Supply chain risk management - Articles - Page 5

Dig In: Restaurants to See Cost of Beef Decrease as Much as 17 Percent

February 24, 2016

Reversing years of steadily increasing prices, the cost of beef is expected to decrease between 10 percent and 17 percent across all primal cuts in 2016 in what amounts to "the biggest story of the year" for chain restaurant operators, said DeWayne Dove, vice president of risk management for supply chain management firm SpenDifference.

Fifth of Large Food Manufacturers Surveyed Know Little or Nothing About Their Suppliers

February 18, 2016

Achilles

Food manufacturers across the globe have admitted failing to put in place basic safeguards to protect vulnerable workers in their supply chains - almost one year on from laws to stop slavery, child labor and unethical working practices.

Database Created on Toxicity of 10,000 Chemicals Used in Europe

February 18, 2016

Chemicals-Technology

Researchers at Johns Hopkins Bloomberg School of Public Health have created a safety database on 10,000 chemicals registered in Europe for predicting the toxicity of many of the 90,000 or more other substances in consumer products.

Zurich Unveils Mobile App for Rapid Response to HazMat Spills

February 16, 2016

Zurich Insurance Co. Ltd.

Zurich Insurance Co. Ltd. has launched the Zurich Environmental Emergency Response (ZEER) mobile app.

Tianjin Port Explosion May Rank as Worst Marine Insurance Disaster

February 9, 2016

Maritime Executive

Claims related to the massive explosion at the port of Tianjin, China, may grow to as much as $6bn, says the International Union of Marine Insurance (IUMI). More than half of the claims reportedly fall within marine insurance or reinsurance lines - potentially making it the largest single marine disaster (by claim value) in history, surpassing Hurricane Sandy.

Responsible Supply Chains: Are We Willing to Pay the Price?

February 8, 2016

Robert J. Bowman, Managing Editor, SupplyChainBrain

Are consumers really willing to pay more for a product that's environmentally sustainable and socially responsible? Depends on whom you ask.

Feds Enlarge Investigation of Chipotle's Tainted Food Crisis

February 4, 2016

New York Times

Chipotle Mexican Grill revealed on Tuesday that federal prosecutors had expanded their inquiry into the company's multi-state outbreaks of food-borne illnesses, further threatening sales that declined steeply by the end of last year.

Many Suppliers to Top Companies Acknowledge Risk of Climate Shock, But Fail to Prepare for It

February 3, 2016

Bloomberg

Goldman Sachs Group Inc., Coca-Cola Co. and 73 other companies that together buy more than $2tr of goods and services are unprepared for climate shocks because suppliers are ignoring requests for data on their exposure to rising temperatures and climate regulation.

Two Reports Analyze Slavery, Corruption in Today's Supply Chains

January 28, 2016

Maritime Executive

Two new reports released this week call attention to the dangers of bribery and corruption in global supply chains and their links to modern day slavery. Modern Slavery and Corruption and An Exploratory Study on the Role of Corruption in International Labour Migration provide a snapshot of the extent and global spread of corrupt practices, the ways in which they interact with myriad forms of exploitation and the impact of legislation put in place to curb both.

Nexteer Automotive Enhances China Trade Management Capability

January 27, 2016

Amber Road

Nexteer Automotive, a multibillion-dollar global manufacturer of advanced steering and driveline products, has expanded its ability to meet China's trade regulations with Amber Road's China Trade Management solution.