Robert Stofko

In July, what is being called the “largest IT outage in history” grounded air cargo and travel and caused “substantial disruptions” to the networks of such supply chain giants as FedEx and UPS. While cybersecurity company CrowdStrike blamed the worldwide outage on a “software update” and not a cyberattack, the event illustrates the importance of taking measures to safeguard the supply chain systems we all rely on for the movement of goods and people. Cybersecurity is Paramount in Digital Supply Chain A Boston Consulting Group (BCG) report published in October 2023 said that “bad actors are using more sophisticated tools and techniques to exploit vulnerabilities in digital networks, and weak points can be difficult to detect. Companies with established cybersecurity capabilities are being compromised through less sophisticated third parties that are connected to their network.” Today’s Supply Chain Remains Vulnerable to Cyberattacks According to the Identity Theft Resource Center, the number of organizations targeted by supply chain cyberattacks skyrocketed by 2,600% between 2018 and 2023. Verizon’s 2024 Data Breach Investigations Report said there was a 68% year-over-year leap in the amount of “supply chain interconnection” involved in cyber breaches. Among high-profile cyberattacks affecting the supply chain: In December 2020, Forward…

Special Guest Blog Post written by Mark Holmes with InterSystems   A data gateway provides unified access to supply chain data from various sources, including enterprise systems, supply chain applications, data feeds, data warehouses, data lakes, data marts, and business entities. It helps companies meet their supply chain challenges head on and be ready for supply chain disruptions. Quick and easy access to live and historical data is critical for supply chain managers and practitioners, data analysts, stewards, engineers, and supply chain professionals in any industry. Here are just a few examples of industries that can benefit from a supply chain data gateway:   Fast Moving Consumer Goods and Consumer Packaged Goods In FMCG and CPG, the ability to make rapid, data-driven decisions is crucial for staying competitive in a fast-paced market. Companies can optimize their supply chain operations by using a data gateway that provides a unified and harmonized view of data. For instance, a logistics manager can monitor real-time data on inventory levels, customer orders, and transportation schedules to make better informed decisions and reduce lead times and costs while improving customer satisfaction. Healthcare In healthcare, a data gateway can improve visibility and inventory optimization by providing a…