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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

Many multinationals have engineered their global supply chains to minimize taxation by creating subsidiaries in low taxation nations like Switzerland, Ireland, and Singapore. First, even if fines are not applied, goods moving across borders with incorrect documentation can be held up at the border. For example, the U.S.

Global 176
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Germany Raises the Stakes on Corporate Social Responsibility with Supply Chain Due Diligence

Logility

The new act joins relatively recent laws from Switzerland , Norway , the Netherlands , and the European Union to eliminate child and forced labor, improve working conditions, and institute environmentally responsible practices across the global supply chain. Companies that fail to meet these accountability requirements ?

Germany 147
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Do You Know Your Suppliers? Counting the Cost of Ignorance

QAD

Norway, Switzerland, the Netherlands, France, and the UK have all passed similar due diligence, human rights, and anti-slavery legislation. A 2021 Deloitte study documented how 43% of UK consumers selected brands based on environmentally sustainable values. Consumer Buying Trends. A similar study in the U.S.

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The Importance of Transparency in Supply Chains

Enterra Insights

Food Safety Modernization Act) with further regulation on the horizon in the Netherlands and Switzerland, among others.” For example, shipments that are missing origin documents are being held up and turned away at ports, causing costly disruptions that ripple through supply chains.” ” Concluding thoughts.

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How Opna Bio SA Built a Successful Procurement Process as a Biotech Startup

Precoro

At present, Opna Bio SA comprises two small Research and Development companies, one in Lausanne, Switzerland and one in South San Francisco, USA. They were worried that with a manual approach, data entry and creation of procurement documents would be time-consuming and prone to errors. She and Ms. According to Ms.

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What ChemChina's Syngenta Takeover Deal Means for Agribusiness

Elementum

While there is an existing ban in China on genetically modified crops, the state council’s policy document released this year calls for a “ cautious rollout of GM technology ,” which signals an eventual acceptance of biotech crops. For Syngenta, this is a lucrative opportunity to gain more access to the Chinese market. Better Together.

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How Blockchain Could Create the 'Autonomous Container'

Supply Chain Brain

Beyond pharma, ideal products include sophisticated electronics, chocolate from Switzerland, fresh salmon and berries. It knows where it’s located, that it has all shipping documents attached in virtual form on the blockchain, and when it runs into trouble can call for help.” With scale, we can lower the cost.”