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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.

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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. 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.

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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 ”.

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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?

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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.

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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. The Difficulty of Supply Chain Due Diligence.

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Mitigating Geopolitical Risks in the Supply Chain, Part One

Enterra Insights

In the concluding part of the article, I want to examine how geopolitical risks might affect supply chain operations. ” • Notorious North Korea. Interestingly, Kupchan and Bremmer didn’t include North Korea as one of their trouble-spots for this coming year. Geopolitical Risks • Rogue Russia.