Eighteen percent of online adults in the U.S. have had important personal data stolen, according to a Pew Research Center study highlighting the crisis in data protection.
Large UK manufacturers lost more than £58m in 2013 following a raft of preventable supply chain issues, including firms' failures to deliver goods on time.
Netwin Solutions Inc., a provider of applications for supply-chain security and global trade management, has launched a software module to help companies comply with new rules for reporting on the presence of conflict minerals in their products.
Insufficient communication and too much emphasis on controlling factory capital expenditures means that manufacturers pay massive energy-inefficiency costs over the lifetime of their plants, according to research firm IHS.
The rise of global sourcing as a means to minimize costs has had the unintended consequence of increasing risk. Dependence on an increasing number of suppliers makes it difficult to monitor their performance without automated metrics. According to a 2013 Supply Chain Resilience Survey, 75 percent of organizations experienced at least one supply chain disruption incident in the past year.
The Food and Drug Administration has the responsibility for implementing FSMA and has issued seven proposed rules on each of the critical elements. These include Hazard Analysis and Preventive Controls for both human and animal food; Produce Safety; Intentional Adulteration; Foreign Supplier Verification Programs; Accreditation of Third-party Auditors; and finally the Sanitary Food Transportation Act (SFTA).
Swedish home goods giant Ikea Group is investing in its first wind farm in the U.S., joining a parade of other companies that are venturing into the renewable energy sector. The company purchased Hoopeston Wind, an energy project under construction in Illinois.
The recent occurrence of faulty ignition switches in General Motors cars should serve as a wakeup call to companies that lack good visibility into their global supply chains. But most have failed to implement adequate supply-chain risk-management programs that could head off such problems.