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Think Tank
Sourcing/Procurement/SRM: Page 56
FTC Fines Williams-Sonoma for Deceptive 'Made in USA' Products
The FTC discovered that Williams-Sonoma mattress pads listed as "crafted in America from domestic and imported materials" were actually fully imported from China.
Introducing the Craft Supplier Risk Management Platform
Craft is launching a user-friendly, configurable supplier risk management (SRM) platform designed for team collaboration and proactive risk mitigation.
Protecting Against an Impending Supply Chain Breach of Contract
Sometimes a breach of contract by a supplier is completely unexpected, but other times you might see it coming weeks or months in advance, and be left wondering about your options.
Driving Strategic Value: Building a More Resilient and Sustainable Supply Chain
Sustainability is a growing priority as investor and consumer pressure mounts, and governments around the world enact regulations that require organizations to report on emissions and climate-related risks.
Preventing Forced Labor in Supply Chains Is Crucial to Resilience and Sustainable Growth
The largest multinational companies across multiple sectors are demonstrating a lack of real progress in addressing forced labor in supply chains.
Revolutionizing Sustainability: The Technological Evolution in Manufacturing
The manufacturing industry is in the midst of a digital revolution, with AI taking the spotlight and being deployed on a broader scale, allowing companies to elevate their sustainability efforts.
Caveat Emptor: Procurement Continues to Ignore Sustainability at its Own Risk
A December 2023 study reveals that 40% of procurement leaders have yet to integrate sustainability into their decision-making processes, and 37% remain unaware of pertinent legislation.
Three Steps to Securing Microchip Supply in a Chaotic Global Market
By practicing foresight and preparing for the inevitable hiccup, manufacturers can go a long way toward ensuring that a shortage of microchips doesn't cause their facilities to lay dormant.
Four Ways to Reduce Your Scope 3 Emissions From Within
While the effort may be more challenging than Scope 1 and 2 reporting, there are many things a company can do to reduce Scope 3 carbon emissions.
Scope 3 Emissions Reporting: Under the Spotlight for All Businesses
Emissions reduction isn't only a business imperative — it's an environmental necessity. Scope 3 reporting motivates the business world to generate impactful change.
How AI Transforms Trade Classification and Compliance
The trading world is a perfect candidate for artificial intelligence-based tools and capabilities, to enhance the quality and productivity of classification and compliance.
How Procurement Innovation Creates Value in Financial Services
Once regarded as a back-office process, procurement is finally getting the respect it deserves, recognized for its contribution to the organization's long-term, strategic agenda.
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