The Deloitte & Touche LLP consultancy has teamed up with LLamasoft Inc., a provider of supply-chain design software, to provide risk-management services to global companies.
According to Peter Quantrill, director general of the British International Freight Association, it was "hardly surprising" to hear the recent news that the U.S. has delayed new rules requiring all cargo containers entering the U.S. to be security scanned prior to departure from overseas for two more years, amid questions over whether this is the best way to protect U.S. ports.
Organizations around the world lose an estimated 5 percent of their annual revenues to occupational fraud, according to a survey of certified fraud examiners who investigated cases between January 2012 and December 2013. Applied to the estimated 2013 gross world product, this figure translates to a potential total fraud loss of more than $3.5tr.
The semiconductor and electronics industries have learned in the most difficult manner in the past few years how damaging business disruptions due to weather can be.
Today, businesses of all stripes are sowing the seeds of Big Data everywhere. And if we think Big Data is big, just think how that data multiplies and branches out when rooted in the multifaceted field of supply chain management.
The growing Internet of Things (IoT) will bring new opportunities and challenges, not the least of which will be increased spending in retail IT and advanced security concerns.
Research McKinsey conducted in partnership with the World Economic Forum suggests that companies are struggling with their capabilities in cyber-risk management.
A British senior executive working in China for the global pharmaceutical giant GlaxoSmithKline helped orchestrate a long-running bribery and fraud scheme that involved making secret payments to doctors, hospital staff and government officials to bolster drug sales, Chinese authorities said.
A week after a train loaded with crude oil from North Dakota exploded in downtown Lynchburg, Va., dumping 30,000 gallons of oil into the James River, the Department of Transportation announced two moves to try to keep this from happening so frequently. It's doubtful that either will make much of a difference in preventing what's become a major safety hazard in the U.S.