Archive for risk management

A Must-Read Business Book on Sustainability

Balancing Green is a must-read business book on sustainability. is a well-researched book that cuts through many of the fallacies and wishful thinking that surrounds this topic.

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JDA’s Exciting New Supply Chain Product Strategy

JDA is working toward providing off the shelf solutions that allow companies to use SNEW data – social media, news, event, and weather data – to improve their supply chain capabilities. In short, they are working to leverage Internet of Things (IoT) to improve supply chain management.

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The Next Supply Chain Revolution

I’ve been researching and writing about supply chain management for 20 years. I’ve seen a number of supply chain “revolutions”. In the first revolution, the concept of supply chain, as opposed to logistics, was put forth. Constraint based optimization tools for the extended supply chain were developed to support the new philosophy. As this was going on, Lean and Six Sigma approaches to improving capabilities, not just at the factory level, but in other internal […]

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When you think QAD, do you think SCM?

QAD is far better known for their manufacturing than supply chain solutions.  QAD provides full-featured manufacturing enterprise resource planning (ERP) software, on premise or via the cloud, with very deep functionality for the Automotive, Food & Beverage/Consumer Goods, High Tech, Industrial, and Life Sciences industries. But when I attended QAD Explore last week (May 4th – 6th), I found they were doing more in the area of supply chain management than I knew about. I […]

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Maps: The New “Killer App” in Supply Chain Software?

The iPhone 5 was released last month, and although Apple made some notable enhancements to the phone’s design and sold 5 million units the first weekend, most of the buzz has been about one thing: how inferior Apple Maps is compared to Google Maps, which prompted Apple CEO Tim Cook to issue an apology and recommend using mapping solutions from competitors while they work on the problem. Who knew we loved our maps so much? […]

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Guest Commentary: Transportation Strategies for Mitigating Risk as a Continuous Improvement Initiative

Supply chain disruptions occur in many forms, from simple day-to-day concerns to catastrophic natural disasters. While potential risk cannot be avoided entirely, leading companies are taking a new approach to risk management and optimization. Instead of viewing risk mitigation as a one-time or periodic activity, these companies are assessing risk as a continuous improvement initiative. By adopting a combination of sophisticated technology and best-practice processes, organizations can effectively and continuously examine risk across all aspects. […]

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The Supply Chain Team

Ideally, the supply chain team includes more than just the folks who work in manufacturing and distribution. For the supply chain to work efficiently and effectively, there are other folks in a company (who may not report to the Vice President of Manufacturing or Distribution) that should also be on the team. Human Resources – They can help you acquire talent, figure out systems to fairly evaluate personnel, and fire underperforming folks without being exposed […]

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A Monsanto Plant Tackles Manufacturing Risks

Process manufacturing plants have distributed control systems (DCSs) that are connected to plant floor sensors that monitor pressure, heat, temperature, etc. These sensors are used to regulate processes. For example, flow measurements can be transmitted to the DCS; when the measurement reaches a certain point, the controller instructs a valve to open or close. These sensors can also generate alerts if measurements fall outside desired parameters. These alerts are a key part of supply chain […]

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Supplier Risk Management and the Automotive Supply Chain

I came across a white paper from PriceWaterhouseCoopers (PWC) called “Seizing Opportunity: Linking Risk and Performance”.  In one place, the paper highlights a “global automotive manufacturer” that was “experiencing significant losses due to a key risk in its supply chain:  supplier bankruptcies.”  The company faced the direct costs of those failures, as well as the “indirect costs derived from the poor product quality, unreliable supply, and management distraction” that resulted from the supply chain disruptions.  […]

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