The Shared Assessments Program, a member-driven leader in third party risk assurance, announced a new addition to its Third Party Risk Management framework covering the subjects of periodic assessments and continuous monitoring.
When Japan decided to step up its fight with South Korea last month, it dug deep into the supply chain to impose sanctions on three obscure materials made by a handful of Japanese companies few have ever heard of.
Force majeure clauses are intended to protect parties to a legal contract from losses caused by disruptive events beyond their control. But supply-chain partners might be surprised to learn what such language doesn’t cover.
The world’s biggest miners are firm believers in the electric vehicle battery revolution. What they don’t agree on is which metals will deliver the best long-term exposure to the developing global market.
Artificial intelligence can play an important role in companies' strategic sourcing initiatives, but there are some key challenges to be addressed, according to Richard Barnett, senior vice president of marketing and alliances with LevaData.