Masters of Disaster is the podcast on risk, ethics and compliance. Today’s episode focuses on risk by talking with Steve Banker, an expert in supply chain risk management.
Risk management in supply chain has come a long way in the last 10 years. Steve Banker believes there is an emerging revolution in risk management based on real-time data. It is now possible in some companies to assess the impact of an earthquake on a supply chain in a matter of minutes. The potential to add predictive capabilities to risk analytics is emerging.
Steve heads up the Supply Chain & Logistics consulting team at ARC Advisory Services. Steve has managed consulting projects for manufacturers, retailers, software providers, and venture capital firms. Steve's research includes ROI analysis of a variety of supply chain applications, benchmarking, and best practice reports. He has aided users in supplier and consultant selections, and suppliers with acquisitions and product roadmaps.
Steve has been covering supply chain technologies since 1996. He is one of the best-known industry analysts covering supply chain management and a frequent speaker at industry events. In recognition of his contribution to the supply chain and logistics field, Steve was selected as a 'Pro to Know' by Supply & Demand Chain Executive Magazine. Steve has a column in Forbes.com covering logistics and supply chain management and writes the Monday column in Logistics Viewpoints.
Before joining ARC, Steve was a Professor at Stonehill College and Pennsylvania State University. He holds an MBA from Babson College and a Ph.D. from Indiana University.