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Avetta Industry Watch – Week of August 15
Why risk needs to be top of mind for procurement leaders
– CSCMP’s Supply Chain Quarterly:
According to a new report from A.T. Kearney and Rapid Ratings International, managing risk is not a priority for procurement because leaders have limited time and budget to address it. Leaders are not held accountable for their performance, despite negligently putting the company in a vulnerable position.
Online Exclusive: National Safety Survey: OSHA Database Will Cause Inaccurate Data Analysis
– EHS Today:
With the implementation of OSHA’s new public reporting guidelines, EHS Today’s 2016 National Safety Survey reveals more than 78 percent of respondents think the rule will have no impact on company safety initiatives. However, some safety managers are concerned the government and the general public will not accurately analyze and disseminate the data.
Illinois Contractor, in Default of $268K in Fines, Cited Again for Safety Hazards
– Insurance Journal:
Long-time offender Barringer Brothers Roofing has yet again received OSHA citations, this time for two willful, two repeated and six serious safety violations at a residential home. The company has been cited 19 times during the past decade for failing to protect workers from fall hazards.
Big Data and the Evolution of Supply Chain Planning
A growing number of manufacturers are using big data analytics as a tool to improve the efficiency and traceability of supply chains, as well as better assess supply chain risk and customer needs. With the amount of data growing at a rate of approximately 59 percent annually, big data analytics is set to revolutionize supply chain management.
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