Supply Chain


Supply chain shipping

Five strategies for reducing tariff costs in the global supply chain

2021-10-27T20:38:00+01:00By

Recent events beyond the pandemic have global supply chains responding to a whole new compliance regulatory landscape. A panel of experts at a recent industry event explain where to look for potential cost savings.

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Compliance Week National Conference is going back in person in May

2021-10-25T12:00:00+01:00By

Mark your calendars: Compliance Week’s National Conference in Washington, D.C. will be held in person for the first time in nearly three years from May 16-18, 2022.

Hand SOS

SOS hand signal created for victims of modern slavery

2021-10-18T19:26:00+01:00By

U.K.-based philanthropic organization Stronger Together has created a new hand signal to empower victims of modern slavery to get help. Though developed for the construction sector, the signal can be adopted across any industry as a best practice.

Bribery

Report: China, U.S. most confident in combating corruption risks

2021-09-20T16:43:00+01:00By

Risk leaders at companies in China and the United States expressed the highest level of confidence in their approach to mitigating bribery and corruption risk, according to a new global benchmark report from Kroll.

Osprey

How ContourGlobal, Osprey have established effective ESG programs

2021-09-16T19:54:00+01:00By

Crafting an effective environmental, social, and governance program is not an easy feat. At CW’s “Everything ESG” virtual event, compliance/sustainability leaders from ContourGlobal and Osprey shared how they are successfully working to meet their goals.

Vanessa Benavides index

Q&A: How Kaiser Permanente has handled change brought by COVID-19

2021-08-06T14:24:00+01:00By

Vanessa Benavides, chief compliance and privacy officer and senior VP at Kaiser Permanente, shares how the company adjusted its policies and procedures because of COVID-19 and the lessons she learned along the way.

Human trafficking

Report: Human trafficking undeterred by COVID-19

2021-08-05T15:56:00+01:00By Jon Prentice, International Compliance Association

While many aspects of life over the last year have stagnated because of the pandemic, human trafficking has not slowed down. A new report from the U.S. Department of State explores the latest trends.

Ransomware

TPRM 2021: What to do before, during, and after a ransomware attack

2021-07-07T14:21:00+01:00By

Two risk and compliance practitioners opened their cyber-playbooks at CW’s TPRM virtual event, explaining how to identify and address vulnerabilities, establish transparency with vendors, and strengthen an organization’s incident management program.

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Assessing yet another ransomware attack on critical supplier (JBS)

2021-06-02T18:50:00+01:00By

Meatpacker JBS USA has become the latest critical infrastructure company to be targeted by a ransomware attack, which temporarily halted its global operations. The attack brings with it implications for the food and agriculture industries.

Cloud supply chain

New NIST revisions expand scope of cyber supply chain risk management guidance

2021-05-20T18:04:00+01:00By

The National Institute of Standards and Technology is seeking comment on a revised version of its cyber supply chain risk management guidance that is intended for a broader audience of public and private companies.

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CPE Webcast: TPCRM best practices that reduce supply chain risk

2021-05-20T14:00:00+01:00Provided by

Organizations are adopting digital transformation and, as a result, increasing their reliance on third parties faster than they can scale their third-party cyber-risk management programs.

German parliament

German supply chain draft legislation expected to have far-reaching effect

2021-05-18T17:26:00+01:00By

Companies of a certain size with ties to Germany must soon establish robust due diligence procedures to prevent human rights and environmental abuses both within the course of their own business activities and within their global supply chains.

Justin Ross, CCO

Guiding FedEx through pandemic, Justin Ross named CCO of the Year

2021-05-11T16:00:00+01:00By

Companies across the globe faced a true test of competency this past year. FedEx passed the challenge with flying colors under the oversight of Justin Ross, CW’s CCO of the Year at the 2021 Excellence in Compliance Awards.

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CPE Webcast: Responsible sourcing: Mitigate ESG risks in your supply chain

2021-04-28T11:00:00+01:00Provided by

As customer expectations for transparency and ethical approach to business soar, companies that aren’t addressing the environmental, social and governance (ESG) impact of their organizations will get left behind. And that applies to who they work with too.

Suez Canal block

Bracing for impact: Supply chain risk management post-Suez Canal blockage

2021-04-27T15:25:00+01:00By

A month has gone by since a 1,300-foot cargo ship ran aground and blocked one of the busiest waterways in the world. For many industries, the ripple effects will continue to batter global supply chains for weeks to come, absent having in place a sound supply chain risk management program.

USTR

USTR threatens tariffs on 6 trade partners in response to digital taxes

2021-04-14T16:08:00+01:00By

The United States Trade Representative is seeking public comment on the potential implementation of tariffs of up to 25 percent on a long list of goods by six U.S. trading partners, including the United Kingdom.

Suez Canal

Suez Canal blockage serves as reminder for key supply chain risk lessons

2021-03-29T18:55:00+01:00By

The grounding of the Ever Given is the latest unexpected incident to cause severe supply chain disruptions around the world. The lessons learned from others, such as the coronavirus pandemic, are just as relevant, writes Aaron Nicodemus.

Northern Ireland

Northern Ireland turns up heat on modern slavery transparency

2021-02-19T20:18:00+00:00By

Northern Ireland Justice Minister Naomi Long has launched two consultation documents on measures to eradicate modern slavery from the supply chains of public- and commercial-sector organizations.

SolarWinds

SolarWinds hack turning into Pandora’s box of cyber-risk

2021-02-02T20:47:00+00:00By

The more we learn about the SolarWinds hack, the more troubled compliance officers should be by the scope and breadth of the risks their companies might have incurred.

Cloud supply chain

Learning from SolarWinds: Five steps to fortify your cloud supply chain

2020-12-30T20:24:00+00:00By

For most companies, supply chain risk management traditionally focuses on managing physical third-party risks. But what the SolarWinds cyber-attack revealed is the catastrophic havoc fourth and fifth parties can also wreak in the often-ignored cloud supply chain.

Coronavirus fails

Assessing 2020: Lessons learned for the financial crime landscape

2020-12-29T21:49:00+00:00By James Thomas, International Compliance Association

This year has been one most of us would like to forget. As we look toward 2021, nevertheless, it is worth considering lessons learned over the last 12 months and (where possible) drawing on any positives that have come to light regarding the financial crime landscape.

Walmart

Compliance called out in Walmart opioid lawsuit

2020-12-23T19:25:00+00:00By

The Department of Justice alleged many failures by Walmart’s compliance program in its 160-page lawsuit accusing the retailer of playing an active role in fueling the opioid epidemic.