To subscribe, advertise or contribute articles to smartmanufacturingtoday.com contact publisher@xtra.co.nz

  • Home
  • Newswire
  • Contact us
  • Advertise
  • Subscribe
  • About
Smart Manufacturing Today
Your source of info
  • Developments
  • Manufacturing Technology
  • Latest News
  • Featured
  • Computer Integrated Manufacturing
  • Robotics
  • Manufacturing Software
  • Internet of Things
  • Additive Manufacturing
  • Product Design
  • 3D Printing
  • Supply Chain
  • Workshop Tools
  • PLM & CAD/CAM
  • Covid-19
  • Events
  • Motors & Drives
  • The Circular Economy

News Ticker

Embracing equity for women in STEM
Operational technology security in smart manufacturing
Decarbonise while you Digitalise
Is low-code the future of manufacturing?
Network Monitoring – The competitive differentiator in manufacturing
Delivering supply chain resiliency across the fabricated metals industry with ERP
Detecting faults: A stitch in time for manufacturing?
The missing link in Industry 4.0’s connectivity chain

Supply chain transparency is not going away

Consumers want to know where the products they buy come from. Companies will have to disclose more supply chain information than ever before as consumer pressure and regulations increase.

While the demand for transparency in the supply chain increases, most companies are unaware of labor practices, product material contents and/or potential risks past their direct suppliers. Supply chains, in reality, are ten times the number of direct suppliers and require sophisticated data management to be properly maintained.

Among many pieces of potential supply chain data, regulations in particular require detailed supply chain information to be collected and maintained.
The most prevalent regulations affecting the supply chain are Dodd-Frank 1502 (Conflict Minerals Rule), Foreign Corrupt Practices Act (FCPA), Restriction of Hazardous Substances (RoHS), Registration, evaluation, authorisation and restriction of chemicals (REACH), Supply Chain Transparency Act (SB657), United Kingdom Modern Slavery Act and CA Prop 65.

Supply chain regulations do not appear to be decreasing either. Right now, talks about managing and regulating “conflict minerals” in the European Union (EU) as well as monitoring trafficking and slavery in the United States are underway.

With so many regulations and supply chain data to manage, companies experience a number of challenges including international supply chains, multiple languages, many suppliers that exist in multiple tiers of their supply chain and a constantly changing profile of products and suppliers.

Share this:

Related Posts

Unlock the value PIC

Supply Chain /

Unlock the value of data to drive business intelligence

The future of PIC ASIA MN

Supply Chain /

Automation: The Future of Logistics Companies in Asia Pacific

A humanoid robot with a shopping trolley is shopping at a grocery store. Future concept with robotics and artificial intelligence. 3D rendering

Supply Chain /

The technologies driving opportunities in automation

‹ Deep learning technology to analyse data with high precision› Supply Chain Excellence: Sales and Operations Planning

Recent Posts

  • Embracing equity for women in STEM
  • Operational technology security in smart manufacturing
  • Decarbonise while you Digitalise
  • Is low-code the future of manufacturing?
  • Network Monitoring – The competitive differentiator in manufacturing

Categories

  • 3D Printing
  • Additive Manufacturing
  • Computer Integrated Manufacturing
  • Covid-19
  • Developments
  • Events
  • Featured
  • Internet of Things
  • Latest News
  • Manufacturing Software
  • Manufacturing Technology
  • Motors & Drives
  • PLM & CAD/CAM
  • Product Design
  • Robotics
  • Supply Chain
  • The Circular Economy
  • Workshop Tools

Back to Top

  • Developments
  • Manufacturing Technology
  • Latest News
  • Featured
  • Computer Integrated Manufacturing
  • Robotics
  • Manufacturing Software
  • Internet of Things
  • Additive Manufacturing
  • Product Design
  • 3D Printing
  • Supply Chain
  • Workshop Tools
  • PLM & CAD/CAM
  • Covid-19
  • Events
  • Motors & Drives
  • The Circular Economy

To subscribe, advertise or contribute articles to smartmanufacturingtoday.com contact publisher@xtra.co.nz

(c) Smart Manufacturing Today, 2023