Nearly a quarter of respondents to a survey claimed their organisation had suffered losses of at least €1m ($1.25m) during the previous 12 months (up from 15 percent last year) as a result of supply chain disruptions, according to a report from the Business Continuity Institute. Slightly more than 13 percent suffered a one-time disruption that cost in excess of €1m (up from 9 percent last year). The study also showed that 40 percent of respondents claimed their organisation was not insured against any of these losses while 20 percent were only insured against half of these losses.
Research reveals vast age differences in U.S. consumers' attitudes toward mobile payments, with Generations Y and Z - often referred to as Millennials - twice as likely to view them as faster, easier or more efficient than other types of transactions. These younger consumers also show more confidence in the security of mobile payments - although Generations Y and X are actually more concerned than Baby Boomers about the possibility of a personal information breach via mobile payments.
A key component of supplier risk management for many companies is monitoring the supplier's financial health and viability to try and obtain early warning of potential supplier issues that could impact the continuity of supply. However, by itself, supplier monitoring misses opportunities to actually bolster and improve the supplier's financial health, which is particularly important for those suppliers that are highly leveraged and/or have cash flow challenges.
Faced with new challenges in serving global markets, Amgen set out to improve its supply-chain resiliency with the help of a system from Resilinc. Patricia Turney, executive director of supply chain, tells the story.
Manufacturing and distribution executives love the idea of slashing inventories. But it's distribution-center managers who must deal with the consequences.
What is distributed order management? What has changed in global markets that makes it a desirable capability? Satish Kumar, vice president of client services and technology with Softeon, has the answers.
A shortage of transportation equipment and possible labor disruptions at the Los Angeles/Long Beach port complex, the nation's busiest, is delaying shipping containers for up to three weeks, threatening timely delivery to retailers for the holiday season.
APEX Analytix, a provider of software and services to safeguard disbursements and protect against identity fraud, has released a new version of its FirstStrike Supplier Portal.