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The Global Trade Compliance Market is Crazy!

Logistics Viewpoints

In April of 2022, British American Tobacco, headquartered in the UK, agreed to pay $508 million in fines for selling their products to North Korea. This type of analysis is standard operating procedure in the Auto industry; other industries have been too slow to adopt this advanced functionality. Treasury Department.

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Economic Aspects of Supply Chains

American Global Logistics

They encompass a vast ecosystem of industries and sectors that work together to deliver the right products at the right time, place, cost, quantity, and quality. The services industry, which is much larger than the goods sector, has started a potential wage-price spiral through pay raises granted in 2021 and 2022.

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Jason Miller Blog 2: Will Intel’s investments make a dent in our dependence on foreign semiconductors?

NC State SCRC

It is also an important first step as the Department of Defense and other industries have emphasized the importance of reducing our dependence on foreign semiconductors. From the 2017 Economic Census Jason pulled data on industry concentration in semiconductor manufacturing. We will need to be patient.

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Does AI Pose an Existential Threat?

Enterra Insights

Marcus and Reuel admit, “Each domain and each industry will be different, with its own set of guidelines, but many will involve both global governance and technological innovation. ”[5] And that’s not putting Russia, Iran, and North Korea into the mix. Other challenges deal with the complex world of AI itself.

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Forced Labor in Seafood Supply Chains

EcoVadis

While environmental repercussions of overfishing have traditionally been the focus among seafood consumers, labor practices in the seafood industry supply chains have recently emerged as the most discussed Corporate Social Responsibility (CSR) issue plaguing the sector. Background. In 2012- 50% of exports came from developing countries.

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Supply Chain Risk Management in 2024: A Forward Look with Tom Linton

Resilinc

Tom: We always have to keep an eye on North Korea. I lived in Seoul, Korea, for almost four years. Even back in 2008, North Korea was shooting missiles into the Sea of Japan, and that has not really changed. Supply chain managers in many industries often forget that their job is to speed things up.

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What Supply Chain Risks Must Supply Chain Execs Keep Top of Mind?

GlobalTranz

So, executives can mitigate labor risks by understanding the needs and wants of their current workforce, as well as those who may be interested in their industry. As seen recently with additional sanctions levied against North Korea and other countries, a change in politics may result in the cutoff of critical supply chain functions.