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SC Security & Risk Mgmt: Page 341

Canada, U.S. Auto Industries Co-Ordinating on Trump Response

Automakers and parts manufacturers on both sides of the Canada-U.S. border are meeting state and provincial governments to co-ordinate a response to President Donald Trump as he pushes far-reaching changes to a trade deal that's crucial to the industry, the head of Canada's biggest autoparts maker said.

American Apparel's Rapid Growth Strategy May Have Contributed to Its Collapse

American Apparel opened its first stores in 2003, with locations in Echo Park, New York and Montreal. Within three years, it had mushroomed into a global chain with more than 140 locations in 11 countries. By 2009, that figure had doubled to 281 stores.

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Nike and Ford Caught in Crossfire of Trump's Trade Overhaul

Sneaker producers, automakers and retail giants are facing tumult in their international operations as President Donald Trump pushes ahead with a dramatic overhaul of U.S. trade policy.

More Piracy Near Philippines Forces Ships To Change Routes

A surge in piracy to the west of the Philippines is forcing shipowners to divert vessels through other waters, increasing costs and extending the time it takes to transport goods such as Australian iron ore to key Asian destinations, according to Reuters.

With Push For U.S. Manufacturing, 'Made in America' Loses Its Luster In Fashion World

Buyers from all over the world flock to Gitman Bros. to get a piece of timeless American style: oxford shirts, plaids and rep ties often cut slightly slimmer to appeal to the trendy and urbane.

Report: Supply Chain Audits Work For Corporations, But Not Planet

A new report argues that supply chain audits are ineffective at improving compliance and act merely to embed an unhealthy status quo in multinational offshore sourcing.

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Drewry: Yang Ming Is Most 'Debt-Burdened' Container Line

Drewry Financial Research said last week that after the collapse of Hanjin Shipping last fall, Taiwanese carrier Yang Ming has taken pole position as the most debt-burdened container line in the industry.

Supply Chain Readiness In A Time Of Uncertainty

When I first moved to California in 1990, I was told by Stanford's campus housing people to keep an earthquake emergency box on hand at all times. Its contents included a radio, flashlights, warm clothes, medical supplies and a few other items. Later in Boston, I stuck with the idea, but added stuff suited to hurricanes, blizzards and extreme cold. After Sept. 11, the kit got still bigger - food, water, fuel, camping supplies, even weapons. It became known as the Anarchy Closet.

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Davos CEOs: 'Go Local' On Supply Chain In Trump Era

Business leaders in Davos, Switzerland, traditionally the high priests of globalization, are talking up the benefits of local production to shield themselves from criticism from incoming U.S. President Donald Trump.

Feds: McKesson Agrees To Pay $150M In Pill Shipment Case

A major California-based drug wholesaler has agreed to pay $150m to settle allegations that it failed to detect and report pharmacies' suspicious orders of prescription pain pills, federal prosecutors said last week.

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Water-Related Supply Chain Risk More Than Quadrupled Last Year

Companies need to step up their efforts in one supply chain risk area - the threats posed by water scarcity, according to Alexis Bateman in the MIT Sloan Management Review.

H&M Sales Fall Behind Inditex Due To Poor Weather, Slower Supply Chain Reaction

Budget fashion retailer H&M reported this week a 6 percent year-on-year increase in local currency sales in December, the slowest pace since September and lagging expectations.

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