Significant further testing must be conducted into the provision of advance data for air cargo and mail parcels security screening. Furthermore, common global standards and procedures must be developed to avoid potentially serious disruption to the flow of world trade, according to The International Air Cargo Association (TIACA).
If you're a supply-chain executive, there's a good chance that the next tsunami, hurricane, flood or other disaster will take your organization by surprise. Again.
Here's the latest advice for supply-chain managers: Sweat the small stuff. Manufacturing company executives responsible for parts and supplies tend to worry most about what would happen if deliveries from one of their biggest suppliers were disrupted by a natural disaster or other unforeseen event, says David Simchi-Levi, an engineering professor at the Massachusetts Institute of Technology.
Orbcomm Inc., a provider of machine-to-machine technology, has launched its solar-powered GT 1100 trailer-tracking system for the transportation and distribution industry.
The number of companies falling victim to fraud has increased in the past year, according to the 2013 Kroll Global Fraud Report. Overall, 70 percent of companies were affected by fraud in the past 12 months, up from 61 percent the previous year, and there was an increase in every category of fraud covered by the study.
The International Chamber of Commerce's International Maritime Bureau (IMB) has revealed that piracy on the world's seas is at its lowest third-quarter level since 2006, but warns of the threat of continuing violent attacks off the East and West coasts of Africa.