Category Archives: Resilience

Second Thoughts on Second Sourcing

Second Thoughts on Second Sourcing

Not keeping all of your eggs in one supply basket is an appealing strategy to increase supply chain resilience. But it’s not always effective. Aero engine maker Pratt & Whitney has doubled up suppliers in an effort to avoid interruptions to the production of its new turbofan engine. But according to a recent Wall StreetRead More

How IoT Data Can Cut Machine Part Safety Stock

How IoT Data Can Cut Machine Part Safety Stock

A Supply Chain Management (SCM) master’s program thesis research project carried out in collaboration with managed services provider OnProcess Technology, headquartered in Ashland, MA, found that by using Internet of Things (IoT) data to predict machine failures, companies can reduce spare part inventory volumes and improve their ability to meet service quality levels. The thesisRead More

Progress on the Road to Disaster Recovery

Progress on the Road to Disaster Recovery

On April 14 2016 a 6.5 magnitude earthquake struck the island of Kyushu in southern Japan. Two days later the island was hit by a second, even more powerful, quake. The widespread damage caused by these natural disasters fractured supply chains, causing a number of companies to halt production lines in various locations. The quakesRead More

Chinese Puzzle: Reducing the Risk of Food Contamination

Chinese Puzzle: Reducing the Risk of Food Contamination

China is the third-largest source of food imported into the U.S., but is responsible for the highest number of imported food safety alerts received by the U.S. Federal Drug Administration (FDA). Only a tiny fraction of the shipments moving through these highly fragmented supply chains are inspected, so what risk management methods can be developedRead More

A Case Study of Risk Management in Colombia

A Case Study of Risk Management in Colombia

The Center for Latin-American Logistics Innovation (CLI), based in Bogotá, Colombia, is developing a quantitative risk assessment methodology for deciding which risks represent the most serious threat to a company’s operations. The methodology is based on the use of discrete event simulations as a tool to represent both the logistic processes of a supply chainRead More