The attacks on Red Sea shipping have forced carriers to reroute their vessels around Africa’s Cape of Good Hope, resulting in increased cost. But that hasn’t fazed New Balance.
The computer system gave the locomotives dangerous instructions, the complaint alleges, telling the lead locomotive to slow down and the middle locomotive to speed up while climbing a hill.
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Risk-management initiatives are so important that the C-suite must reassess and rebuild agile, resilient supply chains, says Lisa Morales-Hellebo, founder and managing general partner of Refashiond Ventures.
Moving from risk-reduction mode (defense) to opportunity-creation mode (offense) requires a mindset change and more advanced processes, technologies and talent.
The NRF argues a federal response to organized retail crime is critical, as law enforcement agencies across jurisdictions often lack sufficient resources to quickly catch and prosecute retail criminals.