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I think defining the future of SupplyChaintechnology means that we, as supplychain leaders, need to take a hard left. Today’s supplychains use closed and proprietary technologies. I believe we need to move to Open Source tech. What do I mean? Let me explain. The reason?
United Cocao Faces Deforestation Claims There are important changes in trade regulation occurring that supplychain professionals need to be aware of. End-to-end means that this monitoring extends beyond a company’s immediate suppliers to include a supplier’s supplier, and that supplier’s supplier, and on up through the supplychain.
The global shift from traditional internal combustion engine (ICE) vehicles to vehicles with electrified powertrains is underway, and it’s creating greater complexity for original equipment manufacturers (OEMs) and their supplychains. DEVELOP THE RIGHT SOURCING STRATEGY. Vertical integration of the supplychain.
Understanding the Role of AI in Combating Forced Labor in SupplyChains September 20, 2024 Article Table of Contents Introduction In the pursuit to end modern-day slavery, Hope for Justice works with multinationals to uncover forced labor hidden within their supplychains.
Learn more about the struggles the coffee supplychain faces. As anyone in supplychain management understands, any product goes through a complex process that is often on a global scale. For many coffee brands, international issues, including violence, are causing problems in the supplychain.
Learn more about the struggles the coffee supplychain faces. As anyone in supplychain management understands, any product goes through a complex process that is often on a global scale. For many coffee brands, international issues, including violence, are causing problems in the supplychain.
These are three different SupplyChain Operating Networks.) A share group is a joint initiative between manufacturers and technologists to work together to solve a supplychain problem that does not have a clear answer today. The focus of existing technology companies is deeply rooted in traditional sales activities.
The first deadline regarding last year’s SEC Conflict Minerals Rule is fast-approaching on January 31 – and companies are scrambling to report what conflict minerals – gold, tin, tantalum and tungsten sourced from the Democratic Republic of Congo (DRC) and surrounding countries – have entered their supplychains since the start of 2013.
Companies are increasingly encouraged or propelled to include human rights, environmental and social considerations within global supplychains. Supplychains are increasingly complex and rely on numerous partners, making it difficult to control the impact supplychains have on people and the environment.
As covered in last week’s blog , China’s dominance of supplychains for cobalt—an essential component in lithium-ion battery chemistries—is a growing geopolitical concern for leaders from both parties. The post Ethical sourcing risks pose challenge to electric vehicle market appeared first on Resilinc.
Michael Ford , Global Lead on Environment, health and safety (EHS) and Sustainability at Avetta, writes, “The impact of modern slavery being identified within your supplychain should not be underestimated.”[1] ”[2] Those laws provide a framework for identifying and eliminating slavery within corporate supplychains.
Such huge pressure on sales is also dragging the supplychain department(s) towards an ever-higher service level. Mindmap SupplyChain Execution 24/7. Congo, The Democratic Republic of The. Technological advancements such as RFID, GPS and 3D printing are opening up new opportunities. Choose country.
A technology revolution is rapidly changing the way we work, providing threats and opportunities along the way. These developments impact Original Equipment Manufacturers, both at strategic level and at operational level within their supplychains. Mindmap High-Tech SupplyChain 4.0. Choose country. Afghanistan.
But nobody is talking about the supplychain for these vehicles, and the capacity required to build them. Converting an entire supply base of automotive suppliers, who are all focused on building of combustion engine-powered vehicles, and moving them all to electric vehicles, will be a superhuman feat.
Image source: “Electric Vehicle Outlook 2018 | Bloomberg New Energy Finance.” 3] The search for more raw materials has led suppliers to source irresponsibly from unstable emerging markets. Image source: ResearchGate. Image source: ResearchGate. Bloomberg NEF, 2018, about.bnef.com/electric-vehicle-outlook/#toc-download.
As conflict minerals continue to find their way into supplychains of major western corporations, businesses need to place more emphasis on due diligence and explore new technologies to increase transparency. Increasing Due Diligence in the Cobalt SupplyChain. So far 29, smelters/refiners follow the new standard.
From electric vehicles and portable off-grid battery systems to smart solar trackers and air quality monitoring solutions —sustainable technologies are leading the way in innovation. Democratic Republic of Congo, South Sudan, Tanzania). How will products be packaged, transported, and used?
Readers of Resilinc’s blog will likely be familiar with Tom Linton, the supplychain veteran, senior McKinsey advisor, member of Resilinc’s executive advisory board, and author (whose most recent book Flow: How the Best SupplyChains Thrive with co-author Rob Handfield is now available).
Robinson help companies simplify their global supplychains. Integrated technology gathers data from all parts of the supplychain and provides full visibility to orders and costs. Robinson supplies a competitive advantage to companies of all sizes. >>Please Congo, The Democratic Republic of The.
Less than four months ago, copper was setting record prices and experts were forecasting long-term supply gaps due to a collision between the growing demand for copper in clean-power technologies and the cost and difficulties of developing new mines. Where new copper sources will come from is an issue of major concern geopolitically.
SupplyChain Movement and software vendor Eyefreight have developed this checklist to provide to pinpoint the key drivers of Freight Spend Management. Congo, The Democratic Republic of The. And freight costs are continuing to rise, pushed upward by factors such as globalized distribution and unpredictable fuel prices.
The purpose of the Conflict Mineral rules is to put an end to the extremely violent conflict in the Democratic Republic of the Congo, which has been partially financed by the exploitation and trade of conflict minerals originating in the region. according to parameters such as their activities, size, use of recycled materials.
According to the IEA report, clean energy technologies such as solar PV, wind turbines, and electric vehicles require far more minerals than conventional fossil fuel energy technologies. “A Mining Technology’s Zachary Skidmore lists a broader set of solutions to “alleviate the pressure on the [copper] supplychain.”
As covered previously on Resilinc’s blog (see Driving domestic production of critical minerals and Ethical sourcing risks pose challenge to electric vehicle market), the ESG concerns of activists and investors dovetail with the security worries of bipartisan leaders in the White House and Congress.
Unfortunately, most corporations lack visibility of their cobalt supplychain beyond the smelters that purchase the ore from mines, or intermediaries. Leo Bonanni argues that there is no excuse for companies not maintaining 100% traceability in their cobalt supplychains. Article: [link].
Modern slavery in supplychains refers to the exploitation and forced labor practices that occur within global networks. Governments are taking initiatives to make organizations accountable for all activities in their supplychains that might involve modern slavery. The enactment of these recommendations is still pending.
Across the industry, automotive manufacturers have implemented a standard set of tools in CSR management systems to reduce the risk of human rights violations, and consequently increase the value added to human capital, within operations and across the supplychain. On-board electronic, fuel cells.
Who is governing the computer supplychain? What can be problematic about sourcing raw materials from the Congo? What can be problematic about sourcing raw materials from the Congo? How could a linear supplychain become circular? How will the supplychain change in the age of automation?
The automotive industry is undergoing a massive technological transformation toward vehicle electrification and the shift presents huge opportunities for manufacturers that do business in the US, especially since the passage of the Inflation Reduction Act in August 2022.
In the competition to source critical minerals, there are few commodities as strategically important as cobalt. China dominates global supplychains for cobalt—as well as lithium, nickel, and other critical minerals. In many cases, the production and supply of these materials are controlled by a few companies or governments.
Here’s why: Unveiling SupplyChain Risks. The Financial Services sector is not one many would immediately imagine having significant environmental or social risks within its supplychain. Yet, with its global presence now firmly established, its supplychain impact is considerable. Institution Issues.
The key supplychain stories from Reuters’ global network of journalists China's rare earth magnet shipments halve in May due to export curbs China's overseas shipments of rare earth magnets halved in May from April, tumbling to their lowest levels in more than five years due to export curbs.
The key supplychain stories from Reuters’ global network of journalists What's at stake as Trump's tariffs threaten EU exports U.S. billion Australian software company WiseTech Global (WTC.AX) on Monday announced its biggest deal to date, buying out U.S. and jeweller Pandora (PNDORA.CO) are looking at spreading the cost of U.S.
eastern daylight time on April 5, 2025 Reciprocal tariffs on exports from a list of nearly 60 countries range from a level of 11% for Congo to 50% for Lesotho. And with none of the USs major sourcing partners spared from significant tariffs this time, containers that do move will come at higher tariff costs to shippers and then for consumers.
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