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Supply Chain Ethical and Compliance Issue- Volkswagen

Supply Chain Matters

Background Supply chain ethical and social responsibility, that which umbrellas ESG conformance, have increasingly become a concern for businesses, large and small, along with their procurement organizations. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. All rights reserved.

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Red Sea Ocean Transport Shipping Disruption Update

Supply Chain Matters

UPS Supply Chain Solutions has begun offering its customers added tools, guidelines and recommended pointers for best navigating this ongoing crisis. Carriers have an agenda for needed revenue and profitability growth amid a growing glut of shipping capacity in 2024. All rights reserved.

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U.S. CHIPS Act Garners a Strategy Outline

Supply Chain Matters

Outlined are other related initiative guidelines and programs, particularly a National Advanced Packaging Manufacturing Program created to address how the U.S. can compete in advanced semiconductor packaging capabilities domestically which the industry will reportedly feature in upwards of half of advanced devices by 2024.

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Regulations to Prevent Modern Slavery in Supply Chains 

Exiger Perspectives

The law will expand to include companies with 1,000+ employees in 2024. While the Directive does not outline specific sanctions for non-compliance, it aims to improve corporate governance practices regarding the procurement of raw materials, increase accountability, expand access to remedies, and create legal certainty in the single market.