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Think Tank
SC Security & Risk Mgmt: Page 359
Tianjin Port Explosion May Rank as Worst Marine Insurance Disaster
Claims related to the massive explosion at the port of Tianjin, China, may grow to as much as $6bn, says the International Union of Marine Insurance (IUMI). More than half of the claims reportedly fall within marine insurance or reinsurance lines - potentially making it the largest single marine disaster (by claim value) in history, surpassing Hurricane Sandy.
The Emerging Compliance 'Hot Topic' for 2016: Regulations Regarding Trafficked, Coerced Labor
In many businesses, supply chain management historically has fallen outside the core of the company's compliance function. But that was then. A renewed push this year by state, federal and international regulators – not to mention consumer advocacy groups, NGOs and foreign legislatures – to conscript the business community into the fight against human trafficking and the use of child, indentured, forced and other forms of coerced labor has brought supply chain management to the front and center of the corporate compliance world.
Responsible Supply Chains: Are We Willing to Pay the Price?
Are consumers really willing to pay more for a product that's environmentally sustainable and socially responsible? Depends on whom you ask.
Feds Enlarge Investigation of Chipotle's Tainted Food Crisis
Chipotle Mexican Grill revealed on Tuesday that federal prosecutors had expanded their inquiry into the company's multi-state outbreaks of food-borne illnesses, further threatening sales that declined steeply by the end of last year.
Many Suppliers to Top Companies Acknowledge Risk of Climate Shock, But Fail to Prepare for It
Goldman Sachs Group Inc., Coca-Cola Co. and 73 other companies that together buy more than $2tr of goods and services are unprepared for climate shocks because suppliers are ignoring requests for data on their exposure to rising temperatures and climate regulation.
Two Reports Analyze Slavery, Corruption in Today's Supply Chains
Two new reports released this week call attention to the dangers of bribery and corruption in global supply chains and their links to modern day slavery. Modern Slavery and Corruption and An Exploratory Study on the Role of Corruption in International Labour Migration provide a snapshot of the extent and global spread of corrupt practices, the ways in which they interact with myriad forms of exploitation and the impact of legislation put in place to curb both.
Nexteer Automotive Enhances China Trade Management Capability
Nexteer Automotive, a multibillion-dollar global manufacturer of advanced steering and driveline products, has expanded its ability to meet China's trade regulations with Amber Road's China Trade Management solution.
SAP's Global Trade Services App Is Certified by Customs
The SAP Global Trade Services (GTS) application of SAP SE is now certified with U.S. Customs and Border Protection's Automated Commercial Environment (ACE) for Entry Summaries.
IDV Solutions Launches Alert Tool for Visual Command Center
IDV Solutions LLC has launched an extension with the Sigma Group's ActivistMap.com that will help command centers to act more quickly in the event of political violence or acts of terrorism that threaten employees, the supply chain or operations.
Unprepared Supply Chains Are 'Driving Blindfold' Toward Disaster
What's the biggest risk to global supply chains today? Natural disasters? Terrorism? Supplier failure? Port strikes? How about ignorance?
How Hacking Insulin Pump Demonstrates Security Danger of Internet of Things
Back in 2011, security researcher Jay Radcliffe hacked into his own insulin pump, demonstrating how a remote user could potentially deliver a fatal dose of insulin to an unsuspecting diabetic. It was a dramatic way to show the medical device industry how insecurity of devices could lead to life-threatening situations.
Slowly, Supply Chain Comes to the C-Suite
Are supply-chain managers finally getting the respect they deserve?
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