The increasingly globalized nature of today's supply chain environment means even the toughest quality control measures may not be enough to protect a food manufacturer or supplier from risks that could cause millions of dollars in lost product, additional expenses and significant reputational damage.
New government regulations of the drug industry drove the need for a more responsive, feature-rich and flexible EDI environment - but that created opportunities for one pharmaceutical company.
Walmart has spent more than $141m on ethics and compliance systems since 2013, to manage and track efforts that include appointing over 2,300 ethics and compliance professionals, ensuring compliance is up-to-date and accurate, and creating a board-level Global Ethics, Compliance & Risk Committee, the company recently announced.
Responding to both investor demand and Securities and Exchange Commission mandates, the 10-Ks, 10-Qs, and proxy statements issued by companies contain more nonfinancial information than ever before.
"It's America first, you better believe it," President Trump said, standing over a tool cabinet at the Snap-On Tools headquarters in Kenosha, Wis., where he signed his "Buy American, Hire American" executive order this month to favor American companies for federal contracts.
Dozens of global clothing companies are not complying with a plan to ensure better safety in Bangladesh garment factories following the deadly collapse of a building four years ago, a rights group says.