Posts in Supply Chain Resiliency Management

Cyber Threats Loom Large

March 19, 2019 Posted by Eventwatch, Supply Chain Disruptions, Supply Chain Resiliency Management 0 thoughts on “Cyber Threats Loom Large”

Download the full 2018 annual report here

Cyber attacks continued to grow in intensity in 2018, with alarming new trends evident. First, government agencies are now being attacked more frequently. The March 2018 attack on computers and networks in Atlanta—a major national transportation hub—was the largest successful ransomware cyber attack on a U.S. city. In the private sector, aerospace, hi-tech, life sciences, metals, mining and natural resources companies experienced cyber attacks in 2018. The medical device segment in particular was recognized as an industry in which cyber attacks on manufacturers could pose threats to patients. After cybersecurity vulnerabilities were identified in the Internet connections used by Medtronic to update software in cardiac implantable electrophysiology devices (CIEDs), the company issued a voluntary recall in collaboration with Food and Drug Administration. Following this event the Healthcare Sector Coordinating Council, a joint group on security issues between industry and government, published a joint security plan addressing the challenges faced by medical devices. Similarly, a computer virus attack at Taiwan Semiconductor Manufacturing Company (TSMC) was caused due to a failure in following proper operating procedures for virus scanning.

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Top 5 Event Types by Region

March 18, 2019 Posted by Eventwatch, Supply Chain Disruptions, Supply Chain Resiliency Management 0 thoughts on “Top 5 Event Types by Region”

 

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EventWatch 2018 Impact Events

March 18, 2019 Posted by Eventwatch, Supply Chain Disruptions, Supply Chain Resiliency Management 0 thoughts on “EventWatch 2018 Impact Events”

 

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Healthcare Transparency Initiative (HTI)

March 14, 2019 Posted by Eventwatch, Supply Chain Disruptions, Supply Chain Resiliency Management 0 thoughts on “Healthcare Transparency Initiative (HTI)”

 

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EventWatch 2018 Bulletins

March 11, 2019 Posted by Eventwatch, Supply Chain Disruptions, Supply Chain Resiliency Management 0 thoughts on “EventWatch 2018 Bulletins”

 

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Most significant Events

March 11, 2019 Posted by Eventwatch, Supply Chain Disruptions, Supply Chain Resiliency Management 0 thoughts on “Most significant Events”

 

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Sharing Business Continuity Plans Benefits Both Suppliers & Customers

March 20, 2015 Posted by SCRM Best Practices, Supply Chain Resiliency Management, Supply Chain Visibility 0 thoughts on “Sharing Business Continuity Plans Benefits Both Suppliers & Customers”

Business continuity management (BCM)'s scope is perceived largely as internal to company's operations. In today's environment, biggest risks are from raw material suppliers or external partners. 

Increase your company's supply chain visibility with ResilincWith any supply chain disaster, the rippling effects of factory damage or shut downs can be immediately felt. Take the 2011 Japanese earthquake, as an example. Factories affected by the disaster were shut down, resulting in parts shortages at major suppliers which caused lines down and factory down times at large automotive manufacturers.  The impact rippled through the supply chain layers.  High tech, automotive, aerospace and other sector companies quickly found out that some of their suppliers were located or dependent on Japanese manufacturing facilities days and weeks after the event.  Many supplier dependencies were not identified until much later.  

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Supply Chain Mapping Forms the Foundation for a Robust SCRM Program

January 30, 2015 Posted by SCRM Best Practices, Supply Chain Resiliency Management, Supply Chain Visibility 0 thoughts on “Supply Chain Mapping Forms the Foundation for a Robust SCRM Program”

Supply Chain Mapping is a Critical Part to a SCRM StrategyAlmost every article about supply chain risk management begins with the complexity and global reach of today’s supply chains.  Over the last fifteen years, companies have made some very critical supply chain enhancements – sourcing from low cost countries, outsourcing manufacturing to sub-contractors across the globe, and going lean.  I characterize these enhancements as Supply Chain 2.0.  

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