Tag: supply chain risk
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EUDR Compliance: How Accurate Data Can Make or Break Your Supply Chain
The European Union Deforestation Regulation (EUDR) poses challenges and opportunities for businesses. Compliance demands detailed knowledge of supply chains, and accurate data is crucial. Satellite imagery and machine learning offer high-precision monitoring to verify compliance and enhance supply chain resilience. Integrating sustainability into core business operations is crucial for strategic positioning and long-term benefits.
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Can blockchain and the Internet of Things mitigate supply chain reputation risk?
Supply chains are complex, unwieldy beasts, which are notoriously hard to tame, but a solution could be in the offing, using Blockchain, and Internet of Things technologies. “Mommy, I want to be a supply chain manager when I grow up”, said no-one. Ever. Supply chain management has to be one of the most difficult, thankless…
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Lack of emissions reporting from (some) cloud providers is a supply chain risk
We at GreenMonk spoke to Robert Francisco, President North America of FirstCarbon Solutions, last week. FirstCarbon solutions is an environmental sustainability company and the exclusive scoring partner of CDP‘s (formerly the Carbon Disclosure Project), supply chain program. Robert pointed out on the call that there is a seed change happening and that interest in disclosure…
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Cloud computing meets supply chain transparency and risk
Supply chains? Yawn, right? While supply chains may seem boring, they are of vital importance to organisations, and their proper management can make, or break companies. Some recent examples of where poorly managed supply chains caused at best, serious reputational damage for companies include the Apple Computers child labour and workers suicide debacle; the Tesco…