Financial shocks almost seem like business-as-usual for any company operating internationally in 2024-25. Recent shocks like sharply rising inflation, sudden economic sanctions, and military crises each have the potential to disrupt supply chains and...
Recent years have shed light on the criticality (and fragility) of the global supply chain , due to the pandemic, geopolitical tensions, and economic repercussions of inflation, to name a few. Maintaining smooth supply chain operations is more complex...
Manufacturing involves massive amounts of complex data across supply chains, equipment sensors, product specs, and daily operations. Generative AI is proving to be a game-changer for extracting value from this data to optimize production. For manufacturers...
February 2024 marked two years since the latest conflict in Ukraine began. As well as its tragic impact on so many lives, the war has also brought new third-party risks which companies need manage–or face supply chain interruptions or even enforcement...
Recent years have been characterized by supply chain disruption–from Covid-19 to the Suez blockage to the invasion of Ukraine. Moreover, companies who fail to identify and manage illegal or unethical activity in their supply chain face increasing...
While global supply chain risk is certainly not new, our need and ability to identify and assess it quickly affects every facet of our businesses. From the ESG expectations of consumers and the increasing global regulations to company board and c-suite...
Trust may not appear in a company’s financial accounts, but trust has been called “the most powerful currency in business.” Customers, investors, employees and suppliers all want to work with companies that they consider to be trustworthy...
Companies operating in today’s global business environment must navigate ever-strengthening anti-bribery and corruption regulations. Some of the most significant recent enforcement actions against companies arose from alleged due diligence failures...
The Federal Corruptions Policy Act was established to address and end corruption and bribery in US business dealings with foreign officials. The FCPA seeks to keep legitimate businesses from losing contracts to companies engaged in corruption and bribery...
For decades, consumers have steadily increased their prioritization of buying goods from companies that value human rights and environmental sustainability—this includes every step of the supply chain. Ethically sourced food involves a wide range...
Consumer attitudes have shifted dramatically since the onset of the pandemic, bringing a striking increase in their desire for transparency in supply chain ethics. From the consumer level to the statutory level, there is a greater focus on ensuring these...
Over the past few months, companies from a wide range of jurisdictions and industries had to pay hundreds of millions of dollars in fines for alleged failures of compliance and due diligence. In this blog, we dive deeper into some of these enforcement...
Germany’s Supply Chain Due Diligence Act has been effective since 1 st January 2023. The new law requires large companies operating in Germany to carry out human rights and environmental due diligence on their business and its suppliers. Now, many...
Environmental, social and governance (ESG) performance plays a critical role in how consumers, employees and investors are making business decisions. In fact, When Edelman released its 22 nd annual Trust Barometer this year, they found that 60% of employees...
Which financial institutions are most likely to thrive and lead in the future? The smart money says it will be the ones that swiftly, successfully adopt and master new technologies. One perfect place this theory is playing out: the increasingly complex...