Averitt’s Post

It was my pleasure to join CILT (UK) - the Chartered Institute for Logistics and Transport at their annual conference last week. As you can imagine there was lots of rich content on sustainability, and building efficiencies across the supply chain. I discussed the key trends when it comes to security with a focus on: ▶️ Cybercrime ▶️ Nation state actors ▶️ Attacks on critical infrastructure ▶️ Amplification of AI ▶️ Insider threat I took a poll ahead of the presentation on what is top of mind today, which was attacks on critical infrastructure, including targeted DDOS attacks I ran the same poll again at the end, and the emphasis had changed slightly to insider threat. Especially when considered against advanced social engineering, sabotage and fraud. The good news is the level of sharing and collaboration happening across the industry, to address some of these issues.

KMPG says 6 in 10 plan to invest in digital technology to strengthen their supply chain processes, data synthesis and analysis. What's in store for supply chains? Check out the report from KPMG to learn about the trends impacting the movement of goods, including cybercrime, and how to react to them.

KMPG says 6 in 10 plan to invest in digital technology to strengthen their supply chain processes, data synthesis and analysis. What's in store for supply chains? Check out the report from KPMG to learn about the trends impacting the movement of goods, including cybercrime, and how to react to them.

Navigating the supply chain & logistics in 2024 hasn’t been easy, considering some key challenges we're facing on a global scale, like geopolitical conflicts, economic uncertainties, climate change impacts and cybersecurity threats. However, there is a silver lining, as 56% of organisations are boosting their tech budgets this year and focusing on building resilient businesses. 🚀 In our latest article, we discuss key topics and trends to watch, like AI and sustainability initiatives. We also share how our cutting-edge asset-tracking solutions are helping organisations build resilient supply chains. Find out more at 👉🏼 https://lnkd.in/eAjXFDNc and be prepared to future-proof your operations! #SupplyChain2024 #LogisticsTrends #AssetTracking #AlpsAlpine #SupplyChain #Resilience

Building Resilient IT Systems: A Top Priority for 2024 Business Leaders In today’s fast-paced market, IT resilience isn’t just an operational necessity—it’s a strategic priority for long-term success. At CYAN360, we recently engaged in deep conversations with Chief Supply Chain Officers from our client network. The focus? The crucial role of digital transformation, particularly Cloud Migration, in closing the gap between the digital and physical worlds. Key Challenges Faced by Retail Leaders: ✅Supply Chain Disruptions: Managing these disruptions with scalable, adaptable IT solutions has become a must. ✅Shifting Consumer Behaviors: Understanding and anticipating these shifts requires powerful, real-time data analytics. Our Approach to Building Resilience: To thrive in today’s environment, retailers need: ✅Real-time Analytics: To quickly adjust to evolving market conditions. ✅Scalable Cloud Solutions: To foster flexibility and enable growth. ✅Proactive Cybersecurity: To safeguard against the rising tide of cyber threats. As an IT services provider, CYAN360 is dedicated to transforming these challenges into opportunities through tailored IT solutions. Our goal isn’t just to solve immediate issues, but to future-proof your business for the uncertainties ahead. Let’s Innovate Together! Discover how we can help you build a resilient IT infrastructure. Visit www.CYAN360.com for more insights.

One of the key topics defining the COO Agenda for 2024 is the imperative to "Build trust in technology." With 79% of companies globally ramping up their cyber budgets this year, ensuring trust in data from technology solutions is paramount. Strengthening trust commences with reliable vendor partnerships that enhance procurement, supply chain risk management, and cost control. Upholding data governance is crucial for operational resilience and compliance amid the surge in US and global regulations. Moreover, prioritizing the mitigation of risks from third-party entities in the supply chain is essential. Shockingly, only a third of executives view enhancing resilience as a primary goal when investing in supply chain technology. Discover more insights in the full report here: #COOAgenda #TechnologyTrust #DigitalTranformatio #CIOAgenda #SupplyChainManagement #DataGovernance Thierry Kremser Frederic Chapelle Patrice Witz Adam Tymofiejewicz Simon Petitjean Maxime Pallez

❗ What are you doing to identify, assess, and mitigate risk within your supply chain? ❗ It wasn’t that long ago that the global economy was practically shut down. And it's highly likely that supply chain disruptions will continue to surprise us. 🌟Let VMEC help you proactively manage change by identifying issues, gaps and risks in your current supply chain – and then guide you to proven resources and solutions. We can offer our Supply Chain Assessment at no cost to you. Following the assessment, we will provide a “Supply Chain Health Report” identifying gaps. ⏰Got 60 seconds? We invite you to visit either our Cybersecurity and Supply Chain page or our Connex VT page to fill out the quick and easy assessment. VMEC’s Business Growth Advisor – Supply Chain, Mark O’Hearn, works with Vermont manufacturers to assess areas critical to building and maintaining a strong supply chain. Let us help you with your SC health!! ✅We are here to help you! 🔗Information and free Supply Chain Assessment: https://lnkd.in/g9iE6zYj 🔗Connex VT Supply Chain Solution: https://vmec.org/connex/ 🔗Contact Mark O’Hearn: https://lnkd.in/g7kTJgwc 

Matheen Sait says it best right at the start: #supplychain #disruptions have become the rule, not the exception. Boards know it, and they are willing to pay big for disruption #mitigation. But what if supply chain resilience wasn’t the goal? What if it was just a step towards something even better? In my view, companies need to go beyond resilience to remain competitive. It’s not just about weathering disruptions. It’s about capitalizing on them. Turning a negative into a positive. An issue into an opportunity. I’m speaking about #antifragility. In a world where everyone is fighting to remain flexible and avoid delays, antifragility gives companies the competitive edge. Reaching this level of resilience isn’t easy – it represents one of the most advanced levels in true, comprehensive global supply chain management. The good news is, with the right tools, antifragility is more reachable than ever. It’s not about throwing huge budgets towards supply chain visibility, extensive supplier networks, and expensive backup plans. It’s about using #data #better. Your data Suppliers' data Market data Everyone has access to it already. You just have to know how to tie it all together. https://lnkd.in/dNqQdW5f

The reality is, defense contractors and suppliers that don't use the benefits of technology risk being left behind, or worse, jeopardizing national security. Let's talk about the game-changing role of technology in strengthening our defense supply chains: 👉 Advanced Planning Tools: Anticipating demand and mitigating risks 👉 Cybersecurity Measures: Safeguarding complex supply networks 👉 Advanced Manufacturing Techniques: Boosting visibility and operational efficiency 👉 Data Analytics: Enabling smart decisions and proactive problem-solving These technologies aren't just trends – they're essential tools for: • Predicting and preventing disruptions • Optimizing inventory levels • Strengthening digital defenses • Improving overall supply chain agility By embracing these innovations, we can: 1. Streamline operations for greater efficiency 2. Protect sensitive projects from threats 3. Adapt swiftly to changing circumstances But it's not just about individual gains. As an industry, we must collaborate and leverage our collective technological capabilities to build a more robust defense supply chain ecosystem. In today's unpredictable world, adaptability is crucial. Our true strength lies in our collective ability to innovate and overcome challenges. By embracing technology, we're not just making our defense supply chains resilient – we're future-proofing them. Want to join the conversation about supply chain resilience? Learn more at fvmt(dot)com/supply-chain-resilience. Together, we can build a stronger, more resilient defense supply chain. #DefenseIndustry #SupplyChainResilience #TechInnovation #CollaborativeGrowth

As we near the middle of 2024, businesses across the globe are encountering a maze of supply chain obstacles - ranging from political tensions, labor shortages, and advancements in technology to the push for sustainability. It is essential for any industry looking to succeed in this intricate environment to understand and address these challenges. How can you adjust to these circumstances? From strengthening cybersecurity to embracing sustainability, resilience has emerged as the new focal point of supply chain strategy. 🔗 Dive into the complete blog post and stay ahead of the game at Rebus.io: https://lnkd.in/eBfjhSUk #SupplyChain #BusinessStrategy #Sustainability #Resilience