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Do Consumers Care About Ethical Sourcing?

Logistics Viewpoints

But, in 2019, the Trump Administration stopped imports of clothing, gold, diamonds, and other items believed to have been produced with forced labor by companies based in Brazil, China, and Malaysia, as well as some gold mined in eastern Congo and diamonds from a region in Zimbabwe.

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Unethical Supply Chains Cost More Than Dollars and Cents

QAD

Or, consider the recent 2021 case where fast fashion maker and retailer, Boohoo , lost over a £1 billion in company value when it was uncovered that suppliers were paying less than minimum wage. Automakers are increasingly instituting objectives to boost the number of suppliers that meet defined social and environment standards.

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

It’s also important to know that for a clean vehicle to be eligible for the tax credit, final assembly must take place in North America and it may not exceed a Manufacturers Suggested Retail Price (MSRP) of $55,000 unless it’s a sport utility vehicle, van or pickup truck. The maximum MSRP for those products is $80,000.