article thumbnail

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

Logility

Incidents like the Rana Plaza factory collapse in Bangladesh have led to new laws, but laws are not always followed which makes it incumbent upon your business to ensure your supply chain is ethical. Transparency, or lack thereof, carries a huge reputational risk for companies. The stakes are high. Supply chains are opaque.

article thumbnail

The State of the Retail Supply Chain in 2022 and How Shippers Can Mitigate Risks Through Data

Intelligent Audit

But in the timeframe between 2020 to 2022, a volatile supply chain market showed the weakness in outdated, legacy supply chain execution built on rigid technology or lacking any accurate data that can improve overall decision-making. Shippers Need Maximum Visibility into All Data and Actionable Insights.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Selecting a Supply Chain Technology Provider is Harder than it Seems

The Logistics & Supply Chain Management Society

It might be tempting to embrace new entrants into the market, it is smart to find a company that has a long history in the supply chain and can use its wealth of experience, and historic data points, to provide better service. AI-driven platforms can even analyze your data to identify. Data security is crucial.

article thumbnail

Using Data on Worker Sense of Value to Guide Improvements in Social Performance in the Supply Chain

EcoVadis

” Once companies begin to engage their value chain partners on sustainability topics, either through assessments, audits or similar data collection processes, the next challenge is how to help them improve. Based on Verité’s findings, Gap Inc. partnered with its suppliers to make investments in response to worker feedback.

article thumbnail

Building the Network of Networks

Supply Chain Shaman

Fires in a Bangladesh sewing factory resulted in 112 deaths. Through this pilot, we are trying to connect structured data (transactions) and unstructured data (contracts and documents) to enable multi-tier payment. If companies use streaming data through Internet of Things to drive replenishment, do we need customer orders?

article thumbnail

The Food Supply Chain and the War in Ukraine

Enterra Insights

As a result of the war, Bior reports, “Egypt’s prime minister fixed bread prices, Bangladesh launched a nationwide food subsidy program, and consumers in Indonesia noticed a favorite instant noodle dish went out of stock. ” Our World in Data, 24 March 2022. ”[7] Here’s the rub. Footnotes. [1]

Ukraine 130
article thumbnail

The World is About to Get Even More Connected through the Internet of Things

Enterra Insights

And of course, these devices help us to send, transfer, and collect important data anywhere and at any point in time.” The ability to send, transfer, and collect data is meaningless unless that data can be analyzed. It even helped National Geographic track a discarded plastic bottle from Bangladesh to the Indian Ocean.