Sageworks Inc. has released a Business Credit Report, to help companies assess the likelihood that a business partner will default on its financial obligations.
As Superstorm Sandy blew its devastating winds through much of the Eastern U.S. starting on Halloween, retailers had to deal with it just like everyone else. But few seemed to have anticipated the more than eight days - and more, in some cases - of outages, along with the gas shortages, closed roads, lack of food and water, plus the dead phone lines, lack of internet broadband access and dead cell towers.
Vendormate, creator of a vendor-information network that brings together healthcare providers and suppliers, has developed a new online resource called Medzo.
DeltaTRAK, a cold chain, environmental monitoring and food safety management solutions provider, has introduced the Cold Chain Vaccine Monitoring Card.
The economic effects of Hurricane Sandy are reverberating beyond areas hit by the storm as businesses warn customers of delays, try to get merchandise out of closed ports and face canceled orders.
The estimated loss of $140m per day that the trucking industry will sustain from down time associated with 'Superstorm' Sandy will ultimately be recouped because of resupply and rebuilding truck freight demands, according to Noel Perry, senior consultant with FTR Associates. The per-day estimate of loss revenue is based on 20 percent of the industry not moving freight because of the storm and its aftermath.
Now that corporations are "persons," I suppose it's no stretch to describe supply chains as "mature" or "immature." In fact, the words are especially useful when it comes to determining a company's level of supply-chain responsibility.
The topic of supply-chain risk management is fraught with agonizing questions. Should global businesses emphasize risk prevention, or steel themselves to respond to whatever disaster might occur? Should they seek to transfer risk, or concentrate on achieving better risk-management up front? Should they attempt to do all of the above? The wrong answer can mean the death of an organization.