We examine how to weigh and prioritize multiple supply chain risk mitigation options and the use of monitoring and triggers to guide level-headed decision making during a crisis, using the risk of a China-Taiwan-US war as an example. We also look at various other examples of high-uncertainty risks where our framework could be usefully applied.
Anything related to managing and avoiding risks, but especially supply chain risk
Scenario Planning for Supply Chain Risk Management—Part One
The importance of effective supply chain risk management intensifies with each new wave of disruptions. A key strategy deserving more attention is Scenario Planning for Strategic Supply Chain Risk Management.
It’s Late. Do You Know Where Your Supply Chain Is?
The Russo-Ukrainian war has put into focus the question of the proper role for responsible enterprises in response to abuses by authoritarian regimes. Here we look at some of the challenges and solutions to managing an ethical supply chain.
Thriving in the Age of Uncertainty – Part Three
We explore various strategies for obtaining supply chain resilience, including mapping and monitoring the multi-tier supply chain, the use of supply chain finance, and building adaptability into physical infrastructure, systems, processes, and people.
The Ethical Supply Chain Practitioner – Part Two: Labor and Ethical Business Practices
A look at how to ensure that suppliers are treating their workers fairly, paying living wages, not using forced labor, providing a safe working environment, allowing collective bargaining, have non-discriminatory hiring practices, and ethical business practices. These are required not only to minimize reputational risk, but to underpin a company’s purpose and identity as a force for good in the world.
The Ethical Supply Chain Practitioner – Part One: The Social Responsibility Imperative
Supply chain practitioners and executives are in a unique position to help change the world for the better by their influence over global supply chains’ labor conditions, environmental footprint, and ethical practices. In this first in a series, we examine what is driving increasing corporate social responsibility and the desire by employees to do meaningful work and make a difference in the world.
Reimagining Regulations: Ideas from a Non-Policy-Wonk – Part Two
Creating cost-effective, gaming-resistant, outcome-achieving regulations is really hard to do. Outside-of-the-box approaches may be our best hope to solving many of the issues.
Reimagining Regulations: Ideas from a Non-Policy-Wonk – Part One
There is a perpetual battle between pro and anti-regulatory advocates. But that tug-of-war misses the point. We need efficient, effective regulation—or alternative mechanisms—that actually work, to ensure a well-functioning, non-abusive society. Here we explore some off-the-beaten-path ideas on how to achieve the (mostly) noble goals of regulation, without the (mostly) inadequate results and high expense of regulation.
Leveraging Global Trade Data-as-a-Service: Part Two – Applications of Trade DaaS
Here we discuss applications of Trade DaaS including ERP/GTM integration, supply chain risk management, sourcing optimization, supplier discovery, price discovery, total landed cost, compliant duty optimization, should-cost modeling, ecommerce, real-time denied party screening, competitive intelligence, lead generation, and KYC.
Concur’s Relentless Quest for the Perfect Trip
Highlights from Fusion, Concur’s annual conference, including Risk Messaging, Hipmunk’s travel bot (Hello Hipmunk), Concur’s SMB business, and more.
The Russians Are Coming?
Stealing trade secrets, patent infringements, piracy, counterfeiting and product tampering damage companies, make people ill, and deflate honest competition. And if financial and trade hacks are not enough, we now fear that our IoT devices can be hacked. Most of all, hacking/stealing trade secrets and hijacking product quality challenge the very notion of innovation, capitalism and free trade–the system that has modernized the world since the industrial revolution and catalyzed the information age.