Supply Chain Risk Management News by BCMexperts

Recent BCMexperts News Founded as BCMexperts in 2005, our company has a unique specialization in comprehensively reducing supply chain risks, a specialization that is evident in our new company name, as of January 2012, Supply Risk Solutions (www.supplyrisk.com). We would like to thank customers and partners for their ideas and encouragement in choosing a new company name. We are the same company, with a new company name. Supply Risk Solutions will present “Where Supply Chains Are at Risk” at the premier business continuity conference, DRJ Fall World 2012 in San Diego, California in September 2012. Join us there! Supply Risk Solutions will exhibit at DRJ Spring World 2012 in Orlando, Florida March 25-28. Hope to see you there. Supply Risk Solutions presented “Protecting Revenue from Supply Chain Risk” at the Association of Contingency Planners meeting in San Diego, California on January 17, 2012. Supply Risk Solutions adds live supply chain crisis impact analysis to its rapid-response supply chain crisis tools, enabling customers to analyze the supply vulnerability to a crisis in any location proactively or during a crisis. Lessons Learned from the Japan Earthquake. This article explains how global manufacturers responded to the Japan Earthquake and came away from their experience with a commitment and business case for being better prepared next time. It was written by the Supply Risk Solutions CEO and was published in the Disaster Recovery Journal. Supply Risk Solutions supply chain crisis alerts are now enhanced to cover disease outbreaks, cyber threats and a crisis news monitor in addition to natural disasters. Supply Risk Solutions offers the only crisis alerts to list the customer supply chain factories in the crisis area as well as emergency contacts. Recent Supply Chain Management News FM Global survey of large multinational manufacturers find supply chains even more reliant on China than on Japan. 86% of survey participants viewed China as a critical supplier versus 43% for Japan. January 2, 2012 PwC research paper highlights supply chain vulnerabiliity to specific transportation choke points including major canals, airports and ports. (Source: PwC, SCMI, EBS) October 17, 2011 Over 45% of manufacturing executives plan increased investment in supply chain visibility, supply chain risk assessment and in reducing supplier risks. (Source: KPMG) September 20, 2011 Identifying and preventing supply chain risk is a key to manufacturing excellence. Key steps for doing so are: identifying critical suppliers, realtime data & supplier financial risk assessment (Source: PwC). September 8, 2011 Supply chain regulatory compliance tops the list of business concerns cited by 73% of business and supply chain executives of 250 pharmaceutical, biotech and medical device manufacturers. (Source: UPS survey) September 8, 2011 Simulating supply chain crisis scenarios is critical for reducing the impact of potential supply chain disruptions. Testing includes realistic supply chain data, playbooks for higher probability scenarios and validation of crisis response data (Source: Deloitte). August 25, 2011 The emerging economies including China, India, Philippines and Indonesia pose the most risk to supply chains because these countries lack the resources needed to bounce back from a major disruptions. (Source: IndustryWeek, Maplecroft) August 21, 2011 Managing Subtier Risks -- Disaster events in supply chain subtiers can cripple manufacturing even if a manufacturer’s own factories are affected. This makes subtier risk management vital to protect manufacturing revenue from disaster events (Source: SupplyRisk.com) August 9, 2011 Identifying Critical Suppliers and Subtiers -- Many manufacturers’ supply chain risk programs are set up for failure from the get-go by how they identify “critical suppliers”. (Source: SupplyRisk.com) August 9, 2011 The revenue impact of material supply chain disruption is expected to increase in the aerospace industry with planned production ramp ups: "it only takes one supplier failure to bring the whole production line to a halt" (Source: MetalMiner) July 21, 2011 67% of executives at large companies rank risk in top 5 priorities. 98% prioritize risk higher now than in 2009. (Source: Accenture) July 6, 2011 66% of supply chain executives surveyed expect supply chain risk to increase. They are divided on their companies’ preparedness to meet that challenge. (Source: McKinsey) June 23, 2011 UN chief Ban Ki-moon says that most countries have prepared inadequately for major disaster events. Most governments omit the long term planning needed to reduce the impact of major disasters that happen every few decades. Developing countries are particularly ineffective in preventive steps like building codes safety. (Source: United Nations) May 11, 2011 Supply chain issues are among top risks cited by 86 percent of the 100 largest publicly traded technology companies (Sources: Aon, BDO) May 10, 2011

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