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Altius Recent Posts

How to manage supply chain cyber security risk affordably

Posted by Altius on Dec 16, 2015 5:34:47 PM

According to a Manpower survey, demand for specialist cyber workers has increased four-fold over the past year, with top experts being paid more than £10,000 a day.

In response to the cyber security issues in the industry, supply chain compliance expert Altius has launched a cyber security software package for those many businesses whose payroll doesn't stretch to employing £10,000 per day experts.

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Topics: News

How to introduce your own supplier audit in five steps

Posted by Altius on Nov 25, 2015 11:30:00 AM

One of the greatest challenges of supplier audits is actually introducing it into your workplace in the first place. Both you and your suppliers understand the importance of such audits to mitigate risk, ensure supply chain integrity and stay within the boundaries of the law.

To ensure your own supplier audit is adding-value to your operations and supply chain from first integration, take into consideration these five steps for better auditing practice:

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Topics: Assessment Focus

10 facts that will stagger all supply chain managers

Posted by Altius on Nov 20, 2015 2:18:45 PM

When in control of a supply chain, being able to identify and mitigate risks that could be disruptive to your supply chain is likely to be high on the priority list. Or so you would think... Sometimes this doesn't seem to be the case.

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Topics: News

Facilities Managers guide to maintaining supply chain compliance

Posted by Altius on Nov 18, 2015 12:30:00 PM

Vendor compliance is a key factor in making sure your supply chain runs smoothly. To ensure that your suppliers are compliant, you need to have a clear strategy and framework in place that will ensure that they are clear about what is expected of them (and when). This will improve not only compliance but also the relationship between you and your suppliers. Here’s how you can approach the subject of supply chain compliance and manage the process effectively:

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Topics: Assessment Focus

3 rules for reducing supply chain risk

Posted by Altius on Nov 11, 2015 11:30:00 AM

The complexity of supply chains introduces and amplifies the risk that your business could face – whether related to physical security, economic stability or supplier loss. Recognising where these risks are the greatest threat to your business and which are the most potentially disruptive can help to focus your resources on reducing potential problems.

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Topics: Assessment Focus

Facilities Managers: How much do you know about your supply chain compliance?

Posted by Altius on Nov 4, 2015 12:30:00 PM

The anticipation from senior management that you will know everything about your firm’s supply chain can be a heavy burden. Managing a database of thousands of suppliers can be a real challenge and simply pulling off a report for weekly team meetings isn’t a simple job. To gauge just how much you know about your supply chain and your supply chain compliance, ask yourself these 5 key questions…

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Topics: Assessment Focus

Contractor management: Time-saving techniques for supply chain managers

Posted by Altius on Oct 28, 2015 12:30:00 PM

It has been calculated by the Aberdeen Group that 43% of the procurement, finance, and supply chain industries are failing to complete information on their corporate supplier database.

With so many other assigned tasks to think about, supplier and facilities managers are simply running out of time to look after their systems – potentially leaving them exposed to risks beyond their control.

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Topics: Assessment Focus

Facilities Managers: The case for an annual supply chain assessment

Posted by Altius on Oct 21, 2015 11:30:00 AM

Supply chains are becoming more complicated across all sectors and customers are becoming increasingly aware that compliance issues can lead to unexpected incidents and risks.

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Topics: Assessment Focus

3 common problems when managing suppliers and managing contractors

Posted by Altius on Oct 14, 2015 12:30:00 PM

Most businesses often look to their Facilities Managers to ensure that the running of their physical properties and supply chain always goes smoothly. Whilst striving to maintain high internal standards, managers also need to remain alert to external industry related trends that could affect their responsibilities, but also the compliance of their suppliers, which could put their supply chain at risk.

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Topics: Assessment Focus

How to complete a supply chain risk profiling assessment

Posted by Altius on Oct 7, 2015 11:30:00 AM

De-risking your supply chain should always be on your agenda and never be left to chance. Whether it’s sourcing alternative suppliers, altering inventory levels during a disruption or profiling your supply chain every year – negating potential issues is vital for your ever-improving processes.

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Topics: Assessment Focus