Managing Risk in the Supply Chain: Once Bitten, Twice Shy?

Flood waters cover cars at Honda factory north of Bangkok, Thailand Oct. 2011

Revered playwrite George Bernard Shaw once said “Success does not consist in never making mistakes but in never making the same one a second time.” Recently there was a highly-publicized construction project close to my neighborhood east of Toronto, Canada. The new office building was to be the centerpiece of a business improvement area revitalization [...]

Olympic Games and Supply Chain Risk: UK Mid-Sized Businesses Poorly Prepared

Will Thugs Disrupt The Games?

You can lead an equestrian to water, but you can’t make it drink. In spite of continued warnings over the past three or four years, many medium-sized businesses in the UK seem ill-prepared to deal with potential disruptions to their supply chains, which might result from natural disasters, labor unrest, pandemics, social upheaval, or dislocation [...]

Supply Chain Risk Management: A Matter of Life and Death

Cleaning Production Lines at Maple Leaf Foods 2008

Sometimes, it takes a tragedy to drag the supply chain into the spotlight. In spite of our best intentions, things go wrong. Occasionally, things go terribly wrong. Failure in the supply chain can be a matter of life and death. It is up to supply chain practitioners to prevent such tragedies by building secure and [...]

ICT Supply Chain Risk: Intensifies with New Technologies and Global Complexities

Information Systems Security

The level of supply chain risk to which US Federal Information Systems are exposed varies directly with the level of sophistication of information and communication technologies (ICT), and the increasing complexities of global supply chains. This is the opening premise of a study undertaken by the NIST on behalf of the US Department of Commerce. [...]

Japan One Year Later: What Did Supply Chain Practitioners Learn from the Tsunami?

Beached Vessel and Devastation in Japan: March 11, 2011

The importance of managing risk through the supply chain has become painfully evident as a result of natural disasters which have occurred in recent months and years. Not withstanding the obvious human cost and tragedy that ensued, catastrophes caused by the earthquake and tsunami in Japan, flooding in Thailand, factory explosions in Germany, and volcanic [...]

Managing Risk: Lessons from the Octopus

What in the world does this guy have to do with Supply Chain Management?

In the 21st Century, managing risk, including setting down action plans to follow in the event of a natural catastrophe, is a major concern for governments, businesses, NGO’s, and individuals in the 21st century. That we are very concerned about the human cost of natural disasters, pandemics, and civil unrest – including terrorist attacks – [...]

Moreno Valley’s World Logistics Center: High Risk or Safe Bet?

Highland Fairview's President and CEO Iddo Benzeevi

The ports of Los Angeles and Long Beach are among the busiest in the world, and as a result, inland Southern California has grown to become an enormous distribution hub, attracting numerous third party logistics providers (3PL’s). It is within this environment of tremendous opportunity that developer Highland Fairview and its president and CEO, Iddo [...]

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