Supply chain risk management - Articles - Page 88

The Path to Success in Strategic Sourcing

July 16, 2012

Tim Jordan, associate director for supply chain management with MAP Pharmaceuticals, talks about the key elements involved in setting up a strategic sourcing program for global companies.

Social Media Are Both Boon and Bane for Businesses

July 13, 2012

CFO

Business uses for YouTube, Facebook and Twitter are fast catching up to the leisure uses that have been their primary raison d'etre so far, and usage of LinkedIn, which was created as a business tool, keeps soaring.

EU Won't Participate in Anti-Counterfeiting Treaty After All

July 12, 2012

News Factor

The European Parliament overwhelmingly defeated an international anti-piracy trade agreement after concern that it would limit internet freedom sparked street protests in cities across Europe. The vote - 39 in favor, 478 against, with 165 abstentions - appeared to deal the death blow to the European Union's participation in a treaty it helped negotiate, though other countries may still participate without the EU.

Failure to Integrate Companies Properly and Timely Sinks Many Mergers

July 12, 2012

The Boston Consulting Group

Acquisitions are a vital component of growth for many businesses. Yet a high proportion of deals fail to deliver value. Why? A common reason is that, because of time pressures and complexity, many companies struggle to integrate fully after the deal. Synergy targets that were so enticing in the run-up to the deal melt away under the realities of meshing two often very different organizations in a short time.

Chubb Group Teams With FreightWatch to Bolster Cargo Security

July 11, 2012

The Chubb Group of Insurance Companies

The Chubb Group of Insurance Companies has joined with FreightWatch International to offer customers additional protection against cargo theft. Under the arrangement, FreightWatch will grant customers of Chubb transportation insurance a 10-percent discount on real-time shipment-tracking services.

Japanese Ministry Retains Accenture to Study Safety, Resilience of Nation's Food Supply Chain

July 10, 2012

Accenture

Accenture has announced a management consulting contract with Japan's Ministry of Agriculture, Forestry and Fisheries for a project to improve food supply capabilities in natural disasters and emergencies.

Foreign Spies Target U.S. Technology and Trade Secrets

July 3, 2012

The Los Angeles Times

Driven in part by the global financial crisis, foreign intelligence services, corporations and computer hackers have stepped up efforts to steal technology and trade secrets from American companies, the FBI's top spy hunter told Congress.

Monte Carlo Simulation Means Quantifying Logistics Risks Doesn't Have to Be a Gamble

July 3, 2012

Fernando Hernandez, Consultant, Palisade Corporation

The expansion of global supply chains has meant an exponential growth of the risk of disruptions to those networks. Catastrophic events, such as the Japanese earthquake and Hurricane Katrina, have highlighted the need for analysis of disruption risk and development of mitigation plans to cope with them. In addition, trends such as globalization, heavy reliance on transportation and communication infrastructures, and lean manufacturing have led to an increase in the vulnerability of supply networks. Furthermore, nodes on supply chains are very often interrelated, causing these vulnerabilities to propagate rapidly.

While U.S. Retail Theft Is Down, Losses Exceeded $34Bn in 2011, Study Finds

June 26, 2012

ADT Commercial Security

Retail theft, including shoplifting, employee theft, administrative error and vendor fraud is down, according to an annual survey recently conducted by the University of Florida. The National Retail Security Survey 2011 report found that theft as a percentage of revenue was 1.41 percent, down from 1.49 percent in the previous findings. This calculates to an approximate $2.6bn decline in losses.

Air Cargo Group Urges Wider International Cooperation on Airfreight Screening Programs

June 26, 2012

TIACA

The International Air Cargo Association has applauded the recent agreements forged by authorities around the world to mutually recognize other countries' airfreight screening regimes. But more nations should follow the lead of these trailblazing countries, TIACA says.