FedEx Corp. today released its annual economic impact report, analysing the company’s worldwide network and role in building prosperity in local communities during its 2024 fiscal year (FY 2024).

Using more technology in business spending has led to breakthroughs in B2B payments.

Managing the tangled network of contractors and subcontractors with whom your business partners is a complex, time-consuming challenge.

By Philipp Pfister, Chief Customer Experience Officer at Transporeon (a Trimble company)

There’s no denying that the transport sector is a prominent cog across most global industries. As the saying goes, “There is no production without procurement logistics, and no trade without delivery traffic.”

By Kumar Abhishek,Pixelo Digital.

As retailers gear up for the annual Black Friday rush this month, Supply Chain Managers, Production Planners and Inventory Managers face unique challenges in preparing for one of the busiest shopping days of the year.

72% of FTSE 100 companies list threats to their supply chains amongst their principal risks, shows new research by supply chain management consultancy INVERTO, part of Boston Consulting Group.

A new report from the National Academies of Sciences, Engineering, and Medicine recommends ways to make supply chains -- the systems that provide populations with critical goods and services, such as food and water, gasoline, and pharmaceuticals and medical supplies – more resilient in the face of hurricanes and other disasters, drawing upon lessons learned from the 2017 hurricanes Harvey, Irma, and Maria.

During the COVID-19 pandemic, the U.S. has experienced shortages of masks, medical gowns, ventilators, and drugs, but demand surges and supply constraints for medical products predate the current public health crisis. A new report recommends measures to improve supply reliability for medical products, during both emergencies and normal times.

Call for collaboration comes as ofi launches sustainability commitments to improve transparency and tackle poor labor conditions in hazelnut communities.

Upsizing domestic capabilities through increased operational footprint in the State of Georgia.

3 Ways AI Is a Game Changer in Procurement Management

RobobAI helps businesses shift their spend to more ethical and sustainable suppliers

Amber Lewey brings expertise in supply chains to her consulting roles with Mano Consulting Group, Treat Consulting Group and AMB Services

Willy Shih, professor at Harvard Business School, says that the complex, global, and just-in-time manufacturing processes we've developed in recent decades are highly susceptible to breakdowns, especially during a global pandemic. He explains why the shortages we’ve seen in 2020 - in goods from toilet paper to appliances - are indicative of a bigger problem and talks through ways can businesses protect themselves and consumers in the future. Shih is the author of the HBR article "Global Supply Chains in a Post-Pandemic World."

The Berlin Conference is the first in a series of events planned as part of a two-year project by the Office of the Special Representative and Co-ordinator for Combating Trafficking in Human Beings supported by the current German and incoming Austrian OSCE Chairmanships, and Switzerland.

This high-level event is part of the OSCE’s ongoing effort to raise awareness about the problem of labour exploitation in supply chains and to advocate for increased actions at the government level across the OSCE region with the aim of adopting measures to prevent and combat this form of modern day slavery.

Today’s globalized economy is characterized by complex supply chains of goods and services, with both materials and labour sourced from all around the world. It is difficult for buyers and consumers to be sure that the goods or services that they purchase or procure were not produced by trafficked labour. It is also difficult for large or multi-national companies to verify their own supply chains when there may be multiple tiers of subcontractors. Sometimes a parent company might not be aware of whether its sub-contractors down the supply chain unknowingly use or resort to the use of forced labour, including child exploitation and human trafficking. Inefficiently regulated recruitment and poorly inspected worksites, behaviour and practices conducive to corruption, lack of understanding of labour and human rights standards, as well as insufficient enforcement, constitute additional challenges in this field.

In order to address the problem of human trafficking in global supply chains, the Office of the Special Representative and Co-ordinator for Combating Trafficking in Human Beings (OSR/CTHB) developed a project on Prevention of Trafficking in Human Beings in Supply Chains through Government Practices and Measures. The project aims to provide OSCE participating States with practical tools to enact concrete measures to prevent human trafficking in supply chains, as well as build their capacity to implement these measures. Project activities include capacity-building workshops and conferences, the publishing of Model guidelines on preventing trafficking in supply chains and developing a plan encouraging the adoption of the Model guidelines.

Greening ICT Supply Chains - Survey on Conflict Minerals Due Diligence Initiatives

According to the latest report ‘The automotive supply chain: Pursuing long-term resilience’ from the Capgemini Research Institute, automotive organisations now feel more confident to tackle future supply chain disruptions.

By Terry Onica, Director, Automotive, QAD.

The automotive industry is at a pivotal crossroads, driven by rapid advancements in vehicle technology and increasing regulatory pressure around sustainability.

By Philipp Pfister, Chief Customer Experience Officer at Transporeon (a Trimble company)

There’s no denying that the transport sector is a prominent cog across most global industries. As the saying goes, “There is no production without procurement logistics, and no trade without delivery traffic.”

By Dan Abramson, Senior Vice President and Head of Sales at FourKites.

In terms of high-value goods, it doesn’t get much more precious than the drugs and devices that support human health.

With Covid-19 vaccine delivery highlighting the need for resilience in pharma and biotech supply chains, Karl H. Lauri, managing team member at MRPeasy.com, explains that ERP/MRP gives smaller suppliers the backbone required to take part.

The current crisis in Europe has led to increasing energy insecurity and shortages of raw materials, which are creating severe pharmaceutical manufacturing supply line disruptions. In some cases, supplier lead times have doubled, prices are no longer certain, and orders are subject to cancellations or delays.  

During this exclusive webinar, moderator Jason Miller and agency leaders will explore how organizations are approaching supply chain risk management and the data strategy behind this management.

The post How to develop actionable information to protect federal supply chains first appeared on Federal News Network.

Location: Electronic Resource- 

72% of FTSE 100 companies list threats to their supply chains amongst their principal risks, shows new research by supply chain management consultancy INVERTO, part of Boston Consulting Group.

Chinese supply chains could tip the balance in Ukraine Expert comment NCapeling 29 March 2023

Disrupting supply chains of critical minerals to those supporting Ukraine could give China a key advantage in its wider international trade competition.

Direct military intervention from China into the war on Ukraine, with Chinese troops and airmen appearing at the front line, would be highly escalatory and highly unlikely.

Equipping Russia with weapons and equipment is much more likely – if indeed it hasn’t already happened – and considering the West is supplying armaments to Ukraine, a joust with western technologies would be an interesting development to follow.

But if Chinese weapons underperform in the heat of battle, this may have implications for the current situation with Taiwan and the US, as a poor outcome on the Ukraine front could give the West more confidence over the tensions in the South China Sea. And the use of Chinese weapons in Ukraine would also be a feast for Western technical intelligence to capture.

Creating economic disruption

A much more likely development for China is to put in place export controls on critical minerals for Western powers supplying arms to Ukraine. This is a significant lever which China has used before during its fishing dispute with Japan in 2010 when hi-tech industrial production in Japan was affected by shortages of China-sourced critical minerals. Once normal supplies were resumed, Japan started to stockpile critical mineral reserves.

In October 2020, the Chinese Communist Party (CCP) passed a new statute enabling – when necessary – restriction of critical mineral supplies to third party nations intending to use them for defence and security applications, adding a ‘versatile weapon to Beijing’s arsenal’ in its trade competition with the US.

That legal control has been applied to Lockheed Martin production of Taiwan-bound F-35s and it applies not only to critical minerals mined on the Chinese mainland, but also to Chinese-controlled enterprises within international supply chains, of which there are many.

Responding to any such restrictions by opening up new mines and setting up new supply chains can take more than a decade, so the countries involved may need to start stockpiling critical materials as Japan has been doing since 2010.

Commodity markets also need to be ready for some interesting price wobbles – a persistent problem in critical minerals extractives investment as is overcoming environmental, social, and governance (ESG) challenges in this new game of global supplies.

In addition, those markets include the London Metal Exchange, now owned by Hong Kong Exchanges & Clearing whose biggest shareholder is the Hong Kong government which is struggling to operate with complete independence from Beijing.

Splitting the West’s consensus

By extending the thinking on China’s potential to throttle global critical mineral supply chains and the ensuing latency of extraction from new mining resources, progress to the Paris Agreement 2050 goals on climate change will inevitably be affected.

Given there are no supply chain assurance mechanisms, such as distributed ledger technologies, in place within global mining supply chains, a key issue to overcome would be how the West assures China that critical mineral supplies are not destined for military applications.

But if China’s default position becomes a total refusal to supply client nations unless end-to-end assurances can be achieved to prove non-military use, the West’s aspirations regarding the Paris 2050 goals will certainly be put in jeopardy, or even made unachievable.

Implications of post-COVID-19 Restructuring of Supply Chains for Global Investment Governance 14 July 2020 — 9:00AM TO 10:30AM Anonymous (not verified) 9 February 2021 Online

As companies rethink and diversify their supply chains in order to enhance resilience, what will this mean for current and future global investment governance?

What are the risks of negative effects on inclusivity and transparency? Does this shift create an opportunity to advance good governance of cross-border investment practices?

This event is part of the Inclusive Governance Initiative, which is examining how to build more inclusive models and mechanisms of global governance fit for purpose in today’s world.

Africa Aware: Supply chains, land contestation, conflict Audio NCapeling 30 March 2023

This episode examines relations between Ethiopia and Sudan as part of an XCEPT project mini-series.

The war in northern Ethiopia since November 2020, and subsequent conquest of disputed farmlands in Al-Fashaga by the Sudanese army on the Ethiopia-Sudan border, has brought into focus the importance of agricultural commodities such as sesame as a potential driver of land contestation and conflict. 

The panel discusses the interrelation of commodity and conflict supply chains, land contestation, and boundary disputes in the Horn of Africa, with a particular focus on the regions of Wolkait/Western Tigray in northwest Ethiopia and Al Fashaga in eastern Sudan.

This podcast was produced with support from the Cross-Border Conflict Evidence, Policy and Trends (XCEPT) project, funded by UK Aid from the UK government.

The Covid pandemic has strained global supply chains, causing freight backlogs that have driven up costs. Now, some companies are looking for longer-term solutions to prepare for future supply-chain crises, even if those strategies come at a high cost. Photo Illustration: Jacob Reynolds

How H&M, Zara and Marks & Spencer are buying viscose from highly polluting factories in Asia. By Natasha Hurley.

National Bureau of Economic Research

National Bureau of Economic Research

Gurgaon-based startup OnlyGood FutureTech helps companies measure emissions generated by supply partners

Proposed U.S. rules on Chinese connected car tech and Israel’s pager attacks indicate the changing focus of global supply chains — from resilience to security

Participants in this multi-stakeholder meeting launched the Gold Implementation programme and advanced implementation of due diligence in the 3Ts supply chain to ensure that companies avoid contributing to conflict through their mineral or metal purchasing decisions and practices.

Participants in this multi-stakeholder meeting reviewed and discussed the implementation of the OECD Due Diligence Guidance and in the 3Ts supply chain to ensure that companies avoid contributing to conflict through their mineral or metal purchasing decisions and practices.

This meeting provided the opportunity to review and discuss implementation of the OECD Due Diligence Guidance and the ICGLR Regional Certification Mechanism. Issues pertinent to the tin, tantalum and tungsten (3Ts) and gold supply chains were addressed during the three-day forum.

Participants at the forum adopted a communiqué calling for companies to confront challenges they encounter openly and transparently by publicly reporting on due diligence in accordance with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas

This meeting provided the opportunity to review and discuss implementation of the OECD Due Diligence Guidance, the ICGLR Regional Certification Mechanism, and other initiatives to enable responsible mineral supply chains. Issues pertinent to the tin, tantalum and tungsten (3Ts) and gold supply chains were also addressed during the Forum.

The German Federal Institute for Geosciences and Natural Resources (BGR), supported by the OECD, has initiated a study to assess the contribution of small and medium-scale enterprises (SMEs) to due diligence for responsible mineral supply chains. To gather information for this study, SMEs were invited to take part on a confidential survey of due diligence activities by SMEs.

This public consultation was held to gather comments on the draft FAO-OECD guidance for responsible agricultural supply chains which is designed to help enterprises observe standards of responsible business conduct along their agricultural supply chains. The deadline for comment was 20 February 2015.

This public consultation is being held to gather comments on the draft Chinese Due Diligence Guidelines for Responsible Mineral Supply Chains. They are intended to align Chinese company due diligence with international standards and allow for mutual recognition with existing international initiatives and legislations.

This meeting will provide the opportunity to discuss the role of governments, international partners and businesses in promoting responsible mineral supply chains from conflict-affected and high-risk areas. Participants will learn first hand about international standards and approaches, and be able to ask questions to experts in supply chain due diligence implementation.

11 March, Paris, France: This high-level launch event included a panel discussion that addressed the potential impacts of companies operating in agricultural supply chains on human, labour and tenure rights.