A group of ocean carriers has founded the Container Ship Safety Forum (CSSF), a global business-to-business network that will address safety and management practices in the container-shipping industry.
Companies are looking more towards chief purchasing officers to help them understand supply chain risks, while firms which are collaborating and sharing information about their suppliers are reducing the cost of due diligence for themselves and making their business more competitive.
Shopper distrust following a series of retail data breaches is high - three in 10 shoppers say they don't trust retailers to protect personal and financial data against cyber criminals.
Healthcare providers are adopting a networked approach, both for procurement and distribution of supplies. Robert Colosino, vice president of business development with Tecsys, outlines the advantages and implications of that strategy.
The focus of c-suite and senior executive attention has shifted from economic uncertainty to data, technology and the supply chain, according to the Global Top of Mind Survey from KPMG International and the Consumer Goods Forum. More than half (54 percent) of respondents cited digital strategy for mobile/digital platforms as top of mind for their business during the next 12 months.
Outside risks can stretch supply chains' capabilities to the breaking point, but executives who run them often fail to develop risk contingency plans, according to a new study from the Global Supply Chain Institute at the University of Tennessee, Knoxville.