Tag Archives: resilient supply chains

Risk management practices must evolve to meet a new set of serious risks, as the rise of the digital supply chain has brought countless new opportunities but also dangerous security risks for companies to monitor and manage.

Although most often associated with financial transactions, blockchain and other distributed ledger technologies also offer capabilities to support business operations—including the complex data sharing requirements of the supply chain.

Cybercrime is on the rise, but by how much? Here are some numbers that detail the specifics and put the risks into perspective.

Determining if your suppliers are helping or hurting your drive to net-zero and other business sustainability goals is easier said than done. New supply chain mapping and monitoring tools are helping crack the code.

To view the Q1 2022 issue of MHI Solutions, click here. CEO Update by John Paxton The pandemic significantly accelerated many supply chain trends and technology adoptions. Sustainability is no different as the drivers shifted from risk management and compliance to the opportunity for new supply chain efficiencies and market differentiation. As manufacturing and supply chain professionals face demand from ...

Feature Realizing ESG goals and science-based emission reduction targets takes commitment and cooperation along the full length of the supply chain. BY MARY LOU JAY DOME LIFETHIBAAN/SHUTTERSTOCK.COM Moving toward more sustainable operations is no longer an option for corporate supply chains—it’s a necessity. Although restructuring supply chains to make them more sustainable can cause some short-term pain points for businesses, ...

WERC Matters BY MICHAEL MIKITKA, EXECUTIVE VICE PRESIDENT OF MHI’S KNOWLEDGE VALUE CENTER AND WERC As global warming continues and world leaders negotiate regulations to minimize the damage humans have inflicted on Earth, multiple global corporations have already established sustainability initiatives that support internal goals, as well as those of their customers. Three such companies include third-party logistics (3PL) services ...

Higher Education BY DR. MALINI NATARAJARATHINAM, ASSOCIATE PROFESSOR, ENGINEERING TECHNOLOGY & INDUSTRIAL DISTRIBUTION, TEXAS A&M UNIVERSITY IURII MOTOV/SHUTTERSTOCK.COM The future of our work environment is going to be highly influenced by several technological advancements such as automation, artificial intelligence (AI), robots, big data and data analysis. These significant technological changes are referred to as “Industry 4.0” or the Fourth Industrial ...

Education BY MARIA LEGGETT, MHI DIRECTOR OF EDUCATION Recently, an executive for a global material handling company shared a story with me about his daughter. She had attended a week-long camp that culminated with an awards ceremony. Her prize for the week was the award of being the most resilient. Thrilled with the prize, she excitedly displayed it to her ...

BY CHRISTIAN DOW, MHI EXECUTIVE VICE PRESIDENT OF MEMBERSHIP AND INDUSTRY LEADERSHIP Organizational culture is increasingly recognized as a strategic and competitive advantage, both for operational performance and to attract the best talent. According to McKinsey & Company, culture “is the common set of behaviors and underlying mindsets and beliefs that shape how people work and interact.” It matters, note ...