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What Corporate Social Responsibility Factors Affect Your Supply Chain?

Posted by Natalia Kosk on Jul 31, 2015 8:33:00 AM

What was your immediate reaction the last time you came across a news headline about unsafe working conditions or incidents of forced labor?

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Topics: supply chain visibility, supply chain risk mitigation, CSR

The Menacing Task of Managing Supplier Capacity Risks

Posted by Jennifer Baljko on Feb 6, 2015 3:20:33 PM

There are a few things supply chain professionals dread. Like, that urgent call from a distributor about longer lead times for a critical part or talk that a third-tier supplier is filing bankruptcy or having to scramble for alternative sources of supply when a flood wipes out an important supplier factory.

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Topics: supply chain risk mitigation, supply chain risk management

The Eye-Opener That Shakes Your Supply Chain

Posted by Wayne Caccamo on Oct 28, 2014 4:57:00 PM

There are many moments that rattle a company’s core. Something like the 9/11 terrorists attacks in the U.S., a tsunami in Asia, a volcano eruption in Europe, sourcing conflict minerals from African mines or a global recession could severely hurt supply chain operations, revenue and branding reputation for many quarters.

In the aftermath, assurances that a proposed action plan would hold up to the force of the blow fade. Executives learn that critical parts will be in short supply, inventory buffers dwindle and manufacturing lines are idled. Getting back to normal will be a few months away, if you’re lucky.

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Topics: supply chain resiliency, supply chain risk mitigation, supply chain risk management

Ebola Outbreak Poses Supply Chain Risks with Some Commodities

Posted by Charlotte Hicks on Oct 9, 2014 8:29:05 AM

The current Ebola outbreak is becoming more than just a worldwide emergency health issue. It is becoming a supply chain concern. While our thoughts are with those impacted by the awful disease, the potential supply chain risk is also creeping into the minds of business leaders.  

Resilinc’s monitoring shows some signs of a ripple effect on supply chain sourcing, pricing and availability of key raw materials. These events, indicated by an increasing number of news reports, raise flags about the impact the disease has on mining activities (particularly with alumina, iron ore and gold), palm oil and palm kernel oil supplies, and potential crude oil disruptions.

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Topics: supply chain resiliency, supply chain risk mitigation, supply chain disruptions

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

Supply Chain Resiliency Assessment: Setting the Foundation

Posted by Bindiya Vakil on Aug 1, 2014 2:12:00 PM

How Resilient is Your Company's Supply Chain Risk Management Strategy?

Different businesses achieve varying levels of maturity in their practice of supply chain resiliency management.  At one end of the spectrum, well defined resiliency considerations are explicitly incorporated into processes and tools--indicating a high level of maturity. 

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Topics: supply chain resiliency, supply chain risk mitigation, supply chain risk management, supply chain resiliency management

Building a World Class Supply Chain Risk Management Program

Posted by Bindiya Vakil on Jul 15, 2014 6:42:00 AM

For many companies, building a supply chain risk management program is stymied by the lack of a unifying framework, methodology and toolkit.  I will outline what characterizes a world class program and how to go about making supply chain resiliency a reality for your organization.

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Topics: supply chain resiliency, supply chain risk mitigation, supply chain risk management, supply chain resiliency management

Automotive Supply Chain Resiliency in the Post-Recession World

Posted by Jon Bovit on Jul 10, 2014 2:39:11 PM

As the world economy improves and end-customer spending picks up, companies will encounter a supply chain risk they may not have experienced in some time: ensuring that suppliers are ready to meet higher demand. 

The cyclic transition from running lean to ramping up always involves some rough patches. And, while veteran supply chain professionals may have lived through their share of ups and downs, handling this phase of growth doesn’t seem to get easier.

Therein lies the potential risk, and the chance to improve your supply chain resilience.

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Topics: supply chain visibility, supply chain resiliency, supply chain risk mitigation

Automotive Supply Chain Resiliency in the Post-Recession World

Posted by Jon Bovit on Jul 3, 2014 10:53:00 AM

As the world economy improves and end-customer spending picks up, companies will encounter a supply chain risk they may not have experienced in some time: ensuring that suppliers are ready to meet higher demand.

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Topics: supply chain visibility, supply chain resiliency, supply chain risk mitigation

The ROI for Resiliency: Turning Commodity Managers Into Risk Managers

Posted by Jon Bovit on Jun 24, 2014 1:36:00 PM

 

Resiliency is about protecting your supply chain from disruptive events and recovering quickly when a damaging risk turns your operations upside down. But, it’s much more than that. Resiliency is also about shielding your bottom line from long-term negative impact.

Interestingly, though, the return on investment (ROI) that comes with implementing supply chain risk mitigation strategies and resiliency solutions is sometimes overshadowed. Because companies often approach resiliency in a knee-jerk, reactive way and put business continuity plans in place only after a disaster strikes, there’s less time spent assessing the immediate and future financial benefits generated by a comprehensive risk management initiative.

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Topics: supply chain resiliency, supply chain risk mitigation, ROI of resiliency, supply chain risk management

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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