Browsing: Supply Chain Risk

I’m not here to convince you one way or the other about climate change – other than I would like someone to help me understand the – 60 windchill I just went through in Chicago &^##%^&&$#.  Munich Re is the world’s largest re-insurance company – that’s where insurance…

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A retail giant was recently the target of the largest hacking operation in history. The name is not important as the story is equally applicable to many other companies. And those of you who have been through the advanced curriculum of our Strategic Sourcing/Supply Chain “University” will remember the discussions in the Risk Management class on this topic. The best designed Risk Management solutions (consonants) are worth nothing unless they are adopted by the organization (vowels).

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Regardless of how many chevrons (steps) your organization has in its Sourcing/Supply Chain processes, can it adequately address the types of issues surfaced by the recent NY Times article which highlights how aluminum prices are artificially inflated globally?  This is not a political piece or even a bashing…

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Many organizations look at Risk as an evil, a challenge and even a four letter word. Risk can actually become a competitive advantage for a Supply Chain organization that knows how to identify and effectively manage it. Today’s blog focuses on insights from the Supply Chain All-Stars that recovered fastest after the Japanese Tsunami.

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