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BSI unveils Connect SCREEN News subscription service to provide real-time insights into global supply chain threats

BSI unveils Connect SCREEN News subscription service to provide real-time insights into global supply chain threats
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The Latest: Galveston mayor urges people to stay off roads

HOUSTON (AP) The Latest on Tropical Storm Harvey (all times local): 12:25 p.m. The mayor of Galveston is asking residents to stay put and off flooded roads as the city anticipates more rain from Harvey.

Private Fleets Are An Expensive Response To Ongoing Volatility

Share: The hunt for available capacity is the ongoing refrain since the pandemic shifted consumer buying habits. According to a recent McKinsey survey of CPG companies, 80% of those companies have no expectation that pandemic-fueled transportation costs will decline anytime soon.  A May report from BSI, a London-based standards and supply chain intelligence firm, suggested that while immediate effects of the pandemic are easing worldwide, the long tail of the pandemic is ongoing and may include increased regulation of supply chains and food fraud.  COVID-19 will certainly have latent effects on organizational resilience throughout 2021, directly and indirectly shifting the way organizations do business, said Jim Yarbrough, global intelligence program manager at BSI.

Regulatory changes, food fraud, and the ongoing effects of COVID-19 are the primary causes of supply chain disruptions, according to new BSI report

Share this article Share this article HERNDON, Va., April 29, 2021 /PRNewswire/ Today, BSI, the business improvement and standards company, unveiled its annual Supply Chain Risk Insights 2021 Report that identifies the trends and associated risks likely to impact global supply chains in the year ahead. The report is powered by the global data in BSI s proprietary web-based, comprehensive intelligence system. Using this insight, BSI predicts the following trends will likely dominate the global supply chain throughout the year ahead: Ongoing challenges from COVID-19 creates new threats for organizations in the coming months Economic hardship increases the risk of labor exploitation, human rights violations, and stowaway smuggling

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