Tag: Supply Chain

What are the legal implications for international oil companies (IOCs) operating in host countries where supplier due diligence is a challenge? The short answer to the question is that IOCs face ever increasing legal risk.

Globally, consumer packaged goods (CPG) companies are under intense pressure to profitably grow. Yet, incumbent companies are losing out to nimble, digital-native competitors. For large CPGs, it's no longer enough for supply chains to be engines of efficiency.

ALONG with responsible, like-minded, and frightened South Africans, we looked on in growing horror two weeks ago as parts of our county were engulfed by acts of public violence, flames, and wanton looting. More tragic is that so many lives have been lost.

The journey to reaching digital resiliency: pursuing digital transformation initiatives to thrive despite the ongoing pandemic challenges. The COVID-19 pandemic has shaken the manufacturing and distribution industry profoundly.

The value of resilience as a prerequisite for business success in fast-changing environments has long been clear. The pandemic, however, catapulted resilience to the forefront as indispensable to business sustainability and relevance.

Read our exclusive cover story titled RESILIENCE | A KEY TO UNLOCK VALUE IN SUPPLY, DEMAND, OPERATIONS & LOGISTICS? by Vukani Mngxati, CEO, Accenture in Africa, as well...

It is time for the many pockets of digital progress to give way to digital transformation. Approximately three in five Chief Supply Chain Officers (CSCOs) are not only investing in digital solutions, but already scaling them – and surprisingly doing so rapidly enough to surpass other business functions.

The COVID-19 pandemic has brought on massive changes to the manufacturing industry, which has had to adapt to new operating models, an evolving consumer market, and disruptions in supply chain processes, all while keeping the workforce safe and healthy.

Around 14 per cent of the food produced in the world is wasted before it even gets to market. That’s around USD400 billion lost each year - a vast amount.

Our latest findings on State of Cyber Resilience shows that cyberattacks on insurers have more than doubled (from 240 to 519 attacks, on average), illustrating the current cyber climate for insurers: It’s volatile. This number is more than twice as much as the cross-industry cyber resilience leaders in the survey and over three times more than their banking peers.