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Supply chain management can go a long way in determining the fate of a business. Just ask any businesses that were impacted by the disruption of seafood supply during the BP oil spill in the Gulf of Mexico.
And yet according to three Iowa State University (ISU) College of Business professors who have studied supply chain security and its effectiveness in businesses nationwide, research shows that large companies encounter a major supply chain disruption every four to five years on average. That's why businesses have been taking even greater strides to protect their supply chains since the 9/11 terrorist attacks, according to three Iowa State University College of Business professors who have studied supply chain security and its effectiveness in businesses nationwide.
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Study finds successful supply chain disruption strategies - 0 views
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Their new study of managers from 69 companies, which will be published in an upcoming issue of the Journal of Business Logistics, found that having a clear strategy is far more valuable in perceived effectiveness than either availability of resources or management support. So don't just throw money at the security problem, they say.
Reduce Supply Chain Risk by Identifying Potential Threats - 1 views
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Supply chain executives can better manage risk with a new service from Dow Jones & Company that provides ongoing, active monitoring of a wide range of potential threats. Dow Jones Supplier & Risk Monitor offers proactive monitoring of all types of risk including supplier failure, supply continuity, political exposure, reputation management, product safety, plant and port closures, staffing disruptions and more.
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Dow Jones Supplier & Risk Monitor can be fully customized with widgets installed directly into a customer's workflow or hosted in a dashboard format, ensuring that the most current supply chain intelligence is always accessible. In addition, users can set up alerts, so they can be informed about key news and information by email or mobile device.
10Minutes on supply chain risk management - 0 views
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PwC explores how global supply chains are being tested by major upheavals in the world economy. The financial crisis is taking a heavy toll on worldwide manufacturing activity, and with credit becoming tight and consumer demand collapsing, bankruptcies have risen at an alarming rate.
Modern Supply-Chain Risk Management - 0 views
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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.
SDCExec.com - Manufacturers Continue to Report High Levels of Supply Chain Risk - 0 views
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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.
Supply Chain Risk: It's Time to Measure It - The Conversation - Harvard Business Review - 1 views
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The recent Toyota brake pedal disaster is an example of a massive failure in product design magnified by supply chain lead time.
Are You Ready for Economic Recovery? - 0 views
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The economically driven business actions over the past two years dramatically reduced inventories in the supply chain. At the time, these cuts were, for many, a stay-in-business strategy. However as the market turns towards recovery, this same business sustainability decision may be creating supply chain risk.
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Determining the criteria that will prepare an organization for economic recovery and ultimately move it along the business sustainability scale has become a focus of our sustainability consulting and many leading supply chain actions in ...
Dow Jones Supplier & Risk Monitor - 0 views
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