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Think Tank
Regulation & Compliance: Page 436
Losses Mount as Returns Fraud Stings Online Merchants, Report Says
The National Retail Federation estimates that nearly $9bn was lost by merchants in returns fraud in 2012. And according to a report from ThreatMetrix, online fraud resulted in about $3.5bn in lost revenue in North America last year.
Meat Recalled in Britain as Traces of Veterinary Drug Found
A British supermarket chain has recalled a beef product after traces of the powerful veterinary drug phenylbutazone, which is banned from the human food chain, were found for the first time in an item that had been on sale in stores here.
An Insider's View of Panama's Colon Free Trade Zone
High Efficiency Yard Management Solutions Save Time and Money
The Urge to Merge Domestic and International Transportation Ops
Trust Elements in the Global Supply Chain
Conceptually, supply chain "risk" is used to denote perils, loss, dangerous occurrences, hazards, and even vulnerabilities. Risks include everything from management functions to fraud, to fundamental honesty and loyalty issues encompassing every aspect of an organization's status and operations. In addition to the firm's built-in management risks, the international supply chain provides additional third-party risk elements such as foreign shipper practices, carrier practices, weather, foreign government involvement, unforeseen disruptions in the process, timing, language, cargo quality and quantity, even payment issues.
New Challenges and Opportunities for Global Trade
The growth of global trade, internalisation and externalisation of borders, and increased security threats to international supply chains are putting pressure on Customs organizations around the world.
Solving the Maze of Mergers & Acquisitions in China
It used to be that the only way for multinational corporations (MNCs) to enter China was through a joint venture with a local Chinese partner"”typically a government-appointed, hopelessly backward state-owned enterprise. Foreign ownership was capped at 50 percent, and MNCs faced numerous hurdles, such as local supplier requirements and mandatory technology transfer agreements.
Despite Talks of U.S. Manufacturing Resurgence, China's Output Continues to Soar
To put China's sustained growth into perspective, when it surpassed the United States in 2010 to become the world's largest manufacturer, its output accounted for 23 percent of global manufacturing. Fast forward two years and China has gained an additional 10 percent of total manufacturing share, with $2.9 tr of the total $8.8tr global manufacturing output, putting their total value at 20 percent more than the US.
Safe Solutions for Pharmaceutical Supply Chains
Three times in the past year, including just last month, the Food and Drug Administration has issued warnings that counterfeit cancer drugs originating overseas infiltrated the U.S. pharmaceutical supply chain, putting patients at risk.
Supply Chain Challenges from Apparel Software Trends
Social and environmental compliance are the main issues facing today's apparel supply chains, according to industry experts consulted by just-style. The continued shift towards faster and faster fashion cycles, along with pressure on retailers to adapt to an omni-channel experience, is also throwing up challenges when it comes to flexibility in global sourcing.
The New Mission of the Sustainable Supply Chain Foundation
Richard Bank and Lisa Harrington, directors of the Sustainable Supply Chain Foundation, bring us up to date on the group's efforts to introduce third-party verification of companies' sustainability programs.
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