Remove vendor-compliance-risk-management
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What Can You Do to Ensure Your Supply Chain Stays Compliant?

Logility

Know your vendors and apply consistent policies and procedures. Compliance is an ongoing challenge for businesses today. True corporate responsibility involves more than just your products and internal operations; it’s incumbent upon you to ensure compliance across the supply chain. The Costs of Non-Compliance.

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Risk Management Can Be a Competitive Advantage, Part One

Enterra Insights

In the latest WEF Global Risks Report , the authors note, “Present and future risks can interact with each other to form a ‘polycrisis’ — a cluster of related global risks with compounding effects, such that the overall impact exceeds the sum of each part.” What are the Risks? It is those risks on which I will focus.

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Supply Chain Compliance is About to Get a Whole Lot Tougher

Logistics Viewpoints

Abigail Myers-Antiaye – the principal product compliance manager at Coupa. In January 2023, the Germany Supply Chain Due Diligence Act will come into effect, requiring businesses to monitor supply chains for human rights violations and compliance with environmental standards.

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Creating a Global Trade Compliance Program

QAD

Global enterprises still rely on spreadsheets and manual processes to manage their global trade and supply chain operations. Unfortunately, that leaves these companies vulnerable to compliance violations. If the data is sensitive and shared, such as by email or USB, the risks are even greater in the event of a security breach.

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Empower Better Sourcing Decisions with a Digital Supply Chain Platform  

Logility

Proactive decisions are required to mitigate risk. Reactive decisions can lead to the selection of non-compliant production vendors and questionable raw material suppliers in the chase to keep the revenue flowing. This is due to operational efficiencies and waste reduction, as well as mitigated risks. Key Takeaways.

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Let Your Vendors Self-Manage Corrective Action Plans for Better Outcomes

Logility

Letting your vendors own the process and self-manage their corrective action plans leads to more successful compliance. Compliance takes cooperation and collaboration across the entire supply chain. That’s why it is important to empower your vendors to develop and self-manage their corrective action plans when needed.

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Unlocking Logistics Profits with Matt McKinney

The Logistics of Logistics

Loop offers a suite of services that help businesses manage their supply chains more effectively, including: Supply chain audits: Loop conducts comprehensive audits to identify areas for improvement and ensure compliance with regulations. Enhanced collaboration: Loop promotes collaboration between businesses and their suppliers.