15 items | 6 visits
ISM Silicon Valley's List: Supplier Risk Mgt
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Mar 22, 13
IBM Predictive Analytics Systems Averts Supply-Chain Disruptions
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Nov 29, 10
Balance Supplier Risk Versus Reward http://bit.ly/e2fwTg #supplyknowledge
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In the wake of constant demand and supply market changes driven by recent economic crises, procurement and supply chain professionals are facing higher expectations from management to drive down costs. But a myopic focus on cost savings can have an impact on supply and supplier risk, and can result in the unintended consequence of diluting the total value delivered from that supplier relationship. The key, therefore, is to balance supplier risk with reward to obtain the greatest benefit from suppliers while minimizing risks.
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Supplier risk can happen anywhere, anytime and with any supplier, but D&B Supply Management Solutions (D&B SMS) has debuted a new solution aimed at giving procurement, finance and vendor management professionals "anytime, anywhere" access to supplier status and alerts from their mobile devices.
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Apr 01, 10
We've determined that a best-in-class supplier risk management process consists of four steps and manages risk throughout the lifecycle of a supplier.
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Supplier risk management is defined as the process of predicting and preparing for the probability of variables which may adversely or favorably affect the supply chain. Supplier risk management is not a new concept; however, the type of risk that can affect the supply chain and the way in which these risks are managed and mitigated has evolved significantly. The need for proactive and predictive management strategies is ever present in business today.
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Comprehensive supply-chain risk management plays an important strategic role in the operation of successful businesses, protecting their most valuable assets while creating a unified, high-performance risk mitigation model.
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Feb 05, 10
The recent Toyota brake pedal disaster is an example of a massive failure in product design magnified by supply chain lead time.
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Jan 31, 10
For the second straight quarter, more than one-third of North American manufacturers responding to MFG.com's MFGWatch survey say they've experienced a significant supply chain disruption in the past three months.
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Jan 13, 10
"Aravo, the leading provider of SaaS Supplier Information Management (SIM) software and services, today announced the results of a new supplier risk poll exploring the opinions and concerns of Fortune 1000 executives. While global corporations are focusing on creating collaborative partnerships with suppliers to make supply chains more efficient, the poll indicates that their top concerns include ongoing supplier financial viability, ensuring regulatory compliance, and managing suppliers in emerging markets."
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Jan 10, 10
Whether caused by weather, pandemics or financial meltdowns, every supply chain will experience disruptive events, says Phil Renaud, vice president of risk management at Exel.
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Jan 10, 10
Solution allows Dresser-Rand to keep tabs on financial health and other risk factors of its suppliers, so it can step in for corrective action before disaster strikes.
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