Supply chains exist to securely, reliably, and efficiently deliver quality products to customers. However, a number of forces can disrupt the supply chain. From natural disasters and poor management to malicious actions from criminals or state actors, supply chains face a variety of risks. Identifying and managing these risks is essential to a high-performing, resilient supply chain. LMI is at the forefront of supply chain risk management (SCRM) research, strategy, and implementation, and our experts have a proven record of helping clients reduce risk exposure and operate reliable and resilient supply chains.
We combine our supply chain and government operations experience to deliver practical solutions that reduce and manage your risk and achieve a resilient supply chain that meets your organizational goals.
Our maturity assessment identifies key gaps in your SCRM program and outlines where to make key investments to improve resiliency within your organization.
Strategy and Priority
Resiliency and SCRM require tradeoffs. Using a data-driven approach, we help to determine your risk tolerance, develop your organizational strategy, and identify your top priorities.
LMI’s suite of tools enables us to identify key risks in your supply chain, whether they are a single source of failure, quality issues, or foreign ownership. Our tools include open-source intelligence, machine learning, and stress testing.
Drawing from our expertise and tools, such as optimization engines, we design mitigations to reduce your risk and increase your organization's resiliency. Our team of experts helps ensure the right risk treatment is applied.
Continuous Improvement and Monitoring
Supply chains change daily. We monitor them to ensure your organization has first-mover advantage to respond to changes or disruptions. LMI implements solutions and tracks improvements on your journey to a more mature SCRM program and resilient supply chain.
Our supply chain risk management reach is wide and our capabilities run deep. We can apply our supply chain risk management and resiliency capabilities across a wide variety of challenges to ensure your mission effectiveness. With LMI, you can be sure that all aspects of supply chain risk management, from strategic to tactical, are covered.
LMI’s public-sector experts in logistics bring over 60 years of experience in helping organizations mitigate supply chain risks. Our in-depth understanding of supply chain and government operations combine to provide effective, practical solutions for reducing and managing risk and increasing resiliency. Our capabilities are built on significant SCRM expertise that includes leading the APICS Supply Chain Council’s SCRM team that established leading metrics, processes, and best practices. As a member of the Supply Chain Risk Leadership Council, LMI ensures that you will have access to leading-edge tools and processes. Our past performance includes the following:
- Supplier Scorecard
Developed a comprehensive SCRM scorecard for NASA to manage supplier risks across agency programs.
- Counterfeits Parts Detection
Worked with DoD to refine its policy around counterfeit parts detection, management, and reporting.
- SCRM Maturity and Improvement Plan
Assessed the SCRM capabilities of DoD, assessed supplier risks for two agencies, and developed an improvement plan to guide DoD.