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An update on required ‘Conflict’ Metals reporting…

Operations and Supply Chain Management

listed companies that have filed their first audits on whether their products contained any tin, gold, tungsten or tantalum from Africa’s war-torn Congo region. Retailer J.C. Plenty of products still contain the four targeted metals from the Congo region. The admissions were among reports by nearly 1,300 U.S.-listed

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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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4 Crucial Commodities to Watch in 2023

Resilinc

Presently, The Democratic Republic of Congo (DRC) is the top producer of cobalt—making 71% of the world’s supply. Fast-food chains, grocery stores, and other retail chains are also removing PFAS— see a complete list of companies here. Now, the leading use of cobalt is rechargeable battery electrodes.

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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.

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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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Recap: State of the Supply Chain in 2022, Live Chat with Tom Linton

Resilinc

Linton: OEMs must deal with issues like whether their third-tier supplier is exploiting children in the Democratic Republic of Congo to mine cobalt. In the last few weeks, major retailers have announced that they’re sitting on boatloads of inventory. On the other hand, no retailer wants to have empty shelves on Black Friday.

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Manufacturing Pulse Report 2016

Supply Chain Movement

Furthermore, while the combination of in-store and online shopping – omnichannel – has long been a feature of the retail world, it is only now really starting to impact the manufacturing sector. The dynamics of selling directly to customers are far different than manufacturers’ previous experience of selling to retail partners.