Why you need a risk management plan now more than ever. Although the practice of supply chain risk management has been around for many years, events and headlines of the past 18 months have moved discussion of supplier risk to the top of the agenda in many companies. So, what should companies with global supplier…
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Client Alert Due to impending Hurricane Sandy, there is a strong possibility that Port Newark terminal operations will be closed on Monday. The port has issued an advisory for the weekend. We will send another alert Monday morning to confirm whether or not the port is closed. PNCT Hurricane Contingency Plans in Effect
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In 2012, an explosion at a resin plant in Germany shut down production of nearly half the world’s supply of a critical polymer used in automotive fuel and brake lines, sending auto manufacturers scrambling to identify and qualify alternate sources (1). In 2011, a tsunami and nuclear disaster in Japan forced the shutdown of nearly…
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