Why supply chain risk management is critical for medium-sized businesses

How far down the supply chain businesses look will depend on the business-critical nature of the supplies in question, but the high incidence of disruptions from below tier one should prompt firms into action. According to Zurich’s research, working with the Business Continuity Institute in 2014, around 50% of supply chain disruptions come from suppliers in tier 2 or below. The fact they are not direct suppliers makes it more difficult for medium-sized businesses to analyse these suppliers, but the number of disruptions they account for shows just how important it is to generate this improved level of understanding. At the moment businesses are still not doing enough to understand their supply chain risks at a level that will really allow them to employ appropriate and effective risk mitigation strategies, reduction transferral and retention strategies.

Spotlight

Aeronet Worldwide

Aeronet Worldwide's vision is to be the most reliable and efficient provider of global integrated logistics solutions. We succeed by consistently exceeding client expectations in quality, cost and delivery. Stemming from our original focus on urgent shipping solutions, Aeronet now offers a broad range of personalized transportation services, including international, domestic, and integrated supply chain solutions.

OTHER WHITEPAPERS
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Oracle For SAP TECHNOLOGY UPDATE

whitePaper | August 1, 2022

The relationship of Oracle Corporation and SAP SE has been and is based on a long history, a rich heritage of joint developments and a bright future – for the benefit of our mutual customers. Both companies have had an ongoing commitment to our tens of thousands of joint customers for over 30 years.

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Improving the Last Mile With Secure, Unattended Asset-Transfer Solutions

whitePaper | April 6, 2020

With final-mile deliveries on the rise, it’s more critical than ever to efficiently and securely transfer assets between business partners. Despite improvements in route planning, dock scheduling, and transportation-management systems, the biggest problem remains — sometimes there’s simply no one available to receive the delivery.

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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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Green shipping corridors: leveraging synergies

whitePaper | October 12, 2022

In 2021, as part of the United Nations Climate Change Conference (COP26), 19 countries, including the United States (U.S.), United Kingdom (U.K.), Chile and Australia, signed the Clydebank Declaration, which aims to support the establishment of at least six green corridors by the middle of this decade, intending to scale up over the decade. In April 2022, the U.S. Department of State (DOS) announced its objective to help set up green shipping corridors and provided high-level guidance on the building blocks for green shipping corridors. Maritime decarbonization is a particularly complex challenge with multiple pathways that are at various levels of technological and operational readiness.

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Supply Chain Sustainability Policies: State of Play

whitePaper | May 10, 2022

Supply chain sustainability can mean different things to different people. In general, however, it implies the shaping of a company’s investment, operational and procurement decisions to achieve positive environmental, social and governance outcomes and the reduction of harm. That can cover many issues from climate action to labour standards. Corporate action on sustainable supply chains has accelerated in recent years, and policy-maker attention is also deepening. This white paper charts major policy developments and gathers business views on what is needed.

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THE ROADMAP to scalable last-mile drone delivery

whitePaper | July 23, 2022

UVL Robotics offers a revolutionary new approach to last-mile delivery, where the entire process will be fully automated, from loading the package to the drone to delivering the order to the customer. Important consequences of the introduction of an AI-driven autonomous solution will not only be the optimization of logistics

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Spotlight

Aeronet Worldwide

Aeronet Worldwide's vision is to be the most reliable and efficient provider of global integrated logistics solutions. We succeed by consistently exceeding client expectations in quality, cost and delivery. Stemming from our original focus on urgent shipping solutions, Aeronet now offers a broad range of personalized transportation services, including international, domestic, and integrated supply chain solutions.

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