Douglas Kent, global vice president with Avnet Velocity, talks about why there has been renewed interest in supply-chain risk management at the highest level of company operations.
You know all that CRM data you've been so lovingly collecting from loyalty programs, special offers, POS systems and any other way you could find to gather shopper information? It's about to be put at risk by a data broker - and not in the way you expected.
Mitigating the risk of sanctions under the U.S. Foreign Corrupt Practices Act (FCPA) is a core concern in every international commercial transaction, including cross-border distribution and franchising relationships.
The disposal of computers and other electronic and electrical goods, e-waste, is a growing global problem, with much of the often dangerous junk winding up in emerging countries.
With every crisis comes opportunity. The Great Recession, which choked off access to capital and placed suppliers around the world in economic jeopardy, triggered the growth of supply-chain finance programs, benefiting suppliers and buyers alike.
Accellos Inc. has integrated its Prophesy Dispatch transportation-management software (TMS) with Rand McNally's in-cab mobile fleet-management devices.
With worries about data breaches and privacy violations mounting by the day, corporations are becoming more aggressive about preventing physical and financial losses, experts say. In some cases, they add, that can involve counterattacks against hackers.
A mixture of financial necessity and commercial reality is further forcing ocean carriers to return to providing core services only. Shipping lines are still being squeezed out of providing home-grown integrated logistics services. This is evidenced by Maersk's recent news that it has entered into an agreement to sell the assets of its U.S. trucking subsidiary, Bridge Terminal Transport.
Leading global supply chains have become dependent on the same small group of sub-tier suppliers - concentrating the risk and increasing the potential for crippling supply chain disruptions, according to Resilinc, which provides solutions for supply chain mapping, visibility and event monitoring.