Challenge: A customer was standardizing and automating its global third-party risk management program, and the company needed configurable risk-based screening and custom open-source search capability in a globally integrated workflow solution. The company also wanted to accelerate its onboarding and due-diligence processes — while controlling costs and ensuring procedural variances were standardized.
His vision to make China an electric-vehicle powerhouse revolutionized the global auto industry, cementing a move away from the combustion engine. Now, Wan Gang says get ready for the next game-changing moment.
The race by Tesla, Samsung and other technology giants to secure supplies of lithium — a key ingredient in batteries for electric vehicles and smartphones — is creating a unique chance for two global mining superpowers to reap more value from their natural resources.
Challenge: Global automakers have highly optimized supply chains, yet a lack of end-to-end visibility limits their ability to make further gains. For one carmaker, this made it difficult to provide accurate ETAs. In turn, this led to significant buffering and higher opportunity costs.