A Category 4 hurricane is a major concern for businesses that need to keep a count of their inventory and don’t want their suppliers to face any shortages. Storms become more active during the months of August, September and October. It has been estimated that 2018 will witness around 10-16 named storms. A storm that reaches hurricane status is one...

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Surveying the Way to Effective Business Continuity Programs As customer demands, ISO Standards, other regulations, and disruptive events continue to increase the pressure on 21st century enterprises, the need to develop well-defined and practicable business continuity plans becomes harder to overlook. Many organizations are taking first steps on the journey to create mitigation plans that can be applied in times...

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A few years ago, I was assigned responsibility for maturing a business continuity program (BCP). During the program’s creation, I had the opportunity to meet a number of business continuity leaders, many of whom had developed world-class systems for business continuity management. As part of the discovery process for my program, I asked many questions, some of which were similar...

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Author: Jennifer Baljko 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. It’s hard enough managing supply chain...

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Author: Grover Righter, Chief Marketing Officer, Resilinc Resilinc predicts that if Chinese demand for US products materializes as projected, manufacturing companies in the US will begin to experience shortages, both of workers and raw materials. These shortages may jeopardize the ability of manufacturers to fulfill the increased demand. Indeed, on the logistics side of the supply chain, labor shortfalls are...

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Author: Simon Lucas   The Automotive Industry is in Tiers of Uncertainty over Brexit     While it’s unlikely that the United Kingdom will fully extricate itself from the EU for a few more years yet, concrete effects are likely to start biting sometime after the spring of 2019. For automobile manufacturers in the UK and elsewhere in Europe, “bite”...

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Author: Neil Shenoi On February 24th, President Obama signed into law the Trade Facilitation and Trade Enforcement Act of 2015 which now officially prohibits the importation of goods produced by forced labor or child labor, closing an 86 year old loophole and reauthorizing the Customs and Border Protection Agency to seize any imports suspected of being produced by forced labor. The...

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Author: Neil Shenoi Companies need to be realistic when it comes to the disaster preparedness of their supply chains. Natural disasters, factory explosions, labor disputes, power outages, chemical spills, geopolitical crises - these supply chain disruptions and continuity risks are not matters of if, but when and where. Once a disaster strikes, do you know what is going on at...

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Author: Neil Shenoi Across companies and industries, there is a growing awareness of the importance of supply chain risk management and resiliency programs. However, establishing an enterprise-wide supply chain risk management and resiliency program within your company doesn’t happen overnight, nor should it. It’s a multi-pronged process unique to each company, and each company is at a different stage of...

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Author: Wayne Caccamo I hear the terms supply change risk management (SCRM) and supply chain resilience used interchangeably by industry practitioners, stakeholders, solution providers, and industry analysts alike. So, are we essentially talking about the same thing or do we invoke one term over the other in certain circumstances to convey something different? For all practical purposes, both terms describe...

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