The mechanism will consist of a direct ban on purchases, which would take effect on January 1, as well as an indirect ban, which would kick in more gradually.
Enhanced visibility, paired with purpose-built tools designed to monitor the organization’s most critical applications, along with a strategic response plan, can help manufacturers stay ahead of the curve.
Business systems can’t operate with true effectiveness as stand-alone functions; they must work together for businesses to harvest the most value from their data.
Eighty-nine percent of companies expect to maintain or increase support for supplier diversity, according to Supplier.io’s 2023 State of Supplier Diversity Report.
Now volatility is end to end, and supply chain planning extends beyond order fulfillment to sustainability and resiliency. The good news: They’ve updated the operator’s manual.
The proposed Supply Chain Agreement is designed to enable IPEF partners to work together collaboratively through information exchange, sharing of best practices, collective response to disruptions, and supporting labor rights.