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Business, Interrupted: Peeling Back the Layers of Supply Chain Resilience

Castellan

While the pandemic certainly has shone a light on supply chain resilience issues, it’s not a new problem for the industry. That was a similar experience for others during the height of the pandemic in 2020 and into 2021 where container shipping was significantly impacted. The More Supply Chains Change, the Same Issues Pop Up.

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Economic Impact of Russia Sanctions

Fusion Risk Management

The impact of this will be directly felt on consumers in the form of higher gas prices, larger costs to heat their homes, and greater costs for other types of transportation. For example, aircrafts that would normally transport goods by flying over Russian airspace will have to re-route and fly longer distances.

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The Risks that Manufacturing Firms are Facing and the Impact that Follows

Fusion Risk Management

They produce electronics and transportation that keep us connected and engaged. We’ve been living in a compound crisis since the start of the pandemic – we have been experiencing global political instability, war, an increase in cyber and ransomware attacks, labor shortages, shortages of critical commodities, etc. Product Recall.

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Your North Star in a Compound Crisis

Fusion Risk Management

Since the start of the global pandemic, we’ve seen global political instability, war, an increase in cyber and ransomware attacks, supply chain disruptions – including shortages of critical commodities like food and baby formula, increasingly frequent and severe climate incidents, inflation, recession and on and on. Assess your risk.

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Identifying and Preventing Provider Fraud in Workers Comp Cases

Risk Management Monitor

These factors have been exacerbated in recent years, due in large part to the pressures presented by the global pandemic and the growing reliance upon remote services. A chiropractor, for example, conducted illegal medical evaluations and billed these evaluations, claiming that he was approved as a medical legal evaluator.

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7 Best Practices for Emergency Managers

everbridge

To have access and functional needs does not require that the individual have any kind of diagnosis or specific evaluation” ( FEMA, 2021 ). For example, this may include individuals who are seniors, have disabilities, have limited English proficiency, lack access to transportation, or lack financial resources.

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How to Manage Supplier Risk and Performance in an Uncertain Global Economy

Risk Management Monitor

Well before the pandemic, leading organizations in every industry have that strong supplier relationships and a reliable supply chain are paramount. As we have seen during the pandemic, the transportation of supplies from a vendor’s overseas site to your own facility is also fraught with risks.