Analyst Insight: As the concept of supply chain risk management matures into a discipline, we witnessed that most disciplines need frameworks to ensure initial success and sustainability. This is holding true for the growth and maturity of SCRM. The Association for Operations Management, or APICS, has embraced SCRM by working with the Risk Consortium to create a first-of-a-kind certificate in SCRM, providing a solid baseline for what a framework is and how it supports a successful supply chain journey. – Gregory L. Schlegel, Founder, The Supply Chain Risk Management Consortium, Adjunct Professor, Supply Chain Risk Management, Lehigh University, and Adjunct Professor, Enterprise Risk Management, Villanova University
Analyst Insight: Supply chain risk management is an evolution of business processes, techniques and focus over a multitude of elements. As supply chains have evolved to value chains, so too have the methods for supply chain risk management. Value chain risk management requires a broader integrated strategy, focused on reducing the risk at each point in the value chain, while balancing risk and resiliency. – Mickey North Rizza, BravoSolution
Why do U.S.-owned private maritime security teams continually get in trouble on ships overseas? Does the U.S. adhere to a lower standard than the rest of the world when it comes to private maritime security? The answers may surprise you.
FreightWatch International, a logistics security solutions provider, recorded 951 cargo thefts throughout the United States in 2013, the same amount as recorded in 2012, tying for the highest level of theft incidents on record.