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Increasing complexity of the supply chain creates paramount need for multi-tier visibility and fully automated supply chain processes, according to survey report

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.

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.

"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."

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.

News, information and events for supply chain executives