Abstract:
We operate in a world of increasing, dynamic complexity and almost overwhelming sources of supply chain risk. Risk Management strategies and increasing "agility" are at the top of the supply chain priority list for almost every company.
Yet to compete, companies must also embrace Lean strategies that increase supply chain velocity and reduce costs - strategies that often conflict with the goals of supply chain risk reduction. Trying to be fast, low cost and agile in complex and volatile environments is a dangerous mix of conditions with great downside.
To address these challenges, it is critical that companies not only be able to access and react rapidly to new information impacting their supply chains, but also be able to filter out the "noise" in that information to focus on the "true indicators."
That takes a combination of supply chain design, visibility and analytics, which together can give smart companies true competitive advantage.
We'll explore all these issues and more in this outstanding Videocast, including how environmental services giant Safety-Kleen is using a new information tool from Dow Jones to increase its visibility to sources of supply chain and supplier risk.
Join us for this excellent discussion.
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