chain (28)

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So begins Alfred Lord Tennyson's famous poem, The Charge of the Light Brigade.  The poem bespeaks the glory and folly of Pax Britannica's imperial apex; yet still offers dear lessons for those dispassionate enough to listen.
 
Tennyson recounts the doomed charge of a British cavalry unit at the Battle of Balaclava during the Crimean War.  British Intelligence provided the Light Brigade Command incorrect information, under estimating the strength of the defending Cossacks.  As the assault commenced
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ECB Preparing Deflation Measures

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Dow Jones Market Wrap Reports:

The European Central Bank is preparing additional measures should the euro zone slide into deflation, its president said Thursday, making clear that the central bank is concerned that muted price pressures could undermine the currency bloc's fragile recovery.

Mario Draghi also added a powerful voice to increasing concerns among policy makers that the strength of the euro is affecting inflation. That could prompt the ECB to potentially implement measures designed t
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China Shows Signs of Economic Weakness

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Dow Jones Market Wrap reports: 
 
...China's economy weakened sharply during the first two months of the year, deepening concerns that growth in the world's second-largest economy would decelerate further.
The country's top leaders now have tough decisions about whether to set aside economic overhaul measures that could pinch growth in the short-term.
The slowdown was across the board, including retail, manufacturing, housing and investment, as the National Bureau of Statistics released a raft of da
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Supply Chain Risk Management

A survey conducted by APQC found that in the past two years, 75% of companies were hit by at least one major unexpected disruption to their supply chain, defined as an incident with the capability of preventing a business from fulfilling promises to its customers. And what's more worrisome? Many of the organizations surveyed are proposed advocates of Supply Chain Risk Management and Enterprise Risk Management (ERM).supply_chain_disruption_chart.gif
How are organization with structured ERM programs falling victim to such widespre
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An interesting question was sent to me only the other day on Supply Chain Risk Management.

"Martin, do you have any specific risk frameworks or do you know of any good case studies that have been published on Supply Chain Risk Management (SCRM)?".

Supply Chain Risk Management is a complex and intertwined risk initiative to kick off and we have included a schematic which outlines some of the requirements that may need to be covered. We have also linked to an absolutely fantastic white paper that is

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As domestic and international trade continue to grow, companies are starting to consider the benefits of alternative sources of trade financing, according to David Hu, Managing Partner, IIG Trade Finance LLC.

 

“The cost of capital for banks, the traditional providers of trade finance, has increased tremendously. They also have other issues, such as the setting of LIBOR, which is being questioned right now. With the increasingly tighter capital requirements of Basel III, banks will have to tighten

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The GFMI Trade, Commodity and Supply Chain Finance: Liquidity, Funding and Risk Conference, June 10-12, 2013 in New York, NY will help banks and trade finance firms gain a profitable funding structure under Basel III.

Join speakers from Citi, IFC, HSBC, Deutsche Bank, BAFT IFSA, Bank of America Merrill Lynch, Santander, Wells Fargo, Standard Chartered Bank and many more.

This high-level, intimate event will allow attendees to understand the impact of Basel III across all financing business lines,

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With another calendar year coming to a close, some supply chain professionals get a chance to take stock, while many others brace themselves for a sudden crescendo of activity that will mercifully relent once January rolls around.  That’s a reality of the supply chain management community: It’s broad and deep and diverse.

 

There are many job titles that handle many responsibilities in the complex business of moving things on time and on budget in the quantity and of the quality expected; for all

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