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Navigating the Complex Landscape of ESG and Forced Labor Regulations: Insights from IBM’s Conference

Logistics Viewpoints

The FLR adopts the International Labor Organizations definition of forced labor and mandates the European Commission to issue guidelines by June 2026 to aid compliance. They will handle providing accurate data across their operations, including product sourcing, procurement, and transactions, to name just a few.

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New Study Shows Global Trade Compliance Is Not Slowing Down Any Time Soon

Logistics Viewpoints

It adopts the International Labor Organizations definition of forced labor and mandates the European Commission to release compliance guidelines by June 2026. Businesses will need to ensure accurate data reporting across core operations such as sourcing, procurement, and transactions. from Canada and Mexico.

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Ethical Sourcing in Today’s Business Landscape

Bristlecone

In today’s interconnected world, ethical sourcing has transitioned from a “nice-to-have” to a critical imperative for businesses across all sectors. The global market for sustainable products is projected to reach $150 billion by 2025 , indicating a robust demand for ethically sourced goods across various sectors.

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Rethinking WMS: Why No-Code / Low-Code Solutions are Transforming Warehousing

Logistics Viewpoints

Guidelines for Determining Warehouse Complexity Fully understanding warehouse complexity is critical. Here are a few guidelines to consider when evaluating your warehouses unique needs: Facility Size and Layout Small facilities rely on quick turnover and minimal storage, requiring streamlined WMS capabilities.

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Ivalua Launches Innovations to Improve Sourcing Decisions, Savings Capture and Supply Chain Visibility

ivalua

Innovations focus on supporting smarter and faster decisions around supplier relationships and sourcing initiatives, improving the capture and recognition of savings, increasing accounts payable automation and ensuring accessibility for all. Sourcing optimisation tools have traditionally been for the select few due to the complexity involved.

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Procurement vs Purchasing: Key Differences, Workflows, and Enterprise Risks

ivalua

Procurement is the strategic, big-picture approach to sourcing and supplier relationship management, while purchasing is the tactical execution of those plans. Procurement is the end-to-end process of identifying business needs, sourcing goods and services, negotiating contracts, and managing supplier relationships over time.

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Stringent Reporting Regulations Require Data Integrity

Logistics Viewpoints

The Corporate Sustainability Directive will also require companies to report on materiality conceptual guidelines, double materiality, impact materiality, and financial materiality. Finding this data may reveal that double the work is being completed to source information that already exists in other branches.

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