More lessons from that volcano!
"Traditionally, insurance coverage for supply chain disruption has required physical damage to the insured's assets to trigger a claim," Marsh points out. However, recent events have increased interest from a number of organizations in protecting themselves from "non-physical damages."
In other words, go insure yourselves against supply chain risk. Now. Go.
Further hashing out the ash
Paul A. Laudicina, chairman of management consulting firm A.T. Kearney lets us know how to protect your supply chain from the gray stuff.
Break me off a piece of that Kit Kat CSR...
Nestlé uses NGO to clean up palm oil supply chain-- Nestlé is to work with The Forest Trust to ensure its sourcing of palm oil is not contributing to illegal rainforest and peatland clearance.
Let's just hope this NGO doesn't take its procurement lessons from the UN...
Give us an example, SAP.
Newell Rubbermaid Relies on SAP for Global Insight into Business Data Across the Company -- SAP finally puts spend visibility on the center corporate stage, showcasing a customer example. When will the references (who will talk to real analysts and journalists) follow?