article thumbnail

7 Use Cases for Hyperledger in Supply Chain

Supply Chain Shaman

I believe we need to move to Open Source tech. This transition from closed and proprietary solutions to open source capabilities will not happen quickly. The Hyperledger project is an Open Source blockchain platform. It lacks the system of reference of division/company or company/industry. What do I mean? Let me explain.

article thumbnail

Trade Rules are Increasingly Environmental, Social and Governance Rules

Logistics Viewpoints

Procurement managers are now asked to address ESG issues in their sourcing and foreign manufacturing operations. Global Deforestation and Forest Degradation In December of 2022, a deforestation-free regulation was passed that was focused on the sourcing of cocoa, coffee, soy, wood, palm oil, rubber, and cattle.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How EV Manufacturers Can Navigate Supply Chain Complexity

Arena Solutions

DEVELOP THE RIGHT SOURCING STRATEGY. Although EVs are comprised of fewer mechanical parts as compared to traditional ICE vehicles, they incorporate highly sophisticated technology that is much more difficult to source and mass produce. Once the raw materials are sourced, the final batteries are assembled primarily in Asia.

article thumbnail

How Financial Services Companies Can Manage Sustainability Risks While Driving Progress On UN Sustainable Development Goal 16

EcoVadis

legislation, conflict minerals often refer to tin, tantalum, tungsten and gold (3TG). The name came from the fact that profit from these minerals have long been used to fund armed groups and fuel regional conflicts, specifically in eastern part of Democratic Republic of Congo (DRC). As defined by the U.S. Institution Issues.

article thumbnail

Regulations to Prevent Modern Slavery in Supply Chains 

Exiger Perspectives

Modern slavery in supply chains refers to the exploitation and forced labor practices that occur within global networks. By fostering a more ethical business environment, regulations aim to prevent and address modern slavery, promote responsible sourcing practices, and mitigate human rights abuses in supply chains.