SMITH BRAIN TRUST – The coronavirus pandemic is having an impact across industries, sectors and cultures, and prompting people around the world to pose questions and seek answers.
Dr. Sandor Boyson serves as Director, Supply Chain Management Center; and Research Professor at the Robert H. Smith School of Business, University of Maryland, College Park; and holds an affiliate faculty appointment at the Institute Of Systems Research, Clark School Of Engineering, College Park.
SMITH BRAIN TRUST – As the coronavirus outbreak has disrupted social life and the day-to-day economy for China’s 1.4 billion residents, many are wondering how can the country’s small-to-medium-size enterprises – including their global supply chain partners – will weather the storm?
A University of Maryland research team, including representatives of Maryland Smith’s Supply Chain Management Center, will present findings supporting their recently completed "Climate Change Variability/Vulnerability Index” in a free webinar, hosted by software firm and project partner Resilinc, at 2 p.m. Wednesday, May 8. Register via https://go.umd.edu/UFk.
COLLEGE PARK, Md. – Last year a series of severe weather events including the late-winter storm that hit the U.S. Northeast, followed by weather-related damage that closed the U.S.-Mexico Laredo border, and subsequent U.S. landfall hurricanes Harvey, Irma and Maria contributed to a doubling of global supply chain disruption and, for the first time, made the United States the region most-impacted by such disruption. These impacts, highlighted in a recent report, form part of the impetus for a new partnership between the University of Maryland and software firm Reslinc.
Researchers Produce First Statistical Evidence that Certain Cyber Practices Can Reduce Specific Breaches
With cyberattacks on U.S. companies and customers proliferating in 2017, Supply Chain Management Center researchers at the University of Maryland’s Robert H. Smith School of Business have developed and effectively tested a process for organizations across all industries — for the first time — to self-assess their cybersecurity needs and vulnerabilities.
A preeminent professional organization in technology has selected Smith School research professor Sandor Boyson and CIO Holly Mann for its inaugural Cybersecurity Award for Practice.
Among the lasting effects of a catastrophic natural disaster like Hurricane Harvey is one that is undeniably positive: Knowledge. It's an understanding of what is needed in the wake of a disaster, which efforts worked and which failed, and how to be better prepared. The Smith School's Sandor Boyson has long studied how Walmart, FedEx and other big companies have adapted their disaster planning. Each mega-disaster brings its own challenges, Boyson says, and with each one new lessons are learned. He discusses what lessons Harvey might bring. Read more...
Setting aside NAFTA reform, a border adjustment tax and U.S.-China trade war as potential disruptors, "conditions especially favor the United States to remain a key hub in the global supply chain and to expand its competitive leadership in the future," says the Smith School's Sandor Boyson He sized up the U.S. supply chain base for a recent Washington, D.C., gathering of industry leaders hosted by SelectUSA, a program housed in the International Trade Administration at the U.S. Department of Commerce. "The U.S. increasingly attracts substantial supply chain investments," he says. It's a trend that's driven by demand from reshoring U.S. companies and from companies in emerging markets. And it's growing. Read more...
The WannaCry ransomware that has affected more than 230,000 computers in 150 countries now has largely halted its crawl across the globe, but experts say the attack's real impact might be yet to come. The assault could herald a turning point in cyber intrusions and in the way institutions handle cybersecurity, says the Smith School's Martin Loeb, and co-author, with with Smith School colleague Lawrence A. Gordon, of the Gordon-Loeb Model for Cybersecurity Investments. The widespread attack is exposing "the underinvestment in cybersecurity by many organizations," Loeb says. And the change it sparks could be one of the lasting legacies of the WannaCry attack. Read more...