article thumbnail

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

Resilinc

Accomplished procurement veteran and author Tom Linton provides valuable insights into the supply chain risk management landscape in 2024 in this exclusive Q&A. As we move into the new year, there are many questions on our minds about the future of the supply chain. Tom: We always have to keep an eye on North Korea.

article thumbnail

Economic Aspects of Supply Chains

American Global Logistics

Gain Competitive Advantage by Understanding the Economic Aspects of Supply Chains Supply chains play a crucial role in driving economic growth and prosperity. According to the Council of Supply Chain Management Professionals (CSCMP) the cost of U.S. All these help mitigate disruptions to supply chains.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. 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.

Global 175
article thumbnail

Made in “I Really Don’t Know”

Talking Logistics

In this week’s Ripped from the Headlines segment, another example of how many companies still have poor visibility and control of their end-to-end supply chains. We do not approve or authorise any production of Rip Curl products out of North Korea.” How do you begin to improve supply chain visibility and control?

article thumbnail

Supply Chain and Logistics Resolutions for 2017: 4 Things to STOP Doing This Year

Talking Logistics

Three years ago, I wrote a popular post highlighting “ 5 New Year’s Resolutions for Supply Chain and Logistics Executives.” Stop viewing technology as a silver bullet. For related commentary, see “ There’s No Silver Bullet for Supply Chain Visibility ” and “ Forget Innovation, Just Execute Better ”.

article thumbnail

In Chains: How to Approach Human Trafficking in your Supply Chain

Elementum

The process of identifying and penalizing human traffickers in a supply chain is exhaustive and at this point a comprehensive solution seems nearly impossible. It’s easy for these suppliers to turn a blind eye to any illegal activity, so information about employment doesn’t always make it to the top of the supply chain.

article thumbnail

Chinese New Year Shutdown 2020: How to Prepare

ShipBob

In mainland China (and even in other countries that celebrate the holiday such as Indonesia, Malaysia, North Korea, Singapore, South Korea, Vietnam, and Brunei), the Chinese New Year holiday is a very big deal. For some Americans, the holiday comes and goes without them even noticing. Halted production.

How To 136