The EUDR is a big challenge for supply chain managers. Here’s how to tackle it.

Globally, it's estimated that $161 billion worth of clothing and textiles fall into an area of risk that makes them prone to being produced by forced labor annually.

The news comes as Italy and the European Union as a whole are cracking down on cars produced outside the trading bloc.

The companies made the demand in a closed-door meeting with Beijing’s Ministry of Commerce on June 18.

Many companies have been busy restructuring their supply chains from global to regional or local for a few years now. But what problems are they trying to solve? 

Under a newly-proposed bill, companies such as Intel Corp. would be barred from buying chipmaking gear from entities owned or controlled by China.

When vetting potential suppliers and customers, it's vital to assess their risk-management profiles and strategies, says Danny Thompson, chief product officer at apexanalytix.

China is likely to respond to President Biden’s increases in tariffs on Chinese imports, including electric vehicles, in several ways. 

Europe exported more than €2.5 billion ($2.7 billion) worth of pork into China in 2023, according to EU customs data.

As they weather the fallout from multiple sources of disruption to global commerce, importers and exporters are seeking ways to make their supply chains more resilient.