If not now, then when? Making the business case for sustainable supply chains

Flooding in Germany and Belgium claims at least 70 lives and a ‘heat dome’ sitting over Northwest America proves even deadlier. These may be only some of the most recent headlines, but most would accept that the increased incidence of such extreme weather events reflects the impact of climate change. With an estimated 80 percent of global trade passing through …

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Making supply chains fit for the future

When we’re munching on asparagus in winter or sourcing hi-tech automotive components from the other side of the world, it’s easy to get the feeling that we’ve defeated distance and gained mastery of the globe. And then the pandemic hit. All of a sudden, the supermarket shelves we’ve long expected to be groaning with surplus were standing empty, and production …

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Businesses suffer major financial damage as a result of supply chain attacks

Security breaches caused by the compromise of a software provider or other partner are causing businesses significant headaches, a new report from email security company GreatHorn suggests. Also known as supply chain attacks, these incidents have affected three quarters of organizations, the majority (79%) of which suffered financial losses as a direct result, to the tune of $6.1 million on …

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Many security pros aren’t confident they could repel a major supply chain attack

While security and software development teams bicker over whose responsibility it is to improve security in the software build and distribution environments, a new major supply chain attack could well be brewing.  This is according to a new report from machine identity management firm Venafi. Polling more than 1,000 information security professionals, developers, and executives in the IT and software …

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Technology and the foundations for building supply chain resiliency

The past year has seen numerous disruptions to global supply chains, accelerated by the Covid-19 pandemic and trade discussions around Brexit. Congestion at ports and reduced shipping and air capacity has meant that even the most prepared businesses have faced issues throughout their supply chains.  The impact of Covid-19 was felt heavily on global supply chains across multiple industry sectors, …

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Majority of large businesses caught up in supply chain attacks last year

The majority of large enterprises (64 percent) suffered a software supply chain attack last year, according to a report from security company Anchore. Based on a poll of IT, security and DevOps leaders at 425 companies, the report states that the use of software containers is on the rise thanks to the widespread use of DevOps processes to speed up …

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Supply issues driving the price of business hardware through the roof

Margin mugging, a practice whereby businesses purchase products with heavily inflated margins, was rampant in the IT industry last year, a report from managed IT services firm Probrand suggests. As reported by The Register, the firm analyzed $6.6 million worth of hardware bought by businesses in the three months before the pandemic, as well as the rest of 2020. It …

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How to build strong vendor relationships without neglecting supply chain security

Supplier and vendor risk management has become a regular boardroom discussion point over the last 12 months following a string of high-profile supply chain attacks. An important element of the supply chain is software vendors, so IT teams have been looking to refine and improve their approach to mitigating risk in this area. We all want to have fruitful relationships …

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Improving supply chain performance | ITProPortal

The supply-chain for any business is not a simple, linear chain of activities; it is a dynamic network of integrated processes, technology, and people. With many CEOs not considering supply-chains until something monumental goes wrong, organizations need to develop coherent strategies and make data-driven decisions to improve supply-chain performance. Achieving excellence in supply chain management can deliver sustainable growth and …

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What’s next for supply chain processes?

Global supply chains have been under immense pressure over the past year. Unprecedented demand for online goods, critical medical supplies and more, coupled with worldwide stock shortages, has left supply chains struggling to keep up with ever-increasing customer needs and expectations. Indeed, recent research suggests that the pandemic disrupted more than three-quarters (78 percent) of supply chains.  The pandemic brought …

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