GLOBAL SUPPLY CHAIN RISK MANAGEMENT PART 1: DIFFERENCES IN ATTITUDES

November 1, 2019

In the fall of 2009 MIT CTL conducted a global survey of supply chain risk experiences, attitudes, and risk management practices. Over 1400 supply chain professionals from 70 countries participated. The survey asked business and supply chain managers their opinions about the importance of risk prevention compared to response preparedness. Overall, 54% of respondents considered risk prevention more important, 30% viewed them as equal, and 16% considered response preparedness more important.

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Accuristix

Accuristix is a third party logistics company with the sole focus of providing advanced outsourced logistics and management services to manufacturers in the pharmaceutical, specialty pharmaceutical, biotech, medical devices, consumer health products, health and beauty aids, natural health products and nutritional segments of the healthcare industry.

OTHER WHITEPAPERS
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Autonomous Vehicle Implementation Predictions Implications for Transport Planning

whitePaper | May 9, 2022

This report explores the impacts of autonomous (also called self-driving, driverless or robotic) vehicles, and their implications for transportation planning. It investigates how quickly such vehicles are likely to develop and be deployed based on experience with previous vehicle technologies

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Data science for supply chain whitepaper

whitePaper | May 17, 2022

From Master Data driving ERP software to real-time IoT streams enabling fine grain tracking and optimization, Data is omnipresent when dealing with Supply Chain processes. However, the abundant information is not always leveraged to actually improve the overall flow. Often locked away in specialized software, siloed between departments of the same company or simply not made accessible to business practitioners, the premise of a data-driven Supply Chain falls short of expectations.

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Using FBX to manage freight rate volatility

whitePaper | June 6, 2022

The daily Freightos Baltic Exchange Container Index (FBX) provides the market with a credible and fully transparent reference point. It is based on the world’s largest global database of multimodal freight rates using realtime data from logistical providers and overseen by an institution whose information already underpins billions of dollars-worth of physical and forward freight contracts in the dry bulk, oil and gas transportation markets.

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Understanding and Meeting Customer Expectations for Hydrogen Trucking

whitePaper | July 26, 2022

A whitepaper setting out the needs of truck end-users and logistics providers as these organisations look to decarbonise operations, focusing on the opportunities and challenges that hydrogen trucking brings. This paper discusses the role of hydrogen in facilitating truck end user decarbonisation targets, as well as supporting logistics companies to maintain operations amidst increasing regulatory pressure to reduce emissions. The paper outlines the needs and expectations of customers in terms of operational and infrastructure requirements, cost, and policy intervention to enable a transition to zero-emission heavy-duty trucking across Europe.

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What is LTL Freight.

whitePaper | November 24, 2022

Sometimes you’ll have freight that is too large to send with a parcel provider, like the US Postal Service, but too small to fill a standard truck. Most often, trying to move your freight as a parcel or truckload shipment would be costly because it’s not the ideal size for those providers. This is where LTL shipping comes in! LTL is an industry acronym that stands for “less-than-truckload”. LTL refers to those shipments that are, quite literally, less than a truckload. They do not need all the space provided in a standard truck trailer because of their size and/or weight. In this case, you’ll find using an LTL carrier is more cost-effective than using a truckload carrier for your freight.

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2022 & Beyond: Continued Challenges in the Automotive Supply Chain

whitePaper | February 28, 2022

While our inboxes are flooded on a daily basis with news about how the pandemic has created supply chain and commodities issues, global organizations must think about more than just near-term issues. Although the pandemic will recede, long-term factors like geo-politics, evolving governance standards, changes in regulations, environmental and tax laws, and implementation of new trade agreements will force a reorientation of global supply chains. Gone are the days where “lean” metrics were the sole drivers of supply chains, as a multitude of factors must be considered moving into the future.

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Spotlight

Accuristix

Accuristix is a third party logistics company with the sole focus of providing advanced outsourced logistics and management services to manufacturers in the pharmaceutical, specialty pharmaceutical, biotech, medical devices, consumer health products, health and beauty aids, natural health products and nutritional segments of the healthcare industry.

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