Expert opinion suggests that levels of risk are rising in almost all of the 23 risks on which the Global Risk Network has been focussed over the last year - but mechanisms in place to manage and mitigate risk at the level of businesses, governments, and global governance are inadequate. Global Risks 2007, […]
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As pointed out by JP Massin in his Strategic Sourcing Europe blog, APICS and Protiviti recently released a study on Procurement Contract Risk Management.
As noted by JP Massin, the conclusion is that a large proportion of organizations need to improve the management of their procurement contract risks and opportunities. And this seems to hold […]
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Yesterday, Aberdeen released their latest supplier performance and risk management benchmark report, Supply Risk Increasing While the Market Stands Still, which found that although two thirds of the organizations surveyed expect supply risk too increase, only 49% of organizations have bothered to implement a supplier performance measurement and risk management program. That tells me […]
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Last fall I introduced you to global trade data management (posts I and II), as well as Global Data Mining and the International Trade Bureau.
A few months ago, even though it only hit the on-line edition recently, the Supply Chain Management Review published Building a Strong Framework for Trade Compliance. In the article, they […]
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Given the recent supply chain failure of Imperial Oil, as laid out by David Rotor over on the Procurement Investor blog (which is still being felt by many Canadians who saw gas prices spike 35% in some places), I think it is worth pointing out an AMR Research article from January that noted that we […]
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I’ve been harping about Risk Management a lot lately, but that’s because I know that your supply chain will be disrupted (and in the case of Imperial Oil, as pointed out by David Rotor in his recent post, it already has). It’s a statistical certainty outranked only by death and taxes. The only […]
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Your supply chain will be disrupted. Bet on it. You’ll win. The only two things more absolute in this world are death and taxes. I’ve told you that there is Real Risk in your supply chain. I’ve reviewed the basics of Managing Business Risk. I’ve even went so far […]
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Today I’d like to welcome back Jim Lawton, VP and General Manager of Open Ratings, a D&B company, back for a follow-up on his Five Types of Supply Risk piece and the role of information and technology in risk mitigation.
Let’s face it - the single best way to reduce your exposure to risk introduced […]
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When I was in the Dallas area recently, I had the opportunity to sit down with Michael Zier of Austin Tetra and talk about what lies ahead for Austin-Tetra and how their recent acquisition by Equifax is going to help them to move forward.
Austin Tetra is a very interesting animal in the […]
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Today I’d like to welcome Jim Lawton, VP and General Manager of Open Ratings, a D&B company with a range of supply risk management solutions for automotive, aerospace and industrial manufacturers.
Risk is a painful reality in manufacturing today. Strategic initiatives like low-cost-country sourcing and supplier rationalization programs only increase manufacturers’ exposure and vulnerability […]
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