Executive Briefings

Time to Include Risk in Your Supply Chain Optimization Model

Optimization software has yet to address the inclusion of risk issues within the solution. In today's high-risk world, with diversion, piracy, damaged goods, and potentially unstable weather and geologic events, this lack of visibility could be putting you at higher levels of risk. For instance, do your electronic parts ship from Singapore directly to Oakland? Or does the ship stop in Indonesia and then transfer your container onto a ship bound for the U.S.? Most shippers don't know. Recent earthquakes and tsunamis delayed or endangered some shipments. And some shippers were surprised to discover their shipments were even in some risky ports. 

Read Full Article

Optimization software has yet to address the inclusion of risk issues within the solution. In today's high-risk world, with diversion, piracy, damaged goods, and potentially unstable weather and geologic events, this lack of visibility could be putting you at higher levels of risk. For instance, do your electronic parts ship from Singapore directly to Oakland? Or does the ship stop in Indonesia and then transfer your container onto a ship bound for the U.S.? Most shippers don't know. Recent earthquakes and tsunamis delayed or endangered some shipments. And some shippers were surprised to discover their shipments were even in some risky ports. 

Read Full Article