit Taiwan on Saturday at 5 a.m. local time, according to The Weather Channel LLC.1 The storm moved across Taiwan, before moving on to mainland China.2

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Topics: supply chain visibility, eventwatch, supply chain event monitoring

Supply Chain Resiliency Case Study: Was the Napa Earthquake a "Wake-Up" Event, or Did You Sleep In?

Posted by Charlotte Hicks on Sep 3, 2014 1:07:00 PM

On Aug. 24 at 3:20 a.m. Pacific Time, a 6.0 magnitude earthquake shook Northern California, injuring many people, damaging buildings and knocking out power and water services around Napa.

Though the Bay Area region is prone to this kind of natural phenomenon, it’s been a while since locals felt something this significant. The last major earthquake in the Bay Area was the 6.9 Loma Prieta earthquake in 1989. Luckily, too, in comparison to other past tremors, the Napa earthquake was moderate.

But, still, it was an event that could have quickly turned in a wide-scale disruption. More importantly, it reveals how vulnerable supply chains are when Mother Nature is involved and how quickly you have to spring into action to get the situation under control. It is the perfect example of a supply chain resiliency case study.

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Topics: supply chain risk mitigation, eventwatch, supply chain event monitoring

Resilinc

The Leading Provider of Supply Chain Resiliency Solutions

Resilinc is the leading cloud provider of supply chain resilience and risk management intelligence and analytics. Industry leaders like Amgen, GM, and EMC rely on Resilinc to mitigate risks end-to-end, while achieving long-term competitive advantage, and building brand and shareholder value. Resilinc’s flagship SCRM solution platform and services deliver the fastest time-to-value and the lowest resource impact. It accomplishes this by providing the world’s largest repository of supplier and part intelligence leveraging the power of our “LinkedIn” supplier community; the most robust set of dashboard visualization and patent-pending analytic functionality for proactive planning and risk quantification; and the only solution that personalizes your impact analysis by automatically connecting incidents with your supply chain map so you don’t have to.

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