Risk Management

4 Ways Brexit Will Impact Your Procurement and Sourcing Practices

Posted: 04/03/2019 - 04:59
Brexit. That’s a fun topic, isn’t it?! Regardless of what you may think about it, you cannot but notice the impacts it is already having on businesses across Europe. The indecision of the United Kingdom (UK) to approve a plan is holding back investment and decision making. The markets and currencies are fluctuating and will continue to do so until a decision is finally made.  
 

Why Going Alone in Cybersecurity is a Non-Starter

Posted: 02/07/2019 - 01:47
Are cybersecurity threats overblown or hyped up? It would be nice if that were the case. Then we’d have one less bucket of things to worry about. 
 
Unfortunately, the headlines are not fiction. Bad actors are stealing data, inflicting pain, and damaging corporate finances and brand reputations every single day. And it appears that they will continue doing so. 
 

Women in Global Sourcing: Linda Tuck Chapman

Posted: 01/10/2019 - 06:32
Tell us about your career path. How did you get into this field? Was it purposeful or by accident? 
 
I’ve been very fortunate to have a truly satisfying and rewarding career. My work is intellectually stimulating, relies on a broad range of expertise, experience, and skills, and signed me up for lifelong learning. When I found this profession, I found my passion …. and never looked back.  
 

Hiring in a new state? Here’s what you need to know.

Posted: 12/21/2018 - 03:07
It’s an exciting time for your business – you’re looking to expand and hire workers in a new state. This might be your first time and you’re beginning to realize that it comes with heaps of administrative items, set-up and legal considerations. There are some important processes to establish to ensure that you can support your workers while also staying compliant with each state’s employment laws.  
 

Addressing Ethical Supply Chains One Step at a Time – From Intent to Action

Posted: 12/12/2018 - 01:18
This month, the U.K. government alongside the U.S., Canada, Australia and New Zealand, raised the bar for companies “to conduct appropriate due diligence in their supply chains to identify, prevent and mitigate human trafficking” to remediate modern slavery. It is no longer enough to just be aware and acknowledge that companies expect every supplier to sign a code of conduct – companies also need to demonstrate the action and the impact. 
 
This is where the rubber meets the road. 
 

How to Keep Bad Weather from Killing Your Logistics

Posted: 12/11/2018 - 04:15
Supply lines never look as vulnerable as they do when inclement weather strikes. At best, trucks face major delays as accidents and poor conditions make roads treacherous and, at worst, they suffer accidents of their own. Routinely, air carriers remain grounded while affected areas hunker down and airports close. Don’t think you’re safe even if you fall outside a storm’s high-impact area.

The Future of Plain Old Telephone Service: Hang Up or Pay Up

Posted: 11/30/2018 - 04:02
Plain old telephone service, also known as POTS, is old-fashioned copper wires connected to a standard telephone that provides the power and connectivity to the telephone service provider’s central switching system. Replacing POTS with new technology has become equivalent to replacing a typewriter with a laptop. New technologies in the market like VoIP and wireless can now offer telephone services at a much lower cost than POTS.  
 

Time to Worry about your Software Supply Chain?

Posted: 10/09/2018 - 00:07
Software has become crucial to every industry. Yet ensuring the software system you are buying or licensing is authentic and free from defect or malware is a challenge. The QA procedure in old-school manufacturing is to test a random set of newly delivered widgets for their compliance with approved specifications. But you can’t really take the same simple approach with software. 
 

Quinn and Hilmer: The Approach to Strategic Outsourcing

Posted: 08/03/2018 - 04:25
There’s outsourcing and then there’s strategic outsourcing. The distinction between the two seems obvious today but professors James Brian Quinn and Frederick G. Hilmer did groundbreaking work that identified and evaluated the core competencies that go into strategic outsourcing decisions in the early 1990s. Their findings are still practical today almost 20 years later. 
 

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