Topic: Risk Management



Latest in Risk Management

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Fragmented global supply chains coming?

Tuesday, March 4, 2025 · Larry Lapide
If trading blocs develop, supply chain managers must adapt by developing payoff matrices for each, as inaction could lead to significant global business losses.
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It’s time to stay focused

Tuesday, March 4, 2025 · Brian Straight
We talk often about what a visitor from another planet would think if they landed on Earth? Well, the same applies if you open my inbox. Two out of every three messages these days centers on artificial intelligence or the impact of tariffs on supply chains. If you didn’t…

Strategic procurement: CFO strategies for cost savings

Tuesday, March 4, 2025 · Fabian Bodoky
CFOs who embrace procurement as a key driver of financial performance will be better positioned to navigate economic uncertainties, improve operational resilience, and enhance their organization’s competitive advantage, says Efficio’s Fabian Bodoky.

The shifting landscape of tariffs: Strategies for supply chain resilience

Monday, March 3, 2025 · Jonathan Colehower
Tariffs and trade restrictions are introducing new complexities into global supply chains, requiring businesses to rethink sourcing, logistics, and cost management. As tariffs evolve, companies must proactively mitigate risks and optimize supply chain operations to maintain…

Five approaches to mitigate tariff disruptions in your supply chain

Thursday, February 27, 2025 · Al Mendoza and Lynlee Brown
The Trump administration’s frequent tariff announcements have left executives oscillating between complacency and panic, forcing companies to rethink supply chain strategies amid unpredictable trade disruptions and potential retaliatory actions.

Unlocking efficiency: How automation sharpens forecasting in the energy industry

Wednesday, February 26, 2025 · Massachusetts Institute of Technology
In the fast-paced world of energy-exploration technology, companies are constantly on the lookout for innovative strategies to help them stay ahead of market dynamics. For one global energy company, the key to unlocking efficiency was transforming how it predicts the demand…

Pure vs. hybrid EV makers: What does it take to win the race?

Monday, February 24, 2025 · Sai Teja V.V and Dr. Kalyana C. Chejarla
Manufacturers specializing in EV vehicles may have a leg up on competitors trying to build dual supply lines for both EVs and ICE vehicles. But ultimately, the ability to manage the supply chain may be the determining factor.

What is the future of procurement?

Friday, February 21, 2025 · Brian Straight
What is the future of procurement? That is the question that McKinsey & Company sought to answer in a new benchmarking report focused on procurement.

The Perfect Order: Introduction

Thursday, February 20, 2025 · Norman Katz
The objective of any supply chain is to achieve the Perfect Order. Doing that, though, has remained elusive. Most companies are proficient at various points in the process, but few have achieved success at each level. The Perfect Order series lays out the path to that success.

Explainer: What is EDI?

Thursday, February 20, 2025 · Norman Katz
Electronic data interchange, or EDI, is a core technology used to enable supply chain success. The technology has been so effective that it remains in place today, even though it dates back to the 1960s.

Explainer: The basics of barcodes

Thursday, February 20, 2025 · Norman Katz
Barcode labeling projects require that the label size, label material, adhesive, label surface, and print methodology be thoughtfully considered before any money is spent.

The Perfect Order: Defining the customer

Thursday, February 20, 2025 · Norman Katz
The Perfect Order requires the perfect customer, but who is that? Businesses must identify who the end customer is and what they want to meet expectations.

The Perfect Order: Right Product

Thursday, February 20, 2025 · Norman Katz
The Perfect Order includes the ability to deliver the right product to the customer.

The Perfect Order: Right Quantity

Thursday, February 20, 2025 · Norman Katz
It’s not enough to get the product itself right, we have to get the quantity right too. Like getting the product right, getting the quantity right starts before we even have a product.

Explainer: Identifying the right product

Thursday, February 20, 2025 · Norman Katz
Companies that make and sell a product are responsible for creating an internal identifier for each unique item. Many struggle to do that in a way that helps achieve the goal of Perfect Order.
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