Risk Management Archives - Page 7 of 7 - Supply Chain Game Changer™

Understanding the Role of Insurance in Risk Management for Startups!

What is Professional Indemnity Insurance and Why Do You Need It?

When it comes right down to it, insurance really is all about risk management. At any moment, some unexpected event can lead to loss of some kind and in varying degrees. Sometimes that loss is related to property and other times it relates to human life.

Other times it relates to intangible assets like intellectual property and those assets that fall in between that which is tangible and that which is not, such as in cryptocurrency. Crypto does exist in the blockchain, but only as ledger entries within a wide network of global computers, and if you are the cause of someone losing what amounts to a small fortune in crypto, you could be held liable.

Ways to Avoid International Supply Chain Disruptions!

Supply Chain Risk Management is a Cirque Du Soleil Calibre Act!

In today’s world, most commerce depends on an international supply chain one way or another. Whether it’s contracting the manufacture of goods or simply ordering parts from another country, few products are sold that are totally made in the USA, creating a vulnerability to international Supply Chain disruptions.

Unfortunately, even a slight disruption in the supply chain could put your company at a huge disadvantage which could, in turn, significantly impact your bottom line. If you work with suppliers in various foreign countries, you’ll want to avoid disruptions at all costs.

How Temporary Phone Numbers Can Protect Your Privacy!

What are the Advantages of Using Temporary Phone Numbers?

Innovation and online platforms have become part of our daily lives, making it more important than ever to protect our personal data. Information breaches and data fraud can have serious consequences. One area where security is especially helpless is our phone numbers.

5 Things Startups Must Know Before Launching a Minimum Viable Product (MVP)!

Supply Chain Investment Challenges – Real and Imagined!

Let’s be honest – the modern business climate could not be imagined without startups, but how many of them actually succeed? 11 out of 12 new businesses fail, and that is sad. The more important question is why some of them actually succeed and what is a minimum viable product?

Today we will try to answer these questions by going through the steps necessary for a startup in order to build a solid foundation for their product and avoid the game-ending errors.

Supply Chain Trends in Reshoring: Bringing Production Closer to Home!

The Single Point of Failure in Supply Chain – Semiconductor Fabrication!

In recent years, the global supply chain has been under a microscope, revealing vulnerabilities and inefficiencies that were previously overlooked. One prominent trend emerging from this scrutiny is reshoring – the process of bringing production and manufacturing back to a company’s home country.

This shift, along with its cousin trend, nearshoring – moving production to neighboring countries, is reshaping the global supply chain landscape.