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'COSO – SARBOX – SUPPLY CHAIN FRAUD. The Committee Of Sponsoring Organizations (COSO) internal controls framework highlights the following 5 key components which are a useful guide for the detection and reduction of supply chain fraud. Control Environment, Risk Assessment, Control Activities, Information & Communication and last but not least, Monitoring.
'Global Cargo Monitoring / Cargo Tracking. International trade is the engine of global prosperity today. The size of global trade has nearly doubled since 1990. The healthy growth continues as world merchandise trade continues to grow with an average of 10% per year. By having many service providers involved, which among each other are often not connected, the friction in moving goods from source to destination are very high.
Three groundbreaking studies by organizations such as the UN Global Compact, Mc Kinsey and Goldman Sachs presented today at the Global Compact Leaders Summit show that an increasing number of business leaders see corporate responsibility as a way to compete successfully and to build trust with stakeholders – and that sustainability front-runners in a range of industries can generate higher stock prices.
'SHRINKAGE: BOTTOMLESS PIT OR GRAVE? Many organizations just write off losses – especially raw materials and finished goods – to shrinkage: a general ledger bucket of seemingly endless depth and widespread use for all sorts of ills that may plague an organization. As long as shrinkage is within some acceptable percentage range, no one typically gives it too much thought or care.
The $53 trillion manufacturing economy in the US is undergoing a major automation paradigm shift due to Artificial Intelligence (AI). Thanks to new practical frameworks, automation projects that were once impossible or inefficient to implement are now being fast-tracked, and robotics automation is becoming increasingly relevant to a growing number of users and scenarios.
'From Purchasing b2b: One thing is for certain, RFID has been talked about enough—in the media, at trade shows and industry conferences. Like a parachute jumper receiving endless instruction in the plane, there comes a time when you just have to jump. Staples Business Depot is already in the air. Together with its supply chain partners, this retailer of office equipment and supplies has embarked on a unique RFID pilot project.
'Global Cargo Monitoring / Cargo Tracking. International trade is the engine of global prosperity today. The size of global trade has nearly doubled since 1990. The healthy growth continues as world merchandise trade continues to grow with an average of 10% per year. By having many service providers involved, which among each other are often not connected, the friction in moving goods from source to destination are very high.
'Global Cargo Monitoring / Cargo Tracking. International trade is the engine of global prosperity today. The size of global trade has nearly doubled since 1990. The healthy growth continues as world merchandise trade continues to grow with an average of 10% per year. By having many service providers involved, which among each other are often not connected, the friction in moving goods from source to destination are very high.
'Global Cargo Monitoring / Cargo Tracking. International trade is the engine of global prosperity today. The size of global trade has nearly doubled since 1990. The healthy growth continues as world merchandise trade continues to grow with an average of 10% per year. By having many service providers involved, which among each other are often not connected, the friction in moving goods from source to destination are very high.
'Global Cargo Monitoring / Cargo Tracking. International trade is the engine of global prosperity today. The size of global trade has nearly doubled since 1990. The healthy growth continues as world merchandise trade continues to grow with an average of 10% per year. By having many service providers involved, which among each other are often not connected, the friction in moving goods from source to destination are very high.
EcoVadis has been selected in the “Internet & Services” category. Co-Organised by the French Senat and Essec Business School, Tremplin Entreprise is the leading event allowing selected French companies to meet the international venture capital industry. Since 1999, Tremplin Entreprise, is part of Paris Investors Week organised by AFIC, Paris Europlace & CDC Entreprise.
'ARE YOU BUDGETED FOR FRAUD REPERCUSSIONS? If your organization is not budgeting for fraud detection, prevention, and reduction, then you better be budgeting for fraud repercussions. In much the same way as supply chain fraud cuts across the operations of the enterprise, the repercussions from supply chain fraud are just as far-reaching, (if not actually more so), and much more damaging and costly: - Manufacturing Downtime. - Machinery Flush / Clean / Repair. - Sourcing Replacement Suppliers. -
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