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The fragility of supply chain security in many ways, rests on the shipping container. The incident in the Suez Canal has shed light on vulnerabilities and complexities within the supply chain.
The goal of the partnership is to improve the training and education of the workforce in support of cybersecurity protection and resilience along with supply chain risk management.
Some industries experienced more upheaval than others. The survey found that 65% of supply chains in aerospace and defense, on average, were disrupted by the pandemic.
Cybersecurity threats are increasingly sophisticated and targeted. Hackers who want your information or want to disrupt your operations are looking for any way into your network.
It’s not just the resiliency of the citizens of New Orleans that has earned the right to be celebrated this hurricane season. Businesses should also be celebrated for their resiliency. I recently spoke with executives from Cooperative Processing Resources (CPR) and LifeShare Blood Centers about the ways they avoided severe downtime during Hurricane Katrina, and bounced back as even more resilient organizations.
Spring is here. And it could not have come soon enough, after a particularly difficult winter for most of the U.S. Record-setting snow falls, flooding, and extreme cold temperatures plagued businesses, homeowners and travelers from November through March. Businesses shut down, flights were grounded, and many people were forced to hunker down and stay home.
Speaking of a supply chain security challenge, one of United Iron and Metal’s warehouses is outdoors in a hard-scrabble urban neighborhood of Baltimore, and it sprawls over more than 20 acres with one boundary chockablock against railroad tracks. Unwanted visitors were a relentless headache... until John Creighton, the director of security at United Iron and Metal, did something about it.
In August, Ryder System Inc. received recognition as a “2014 Great Supply Chain Partner” for the 12th consecutive year. The 12th Annual List was the result of a six-month online poll in which supply chain professionals were asked to nominate vendors and service providers whose solutions have made a significant impact on their company’s efficiency, customer service and overall supply chain performance.
Regardless of your products, your company most likely sources raw materials, parts, finished goods or packaging from foreign business partners. Leveraging business partners, as opposed to building their own foreign production capabilities, allows companies to shift suppliers to low-cost regions without worrying about their foreign investments. Every year the global supply chain and the flow of international goods continues to increase.
