Category Archives: SOX/Bill 198

What Do Government Procurement, Presidential Orders and Customer Service Have in Common? Spend Analysis Reveals All

When the White House issued the Executive Order for Streamlining Service Delivery and Improving Customer Service on April 27, 2011, I’m pretty sure that the procurement officers in federal agencies weren’t called into the meetings on how the organization would … Continue reading

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Avoiding Procurement Malpractice: Analysis Drives Strategic Sourcing

In this 3-part series, we’re looking at the procurement disciplines that can help procurement executives and teams design and execute truly effective sourcing strategies in face of whatever the global economy brings. In the first post, we looked at using … Continue reading

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New Book Takes Aim at Supply Chain Risk

From scmr.com: “As their operations grow more global and complex, companies are becoming increasingly worried about disruptions to their supply chains. The big challenge they encounter, says Gary S. Lynch of Marsh Inc., is identifying the potential risks and then … Continue reading

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North American Manufacturers Cite High Level of Supply Chain Risk

From Industry Week: “More than one-third of North American manufacturers, responding to a MFGWatch survey, say they’ve experienced a significant supply chain disruption in the past three months. When asked if they or their customers had experienced a significant supply … Continue reading

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Risk and Uncertainty in Supply Chain Management

From husdal.com: ” I’ve searched and scoured numerous academic journals in order to find literature I can use for this blog. Sometimes my readers help me and suggest articles I am not yet aware of, and sometimes I stumble upon … Continue reading

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Electronic Components Buyer Tip #2: Speed of Supplier Selection

In a perfect world, component buyers would never have a shortage, forecasts would be accurate and authorized channels would always have stock. Sadly, we live in the real world where markets are volatile and manufacturers face recurring shortages. Longer supply … Continue reading

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Are Multiple Supply Chain Networks Important?

By Jon Hansen: “I recently posed a question on the importance of Multiple Supply Chain Networks which, within a matter of several hours, elicited 14 responses from around the world. And while the majority of respondents felt that the findings … Continue reading

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Seven Challenges for Electronic Component Shortage Buyers

Electronic component buyers have it rough. Do your job well and no one notices. Slip up even a little, and the world comes down on you like a ton of bricks. One of the toughest parts of the job is … Continue reading

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Supply Chain Risk management in Turbulent Times

From scmr.com: “One of the most important jobs facing global companies today is how to manage risk in their supply chains. And the persons that are tasked to address this challenge are the company’s supply chain professionals.This timely webcast will … Continue reading

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5 Ways to Mitigate Supply Chain Risk in this Economy

From RoshanThomas: ” Nortel Networks Corp, once a telecommunications equipment giant, after years of being under tremendous pressures and trying numerous reorganization and cost-cutting actions to improve its competitive position, filed for bankruptcy protection from creditors on Jan 14th 2009. … Continue reading

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The Hidden Risk in Your Supply Chain

From msnbc.com: “Bristlecone, one of the industry’s most trusted supply chain business advisors and solution providers, today announced the publication of a study, “The Hidden Risk in Your Supply Chain,” carried out in conjunction with Supply & Demand Chain Executive … Continue reading

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Supply Chain Network Top Ten Search Terms – Q4 2008

In July 2008, a customized Google Search function was established for the Supply Chain Network site and now after six months, we’re pleased to highlight the Top Ten Supply Chain Network Search Terms! Click on each of the terms listed … Continue reading

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Understanding and Attacking Supply Chain Fraud

We’re pleased to present Supply Chain Network readers with an interesting and insightful series of articles on Supply Chain Fraud contributed by Norman Katz of Katzscan Inc. Regardless of where you operate in North America, Europe or Asia, the regulatory … Continue reading

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Disney Case Highlights China Supply Chain Pitfalls

From Reuters, by John Ruwitch: ” SHENZHEN, China (Reuters) – In his dim two-room flat, Huang Renzhong showed a visitor a Mickey Mouse statuette and explained how creating Disney figurines during 15-hour work days in a grim factory led to … Continue reading

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Survey Shows 37% Not Prepared for Supply Chain Risks

From vunet.com: “A higher volume of enquiries from both CFOs and CEOs, asking how to manage the threats posed to their businesses from issues like terrorism and political unrest, landed on Aon’s desks last year, the firm says. Miles Johnstone, … Continue reading

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Summarizing Challenges Surrounding Supply Chain Fraud

SUMMARY Supply chain fraud can encompass the entire breadth and depth of an organization, and its impacts can have a ripple effect throughout both the internal and external supply chain. The techniques, methodologies, and tools to detect and reduce supply … Continue reading

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An Introduction to Supply Chain Fraud

INTRODUCTION Few terms resonate so deeply with business these days as do “supply chain” and “fraud”. Individually, these two terms are a reflection of the evolving business world around us: the supply chain is truly global in nature, and it … Continue reading

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Supply Chain Fraud and Sarbanes-Oxley

RELATIONSHIP TO SARBANES-OXLEY Documentation for Sarbanes-Oxley compliance requires the organization to look at risks, control activities, policies, procedures, etc. across all operations. This investigation becomes an introspective look at how the organization conducts business from the inside-out, the outside-in, and … Continue reading

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