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The integration of risk management into supply chain management has often been limited, especially for organizations that have focused on reducing costs and limiting working capital levels as a response to difficult market conditions.
FORBES: Supply Chain Risk a Hidden Liability for Many Companies
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Rather than undertaking a major push, firms seem content to re-use previous technology investments while trying to improve the timeliness and quality of the data and improving the integration with other risk management tools.
FORBES: Financial Risk Systems -- So Nineties. Why Are They Back?
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Cloud computing, adoption of mobile devices, leveraging social networking and big-data practices also pose challenges in terms of adoption, integration, supervision, security, litigation and other risk management.
WSJ: The Experts: What Is the No. 1 Technology Issue Facing Companies Today?
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The integration of in-depth global risk analysis, traveler tracking, and real time incident alerts can provide predictive intelligence to management and those responsible for the safety and security of employees.
FORBES: Names You Need To Know: NC4 Situational Readiness