Executives at a major manufacturing company are huddled in a boardroom discussing how to fix their internal compliance processes after receiving a multi-million dollar fine for failing to properly vet a new customer who later turned out to be a...
The sentiment in some parts of the corporate world is that complying with denied party screening rules is a must, and money spent on it represents little more than sunk cost. Some would go so far to claim that compliance is an impediment to business...
The situation is all too familiar. The company’s top sales rep has just completed a detailed dialogue with a prospect, and, believing that this is a five-figure deal in the making, enters the notes into the Salesforce Customer Relationship Management...
It is undeniable that compliance laws the world over have become more challenging to manage as regulatory authorities focus on adding further safeguards to protect national security. For businesses, this means that we must be more proactive in the...
The Biden Administration has announced plans to strengthen the resiliency of critical U.S. supply chains to keep American industries humming over the long term, and safe from shortages that were accentuated by COVID-19, denting earnings prospects in...
U.S. automakers are reportedly actively rethinking their supply chain resiliency options after global shortages of automotive semiconductors and chips forced them to shut down assembly lines. The review is aimed at resolving the current situation and...
As many people will now know the UK Government has decided to delay the implementation of its staged controls on imports for Brexit. But is it all that it seems? On the 11 March 2021 the UK Government laid out a new timetable for introducing import...
With climate change a common topic of conversation these days, many people welcome the technological advances that are making electric vehicles (EV) a cost-effective alternative to traditional gas-fueled modes of transport. But according to global...
President Biden has renewed the focus on strengthening the resiliency of U.S. supply chains and in doing so has redrawn the priority list for many business leaders across the nation. Announced on February 24 th, President Biden’s 100-day review of U...
The European Union’s recent decision to impose export controls on coronavirus vaccines produced within the 27-nation trading bloc could cause further supply chain disruptions around the world. Business leaders warned of potential, new trade...