Friday 15th Dec 2017 - Logistics & Supply Chain

Viewing all Supply Chain Risk articles

BSI targets risk in food supply chain

BSI Supply Chain Services and Solutions has released new food safety and fraud intelligence and assessment management modules designed to allow users to monitor and assess the threat of food contamination, food adulteration, mislabelling, recalls and otherwise deceptive food and beverage products.

UK slavery referrals up by a third

The number of potential victims of labour exploitation referred as part of the framework set up to identify victims of modern slavery in the UK increased by 33 per cent from 2015 to 2016, according to analysis of National Crime Agency data by Kroll, the risk mitigation specialist.

Global supply chains increasingly disrupted

Lack of trust and transparency as a result of ideological and military conflicts are undermining the international supply chains, according to the CIPS Risk Index for the first quarter of 2017.

The risk to your supply chain might not be what you think

2017 is likely to see further threats of cargo theft and drug smuggling in the Americas and Europe, protests over wage and other labour issues across Asia, and persistent risks of terrorism, including terrorist targeting of the supply chain.

Should you risk it?

Extending supply chains to take advantage of the rapidly growing economies of the Far East, has also extended the range of supply chain risks that organisations have to manage. And building resilience in to the supply chain is a complex process.

DHL and UN start airport disaster training week

Deutsche Post DHL Group and the United Nations Development Programme are conducting joint preventative training, known as Get Airports Ready for Disaster (GARD), from 5 to 9 September at Bali’s Ngurah Rai International Airport, Lombok International Airport and Selaparang Airport in Lombok.

Time to test yourself against the best

It’s time to test yourself against the best supply chains in The  Supply Chain Excellence Awards 2016, organised by Logistics & Supply Chain.

Time to target supply chain fraud

Managing supply chain risk is a vital task, but to what extent are organisations targeting fraud in the supply chain?

Businesses ‘woefully unprepared’ for slavery act

UK businesses are woefully unprepared for the Modern Slavery Act’s reporting requirement despite the fact that the new rules come into force on 1st April, the Chartered Institute of Procurement & Supply has warned.

Avoiding risk is no longer enough

The warnings of the past decade are starting to manifest themselves in new, sometimes unexpected ways and harm people, institutions and economics – that stark warning is the starting point for the World Economic Forum’s latest Global Risks Report.

Rising cost of supply chain disruption

Business interruption now accounts for a much higher proportion of the overall loss than was the case ten years ago – and that is down to increasing interdependencies between companies, the global supply chain and lean production processes.

TIACA calls for collaboration on migrant crisis

The International Air Cargo Association has called on world leaders meeting at the United Nations to work together to find solutions to the on-going migrant crisis in Europe.

Redcar steel plant warning

Closure of the SSI UK steel plant at Redcar on Teesside would have significant supply chain impact, Stan Higgins, CEO of the North East Process Industry Cluster (NEPIC) has warned.

KitKat just got a little bit sweeter

It might be sweet and gooey and deliciously chocolatey, but, in the UK at least, there has always been a strong moral dimension to the cocoa business.

The £212bn supply chain risk

The issue of supply chain finance came to prominence during the recession as large corporations started to realise that the collapse of key suppliers was a real possibility and could seriously disrupt their business.

UN body backs supply chain licence plan

The United Nations Development Programme (UNDP) has come out in favour of a licensing system for supply chain professionals to ensure that they are trained and accountable for any malpractice.

Take the triple supply chain advantage

It’s all too easy to find examples of malpractice in extended supply chains – dodgy employment practices, use of child labour, or for that matter the Bangladesh fashion factory fire in 2012.

DHL enhances risk management platform

DHL has launched the next phase Resilience360, supply chain risk management platform that alerts customers about global incidents and risks to their global supply chain in almost real time.

It’s not just carbon – it’s money

 Even the lightest dusting of snow can cause chaos in London – roads becoming impassable, schools close, and trains stop running. So it’s quite shocking to find that the UK is considered among the best prepared to deal with climate change.

New year, new risks

Business interruption and supply chain risk tops the list of business risks, according to the latest Allianz Risk Barometer.

Sainsbury’s pilots training on slavery in the supply chain

Sainsbury’s has started working with the Gangmasters Licensing Authority, which investigates labour exploitation, to train its product suppliers to identify whether hidden exploitative practices exist at the farms, pack houses, processing plants and factories throughout the global supply chain.

Creative chains

A failure in the supply chain can stop a production line or leave store shelves empty, disappoint customers and ruin a company’s reputation. But there is plenty of creative thinking about how to respond to the challenges, says Malory Davies.

Slavery: the next supply chain challenge

Yesterday the UK’s Salvation Army published a report which revealed a 62 per cent rise in the number of victims of slavery that it has been called on to support in the past year. Not surprisingly, the government now wants large companies to make an annual statement on the action they have taken to ensure […]

BSI to assist in supply chain risk management

BSI, the business standards company, has launched a scheme to assist organisations in the assessment of security risks in supply chains, in response to an increase in the threats posed to global operations.

Good channel, bad channel

The good news for retailers is that going over to an omni-channel approach can boost sales by up to 20 per cent. The bad news is that getting it wrong can expose the business to serious risks. In fact, over a third of retailers that claim to be omni-channel have seen an increase in customer […]

Risk management and standardisation key to SRM rise

Supplier risk management and standardising processes are the key factors behind implementation of a supplier relationship management (SRM) tool, according to a poll of purchasing professionals conducted by Ivalua and released yesterday (Monday). Trending in Procurement surveyed 283 purchasing professionals in Europe (60 per cent) and North America (40 per cent) between June and September. […]

Online shopping: the hidden cost

Goods lost in transit is a perennial problem, but now there is evidence that it is becoming more of an issue with the growth of online shopping. A recent survey of loss prevention professionals found that 88 per cent see retailers placing a greater focus on fraudulent goods lost in transit (GLIT) claims than they […]

Risk index at an 18 month low

The news is full of conflict at the moment – conflict in Gaza, in Iraq and the Ukraine. And then there is the Ebola outbreak in West Africa. So it would be reasonable to assume that supply chain risk is increasing. But the latest Risk Index from the Chartered Institute of Purchasing and Supply (CRI) […]

Carriers expect to use cargo drones within 15 years

Over 40 per cent of logistics carriers believe they will use drones for delivering goods in the future, according to a study by the National Aeronautical Centre. And they believe it could happen within the next 15 years. The figures come just days after Google revealed it is developing a drone delivery system, Project Wing. […]

Transport prices on the rise

Times have been tough, economically, across much of Europe for the past few years, and it is hardly surprising that many countries saw big protest votes in the elections for the European parliament which have just taken place

Supply chain disruption costs manufacturers £58m

Large UK manufacturers lost more than £58m dealing with the fall-out from supply chain disruptions in 2013, according to a study commissioned by risk management specialist Achilles

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