On the First Day of Christmas, my supply chain gave to me…

…a port closure by air, land, and sea

As the speed of business continues to increase, strategic risk management is more critical than ever.

When it comes to ports, your risk management must include the ability to enable visibility during transport, including:

  1. on the sea, so you have an early warning signal if your containers will be late to port which allows you to adjust accordingly. While the U.S. Maritime Transportation Data System recommendations include ship to port communication of expected time to port, if you don’t have sensors on your containers, you’ll be left waiting on…
  2. the port to communicate any delays to you. That is unless your company name is not on the Bill of Lading as a contact. The practice of perfect document creation, as measured in SCOR (the Supply Chain Operations Reference model), specifically targets critical documentation to eliminate errors that if left in place will lead to…
  3. upset customers because you had to contact them late in the order cycle about delays. Delayed communication like this may lead to loss of a customer and/or SM publications that you’d rather not see – or have potential customers see.

By using early warning signals, the ones made possible with container sensors in place to communicate to you from anywhere, you’ll be able to create timely, customer friendly options to manage and maintain the reliable supply chain performance you work so hard to provide to your customers.

And while that 1st Day of Christmas may have a little extra work, you end up being the star that customers rely on because you gave your company the gift of embedded risk management.

#reliability #SCOR #SupplyChainOperationsReferencemodel #ProcessandStrategySolutions #ProcessStrategySolutions #EarlyWarning #riskmanagement

Dr. Cynthia Kalina-Kaminsky helps companies of all sizes and provides public training on successfully innovating and transforming supply chains, integrating digital technology solutions, enabling sustainability and resilience, and avoiding risks that jeopardize your strategic goals, regulatory requirements, and customer supply chain performance. She uses SCOR as a foundation and works with you to build your strategically differentiated supply chain performance.