Apparently, there's a growing worry among many businesses located outside the U.S. in Europe, the Middle East, and Africa regarding the "ethics" of their supply chain partners.
Tradeshift, provider of a supplier-collaboration platform, has entered into a global partnership with C2FO, a market for the acquisition of working capital.
Walmart has committed to investing $250bn in products that will support and create American jobs by 2023. Based on data from Boston Consulting Group, it is estimated that one million new U.S. jobs will be created through this initiative. Responding to feedback from its vendors that finding U.S. sources of supply was a challenge, Walmart plans to use ThomasNet's platform for product sourcing and supplier discovery.
Walmart has begun asking most of its suppliers for fees to cover the costs of carrying inventory and use of its warehouses and distribution centers, in an effort to cover those costs and apply the fees more uniformly.
It's been about a year since the Securities and Exchange Commission began imposing its rule on the disclosure of conflict materials from the Democratic Republic of Congo in manufactured products. Are companies up to speed?
