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General SCM: Page 1106
Two-Thirds of Firms Have Supply Chain Visibility
Supply chain disruptions have cost one in three organizations more than €1m ($1.06m) in the last year, according to a report. "The Supply Chain Resilience Report," published by the Business Continuity Institute and supported by Zurich Insurance Group, said the overall number of organizations experiencing supply chain disruptions fell from 74 to 70 percent.
Retail: Transportation, Tech & Other Trends
KnowTheChain Ranks Supply Chains That Are Fighting Forced Labor
KnowTheChain has launched a ranking of 20 large apparel and footwear companies on their efforts to eradicate forced labor and human trafficking from their supply chains, finding that only a small group of companies seriously addresses exploitation. Most companies have systems in place to monitor and react to forced labor and human trafficking, but few companies address systemic causes, the human rights group says.
Brands and Shippers Sign Agreement to Join Forces Against Counterfeiters
Shippers and brand owners have joined forces to sign a declaration aimed at preventing the transport of counterfeit goods. The declaration acknowledges the "destructive impact" of counterfeits on international trade and calls on the maritime industry to address it through zero tolerance, strict supply chain controls and other due diligence checks
U.S. Suffers Reputation Drop but Remains No. 1 'Nation Brand,' Study Says
Results from the latest Anholt-GfK Nations Brand Index (NBI) study show that the United States experienced a significant reputation decline compared to 2015 - but still held on to the top ranking.
The Growing Pressure on Supply Chains to Eradicate Slavery and Human Trafficking
Laws and regulations to eliminate human-rights violations in global supply chains are multiplying. But companies shouldn't consider their current lack of "teeth" as a license to ignore them.
Firms Pledge to Have 50 Percent Women in Top Roles by 2030
The heads of Bank of America Corp., American Electric Power Co., Coca-Cola Co. and 24 more large global companies have pledged to boost the number of women in their top ranks to parity with men by 2030.
Deforestation Holds $906Bn Supply Chain Risk
The value of global products and services that depend on commodities linked to deforestation has been calculated at $906bn. In a report the Carbon Disclosure Project (CDP) said this revenue was at risk because the commodities in question - timber, palm oil, soy and cattle - are not sustainable when they lead to deforestation.
A Conversation With 'Wall Street's Greatest Enemy'
Whistleblowers play an essential role in uncovering corporate and government fraud. But they often pay a heavy price for their actions.
Mobile Phone Masts Support Vaccine Supply Chain
Innovative partnerships between private sector companies, voluntary organisations and governments can help solve global challenges and provide access to healthcare and food, according to a report by SCM World and the Bill and Melinda Gates Foundation.
Carbon Trust Launches New Waste Management Standards
Companies are increasingly realizing the environmental and economic benefits of effective waste management - fewer methane emissions from landfills, reduced waste hauling costs and new revenue streams from reuse and recycling among them. Several new tools aim to help companies and other organizations achieve these goals and receive recognition for their work.
GE Aviation, Lufthansa Technik Starting MRO Venture
GE Aviation and Lufthansa Technik AG have chosen a site in southwestern Poland for their joint-venture maintenance, repair, and overhaul (MRO) center, to service GEnx-2B and GE9X engines. The reported $267m development, to be in operation by September 2018, will be known as XEOS, and will employ 500 at full capability.
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