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Procurement Can Prepare for  Supply Chain Risk

ivalua

Supply Chain Managers today have never been so reliant on suppliers to deliver goods and services to customers. Globalisation has made is much easier for UK businesses to trade across borders, allowing access to lower cost sources of supply and new markets. Businesses aren’t prepared for Supply Chain Risk.

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Economic Aspects of Supply Chains

American Global Logistics

Gain Competitive Advantage by Understanding the Economic Aspects of Supply Chains Supply chains play a crucial role in driving economic growth and prosperity. According to the Council of Supply Chain Management Professionals (CSCMP) the cost of U.S. All these help mitigate disruptions to supply chains.

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Supply Chain and Logistics Resolutions for 2017: 4 Things to STOP Doing This Year

Talking Logistics

Three years ago, I wrote a popular post highlighting “ 5 New Year’s Resolutions for Supply Chain and Logistics Executives.” For related commentary, see “ There’s No Silver Bullet for Supply Chain Visibility ” and “ Forget Innovation, Just Execute Better ”. Stop viewing logistics as a cost center. It’s now 2017.

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Made in “I Really Don’t Know”

Talking Logistics

In this week’s Ripped from the Headlines segment, another example of how many companies still have poor visibility and control of their end-to-end supply chains. We do not approve or authorise any production of Rip Curl products out of North Korea.” How do you begin to improve supply chain visibility and control?

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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

Many multinationals have engineered their global supply chains to minimize taxation by creating subsidiaries in low taxation nations like Switzerland, Ireland, and Singapore. In April of 2022, British American Tobacco, headquartered in the UK, agreed to pay $508 million in fines for selling their products to North Korea.

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Has China lost its relevance as a production location?

Supply Chain Movement

China’s position as a production location is currently a hot topic amongst global thought leaders in supply chain. The general price level of products made in China is rising rapidly, and it has been claimed that some of the products actually originate in North Korea. By Heidi Larsen, Supply Chain Princess.

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In Chains: How to Approach Human Trafficking in your Supply Chain

Elementum

The process of identifying and penalizing human traffickers in a supply chain is exhaustive and at this point a comprehensive solution seems nearly impossible. It’s easy for these suppliers to turn a blind eye to any illegal activity, so information about employment doesn’t always make it to the top of the supply chain.