IBM's study, "The Smarter Supply Chain of the Future," surveyed around 400 supply chain executives in 25 countries. It found that 38% of the respondents manage risk and supply chain performance to some degree. The executives cited the lack of standardized processes, insufficient data and inadequate technologies as stumbling blocks preventing effective supply chain risk management. "As important as cheaper, faster, better is, this year, we are beginning to hear a new verse—a clear message about the overwhelming need for greater visibility and flexibility to manage risk," said Sanjeev Nagrath, global leader, supply chain risk management for Armonk, New York-based IBM's global business services unit, in a statement. Sixty percent of the respondents said supply chain risk is an escalating concern. The study is available at
Showing posts with label Insurance Risk. Show all posts
Showing posts with label Insurance Risk. Show all posts
Saturday
Study Supply Chain Risk
Managing supply chain risk is an escalating concern among executives who say they do not have the proper tools for the job, a study by IBM Corp. reveals.
IBM's study, "The Smarter Supply Chain of the Future," surveyed around 400 supply chain executives in 25 countries. It found that 38% of the respondents manage risk and supply chain performance to some degree. The executives cited the lack of standardized processes, insufficient data and inadequate technologies as stumbling blocks preventing effective supply chain risk management. "As important as cheaper, faster, better is, this year, we are beginning to hear a new verse—a clear message about the overwhelming need for greater visibility and flexibility to manage risk," said Sanjeev Nagrath, global leader, supply chain risk management for Armonk, New York-based IBM's global business services unit, in a statement. Sixty percent of the respondents said supply chain risk is an escalating concern. The study is available at.
IBM's study, "The Smarter Supply Chain of the Future," surveyed around 400 supply chain executives in 25 countries. It found that 38% of the respondents manage risk and supply chain performance to some degree. The executives cited the lack of standardized processes, insufficient data and inadequate technologies as stumbling blocks preventing effective supply chain risk management. "As important as cheaper, faster, better is, this year, we are beginning to hear a new verse—a clear message about the overwhelming need for greater visibility and flexibility to manage risk," said Sanjeev Nagrath, global leader, supply chain risk management for Armonk, New York-based IBM's global business services unit, in a statement. Sixty percent of the respondents said supply chain risk is an escalating concern. The study is available at
Friday
Insurance Reform Bill Tackles Systemic Risk
MOMENTUM CONTINUES TO BUILD for some anatomy of federal allowance regulation, and that absolutely is a acceptable thing.
As we address on folio 1, Reps. Melissa Bean, D-Ill., and Ed Royce, R-Calif., accept alien a new—and, we believe, improved—version of the allowance authoritative ameliorate bill they alien in the aftermost Congress. That bill would accept accustomed insurers and producers to accept whether they would be adapted by accompaniment or federal authorities.
We say the National Allowance Consumer Protection Act is an advance because it takes into annual allotment of the acumen for the bread-and-butter agitation of the accomplished few months by removing the aspect of best for insurers accounted to be systemically important. Those insurers would be federally regulated, period.
And that's the way it should be. Anybody knows what happened to American International Group Inc. back authoritative blank bootless and, what Federal Chairman Ben Bernanke so memorably declared as a barrier armamentarium aloft of an insurer, about destroyed the basal allowance company. Such a bearings can never be accustomed to appear again.
By agreement some—and allowance are not actual many—insurance companies beneath a federal regulator who would alike with a abstracted systemic accident regulator, the affairs of addition AIG-type near-collapse should be abundantly diminished. That's a ambition anybody should support, and we accept a well-crafted federal authoritative anatomy is the best way to accomplish that.
As we address on folio 1, Reps. Melissa Bean, D-Ill., and Ed Royce, R-Calif., accept alien a new—and, we believe, improved—version of the allowance authoritative ameliorate bill they alien in the aftermost Congress. That bill would accept accustomed insurers and producers to accept whether they would be adapted by accompaniment or federal authorities.
We say the National Allowance Consumer Protection Act is an advance because it takes into annual allotment of the acumen for the bread-and-butter agitation of the accomplished few months by removing the aspect of best for insurers accounted to be systemically important. Those insurers would be federally regulated, period.
And that's the way it should be. Anybody knows what happened to American International Group Inc. back authoritative blank bootless and, what Federal Chairman Ben Bernanke so memorably declared as a barrier armamentarium aloft of an insurer, about destroyed the basal allowance company. Such a bearings can never be accustomed to appear again.
By agreement some—and allowance are not actual many—insurance companies beneath a federal regulator who would alike with a abstracted systemic accident regulator, the affairs of addition AIG-type near-collapse should be abundantly diminished. That's a ambition anybody should support, and we accept a well-crafted federal authoritative anatomy is the best way to accomplish that.
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