Protests against a natural gas pipeline are crippling Canada’s railways — key economic arteries in the sprawling, trade-dependent nation — and prompting cries of “insanity” and “ecoterrorism” from business leaders.
Analyst Insight: The growth of e-commerce, coupled with continuing evolution of the supply chain, has made moving dangerous goods in a safe and compliant manner more important than ever. Unfortunately, several key gaps exist within many organizations’ processes and infrastructure that make maintaining a reliable hazmat supply chain challenging, and put their operational efficiency, reputation and bottom line at risk.
Analyst Insight: The shipping and handling of lithium batteries has become a highly challenging and regulated endeavor. Given the fire risk associated with this hazardous material, heavy restrictions on transport and storage, from commercial aircraft bans to state-of-charge rules, have been imposed. As a result, organizations often struggle to cope with the impact of these requirements on the supply chain, and find a safe, compliant and cost-effective approach to packaging these materials.
Analyst Insight: The past couple of decades have seen a globalization of supply chains. This has heightened the importance of the supply chain to overall operations, but it has also come with increased risk and security requirements. As a result, the role of supply-chain finance has increased in importance, and is a critical area moving forward.
Analyst Insight: Construction projects are filled with certain risks, ranging from occupational risk to construction defects and property damage to general liability. Many firms have difficulty managing these risks on an ongoing basis, and others find measuring a project’s overall risk performance impossible. Using technology to manage risk is key to mitigating any issues that might arise.