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What You Can’t See Can Hurt You – Is Your Supply Chain Really Transparent?

Logility

Companies are using social audits, which are often ineffective without essential support. . True supply chain transparency means your company knows exactly what is happening upstream in the supply chain and can share this knowledge internally and externally. Lack of transparency also carries a huge reputational risk.

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Do You Know Your Suppliers? Counting the Cost of Ignorance

QAD

The company issued this statement at the time: “We explicitly prohibit child labour in our operations and have been working relentlessly to take a stand against this.” In Bangladesh in July 2021, a fire at a food factory claimed the lives of at least 52 people, some of whom were children. A similar study in the U.S.

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Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

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Supplier Management and Sourcing in the Fashion Industry – Under the Spotlight

Jaggaer

Digital transformation is delivering benefits to many of the world’s leading fashion companies, especially in Italy, where roughly half of the leading fashion concerns have implemented JAGGAER solutions. With the price of high street fashion having fallen dramatically in recent years, many companies need to stay in consumers’ minds.

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Guest post: Sustainable monitoring in supply chains: it’s time for companies to reconnect with their stakeholders.

EcoVadis

In the last two decades companies have been required to assure that good environmental and social performance were achieved across their supply chains (MIT, 2009). As a consequence, companies have asked suppliers to certify products, services and processes (e.g., or the recent catastrophe in Rana Plaza, Bangladesh, Surewiecki, 2013).

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How Europe is Coping with Supply Chain Disruption

Jaggaer

Define your procurement response strategy. Many countries have closed shops for non-essential and discretionary purchases, and even where they are open, consumers may be cautious about venturing to the high street, preferring to shop online. This in turn could put logistics under pressure at companies like Amazon.

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Alternatives to Blockchain in Supply Chain

Logichain Solutions

Are companies using blockchain to create visibility in their supply chain, or to trace products downstream and upstream in the supply chain? So, what is supply chain visibility, traceability and transparency and how are companies dealing with these challenges if not by blockchain? As per a 2017 report by.