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The terrorist attacks of 9/11 were the defining event for modern supply chain security. Before 9/11 supply chain security was primarily the concern of the insurance and risk management industries; after the attacks more structured approaches were implemented. Early efforts were dominated by concerns over the use of maritime shipping to deliver ...
Drug Quality and Security Act; Long title: To amend the Federal Food, Drug, and Cosmetic Act with respect to human drug compounding and drug supply chain security, and for other purposes. Announced in: the 113th United States Congress: Sponsored by: Rep. Fred Upton (R, MI-6) Number of co-sponsors: 10: Citations; Public law: Pub. L. 113–54 ...
Supply chains are networks -- ways to source and supply various goods and services across the globe. Unfortunately, due to complications resulting from the pandemic, both businesses and consumers ...
The COSO "Enterprise Risk Management-Integrated Framework" published in 2004 (New edition COSO ERM 2017 is not Mentioned and the 2004 version is outdated) defines ERM as a "…process, effected by an entity's board of directors, management, and other personnel, applied in strategy setting and across the enterprise, designed to identify ...
Disruptions in the global supply chain are making a big impact on small businesses in the U.S. According to a survey of roughly 800 companies by business advisory firm Vistage Worldwide Inc ...
[14]: 2 Supply chain management was then further defined as the integration of supply chain activities through improved supply chain relationships to achieve a competitive advantage. [12] In the late 1990s, "supply chain management" (SCM) rose to prominence, and operations managers began to use it in their titles with increasing regularity.
Supply chain resilience is, according to supply chain risk management expert Donal Walters, "the ability of the supply chain to cope with unexpected disturbances" and one of its characteristics is a company-wide recognition of where the supply chain is most susceptible to infiltration. Supply chain management plays a crucial role in creating ...
A primary RFID security concern is the illicit tracking of RFID tags. Tags, which are world-readable, pose a risk to both personal location privacy and corporate/military security. Such concerns have been raised with respect to the United States Department of Defense's recent [when?] adoption of RFID tags for supply chain management. [127]