Analyst Insight: The growth of e-commerce, coupled with continuing evolution of the supply chain, has made moving dangerous goods in a safe and compliant manner more important than ever. Unfortunately, several key gaps exist within many organizations’ processes and infrastructure that make maintaining a reliable hazmat supply chain challenging, and put their operational efficiency, reputation and bottom line at risk.
Less than a month into the health crisis that began in China, supply chain disruptions are showing up around the world, from automakers to mobile-phone producers to energy companies.
Analyst Insight: The shipping and handling of lithium batteries has become a highly challenging and regulated endeavor. Given the fire risk associated with this hazardous material, heavy restrictions on transport and storage, from commercial aircraft bans to state-of-charge rules, have been imposed. As a result, organizations often struggle to cope with the impact of these requirements on the supply chain, and find a safe, compliant and cost-effective approach to packaging these materials.
Companies are finding it increasingly critical to model and manage financial impact of supply-chain operations — both within and beyond their direct control.
Analyst Insight: Construction projects are filled with certain risks, ranging from occupational risk to construction defects and property damage to general liability. Many firms have difficulty managing these risks on an ongoing basis, and others find measuring a project’s overall risk performance impossible. Using technology to manage risk is key to mitigating any issues that might arise.
The key to fighting the coronavirus outbreak lies in the application of supply-chain management principles, and the creation of a global, end-to-end network for partner collaboration in the healthcare industry.