Target Closes Nine Stores in Multiple States Due to Rising Theft and Organized Retail Crime, Citing Safety Concerns
Target is closing nine stores in California, Oregon, New York, and Washington due to increasing thefts and organized retail crime that have put the safety of employees and customers at risk.
Climate Change Renders Parts of America Uninsurable as Risk Increases
Insurance companies are facing increasing difficulties in providing coverage for damages caused by rising average temperatures, leading them to withdraw from certain markets.
Moody's Warns of Increased Supply Chain Risk Due to New EU Deforestation Legislation
Moody's has highlighted that the new Deforestation Regulation introduced by the European Union poses a significant risk to European supply chains.
Third-Party Suppliers Undergo Security Checks
A recent study has revealed that over a fifth of companies fail to conduct security checks before entering into a contract with a third-party supplier.
Supply Risk Detection Draws Investment from 70% of Companies
A new study by Moody's Analytics has revealed that more than half of businesses are making significant investments in third-party risk management in response to increasing threats to the supply chain and the economy.
Supply Chain Delays Affect 60% of Small Businesses
A new survey conducted by Anvyl has revealed that out of the 400 small businesses (SMBs) surveyed, 25% of them expressed concern about their supply chain strategies for the upcoming year.
Russia’s Kremlin orders government ban on the iPhone
The Kremlin of Russia has ordered all government officials to immediately cease use of Apple iPhones due to the phone’s perceived vulnerability to western intelligence breaches.
Supply chain risk is out there, but Microsoft’s latest software Dynamics 365 Copilot can help
Microsoft’s Dynamics 365 Copilot software unveiled new artificial intelligence capabilities last week that is meant to assist shippers in flagging potential disruptions before they occur.
CEOs need to step up to protect global supply chains from growing risks
By moving out of a reactive mode and proactively addressing supply chain resilience, CEOs can identify and mitigate risks before they become major disruptions.