Our globalized society relies heavily on highspeed communication, made possible by the continuous innovation in the global electronic industry. Everyday electronics like smartphones, tablets and laptops, along with the rapidly growing market for Internet of Things (IoT) technology, require a vast amount... Read More
Blame it on Blue Planet II. Since the nature documentary series began airing in early 2018, the blight of ocean plastics has come into focus for those who have watched it. Sir David Attenborough has become the Jiminy Cricket for this generation—a story-teller, a sage advisor, and apparently, the... Read More
The World Day for Safety and Health at Work is a time to focus on issues that range from simple office practices (watch your posture) to slack attitudes or procedures that lead to devastating consequences on a massive scale. The International Labour Organization (ILO) established World Day for Safety... Read More
The Valentine’s Day pressure is on. What gift will you choose to express your love to your sweetheart? Chocolate, roses and jewelry usually top the list of options—and the National Retail Federation projects that spending for Valentine's Day will top $20 billion this year. Jewelry captures... Read More
One of the biggest potential time-savers for risk management professionals is technology. From initial risk assessment before on-boarding a new client to ongoing risk monitoring to surface threats more quickly, the power of artificial intelligence and advanced analytics show great promise. Tools... Read More
January 11 is National Human Trafficking Awareness Day. Established in 2007 by a Senate resolution, the day shines a spotlight on the issue of trafficking men, women and children for financial gain. Many associate trafficking with sexual exploitation, however among an estimated 16 million human trafficking... Read More
Several months ago, we highlighted news that Kroger was phasing out plastic grocery bags as part of its Corporate Social Responsibility (CSR) commitment . The national grocery chain is not alone. When it comes to addressing food supply chain risk, corporate social responsibility programs are helping... Read More
How long would it take a woman processing shrimp in a typical Indonesia or Thai facility to earn what a CEO of a major grocer takes home in one year’s salary? 4,000 years. It’s just one of the disturbing statistics shared by Oxfam’s #BehindTheBarcode campaign to raise awareness into... Read More
Without question, companies’ global supply chains and third-party networks increase their risk exposure. Yet, according to a recently-released benchmark report , approximately one-third of organizations lack a cohesive risk mitigation process —relying instead on a manual process or traditional... Read More
Twenty-five years ago, the United Nations General Assembly declared October 17th International Day for the Eradication of Poverty . In marking the anniversary, the UN has stated that … “all people must come together to end poverty and discrimination in order to build a sustainable future... Read More
Whether you’re cheering on your favorite team at a sporting event or enjoying some fun in the sun, it’s thirsty work. Unfortunately the combination of plant shut-downs in the UK and high demand has created a CO2 shortage that threatens to take the fizz out of summer. The potential for disruption... Read More
The makers of Jim Beam whisky have paid $8 million to settle allegations of bribing government officials to enter the Indian market. The settlement is a timely reminder of the continued threat of FCPA enforcement action , and the particular risks posed by third parties in the food and drink industry... Read More
For the latest installment of our Q&A series, we spoke with Simon Baptist of the Economist Intelligence Unit (EIU). More than 100 economists and experts at the EIU analyze political and economic risks for some of the world’s biggest companies. As Global Chief Economist and Managing Director... Read More
Written by Jeanette Jones founder of Cottrill Research Supply market intelligence (SMI) is increasingly becoming a key strategic component within procurement. The strategic use of intelligence is a way for professionals to approach the many challenges that are faced, whether from other departments... Read More
Brand reputation has never been more important in influencing consumer and stakeholder decisions. At the same time, brand image can alter extremely quickly thanks to the increasingly instant nature of the media and the profile of public opinion. Witness the impact of the negative media attention on Marks... Read More
In recent years, Mark Dunn, Segment Leader for Entity Due Diligence & Monitoring at LexisNexis, has organized virtual panels to probe for insights from supply chain gurus around the globe. This year was no exception, and Mark recently provided this recap of the panel members’ thoughts about... Read More
El Niño, the warmer-than-usual Pacific water temperatures that influence the weather worldwide, is shaping up to be one of the most powerful on record—and businesses should be taking note. You may have noticed that being prepared is a hot topic right now, thanks to FEMA’s National... Read More
In the sixth annual Supply Chain Resilience Survey conducted by the Business Continuity Institute (BCI) in 2014, more than three-quarters of the respondents reported experiencing supplier disruption at least once during the previous twelve months. Some might find that result surprising, but as business... Read More