Tag: supply risks

SCM Insights
July 14, 2020

Supply Chain Risk Management – far more than just getting out of the current crisis

Matching themes: Covid19, Risk Management, Security of supply, supply risks, visibility, VUCA

The next crisis is just around the corner. A holistic supply chain risk management helps to better brace yourself for all the eventualities of the future
The next crisis is just around the corner. A holistic supply chain risk management helps to better brace yourself for all the eventualities of the future

The current coronavirus crisis clearly shows how vulnerable and susceptible to disruption supply chains are today. It also shows how important it is to anticipate disruptions of any kind in order to minimize their impact. In this context, supply chain risk management plays a major role. Essentially, it is a matter of finding answers to the following questions:

  • What risks is my supply chain exposed to?
  • How can I identify problems in my supply chain as quickly as possible, catchword early warning system?
  • What do I need to do to minimize loss and to be even stronger in the end?
  • As well as the lessons learnt: Which measures should I implement to ensure that I can effectively respond to any future risks?

Read more

SCM Insights
April 23, 2020

Visibility, Analytics & Intelligence: Get full transparency on your supply chain, not just in times of crisis!

Matching themes: Analytics, Covid19, Digital Supply Chain, Risk Management, Security of supply, Smart Supply Chain, supply risks, VUCA

SupplyOn Analytics links internal and external information - thus ensuring visibility and a robust, crisis-proof supply chain
SupplyOn Analytics links internal and external information – thus ensuring visibility and a robust, crisis-proof supply chain

Planning, purchasing, logistics and transport management are traditionally separate processes, typically located in different departments. The material planners determine how many parts production requires and order these from the supplier, considering safety stocks. The suppliers operate in their own systems, as does the transport service provider. What, when, in what quantity and at what time is to be delivered usually remains unclear until goods receipt. Read more

SCM Insights
April 16, 2020

How to implement an efficient risk management system

Matching themes: Analytics, Covid19, Inbound Supply Chain, Material Visibility, Risk Management, Security of supply, smart logistics data, Smart Supply Chain, supply risks, VUCA

Teaser image: Efficient risk management is key to making supply chains and production capacities more resilient, and thus more crisis-proof
Efficient risk management is key to making supply chains and production capacities more resilient. To obtain the full picture, you need to consider suppliers, logistics as well as external events

The current coronavirus pandemic poses enormous, unprecedented challenges for companies. Efficient risk management plays a central role in meeting these challenges. It is not so much a question of whether the current situation could have been anticipated and planned for. Rather, the focus is on how companies can now best protect their core processes and increase the resilience of their operations. Read more

SCM Insights, Technology, Use Cases
July 18, 2019

3 Use cases how companies benefit from Smart Logistics Data

Matching themes: Analytics, Inbound Supply Chain, Risk Management, Security of supply, Sensors, smart logistics data, Smart Supply Chain, supply risks

Smart Logistics Data help you to anticipate potential risks and proactively take countermeasures. Here are three typical uses cases
Smart Logistics Data helps you to anticipate potential risks and proactively take countermeasures to ensure a smooth production process as well as high production quality and supply reliability

Transport damages to goods, delays in delivery, poor delivery reliability: These are three typical use cases in which Smart Logistics Data helps to identify and counter risks well in advance. Read more

SCM Insights
November 29, 2018

Why comprehensive data consolidation is the basis for efficient risk management

Matching themes: Analytics, Risk Management, Security of supply, Smart Supply Chain, supply risks

The success formula for efficient risk management: Tear down the silos and consolidate your data first
The success formula for efficient risk management: Tear down the silos and consolidate your data first

Nowadays, everyone is preaching that data is the new oil. But unlike oil, it’s not (just) the sheer output volume that matters here. What really counts is the efficient use of this data so as to draw the right conclusions in terms of the supply chain reliability. Read more

SCM Insights, Use Cases
March 23, 2015

Mitigating supply risks: Integrating suppliers and transportation service providers using the SupplyOn notification portal to ensure process reliability

Matching themes: ASN, Inbound Supply Chain, Security of supply, supply risks, transport management

When it comes to procurement and logistics, all business enterprises at the global level are faced with similar challenges. Procurement and material supply processes are becoming more complex, yet at the same time inventory costs have to be reduced while improving material handling.

In order to achieve effective, sustainable improvements in this environment, precisely coordinated, mutually agreed collaboration between all inbound supply chain partners is an absolute must. You must define and codify processes with your suppliers and transportation service providers to minimize supply chain risks.

You should ask yourself the following questions: Read more

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