Extreme weather that has increasingly hammered factories, rail lines, ports and highways is expected to intensify as the globe continues to warm. Across industries, leadership teams have awakened to the high degree of financial risk posed by this climate change. Executives are asking: How exposed is our global supply chain network? Which critical sites have the highest exposure in terms of revenue impact? Which types of events could potentially affect each site? Are appropriate business continuity plans in place to protect our operations?
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.
Maryland Smith’s Supply Chain Management Center is Helping Drive an Initiative for Businesses to Better Measure and Mitigate Risk 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.
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.
Preparedness Lessons from Walmart, FedEx and Procter & Gamble SMITH BRAIN TRUST – 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.
SMITH BRAIN TRUST — 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 Sandor Boyson, research professor and co-director of the Supply Chain Management Center
SMITH BRAIN TRUST – 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. They predict the assault could herald a turning point in cyber intrusions and in the way institutions handle cybersecurity.
Globalization: It's a topic that increasingly dominates headlines and political discourse around the world, with Donald Trump in the White House, the United Kingdom leaving the European Union, and protectionist sentiment gaining political favor in other parts of the developed world. It was also the topic that dominated the seventh annual Emerging Markets Forum, hosted by the Center for International Business Education and Research (CIBER) at the University of Maryland's Robert H.