September 29, 2016 /3BL Media/ - The robust, scalable SaaS platform for supply chain management solutions earned Source Intelligence® “Company of the Year” honors in a 2016 international competition for information technology software.
Some of the nation’s largest retailers are gathering in Washington, D.C. next week to learn more about ethical sourcing, sustainability, and environmental compliance. Retailers are facing greater risks in meeting an expanding list of regulations both in the U.S. and around the globe. This, in turn, puts increased pressure on suppliers to provide these retail customers with greater volumes of and more accurate data about their products, according to Source Intelligence.
The automotive industry’s most widely used international quality standard (ISO/TS 16949) has been updated to IATF 16949 by the International Automotive Task Force (IATF). One of the most revolutionary updates to the standard is the inclusion of new ethics requirements, a first for automotive quality standards worldwide.
Automakers are leading the way with their long-term commitment to corporate social responsibility and assertive supply chain transparency initiatives. At a recent event, members from the Automotive Industry Action Group (AIAG) met to discuss leading practices in identifying and combating the funding of “conflict minerals” from areas of conflict, specifically Democratic Republic of Congo.
Suppliers engaged in government contracts or seeking to be a vendor of choice for a company seeking government contracts know the value of being certified under the complex procurement regulations issued by the U.S. government. The Federal Acquisition Regulation (FAR) is perhaps the most important – and complex – federal contracting regulation. OEMs bidding on government contracts often scan their databases for suppliers who already meet FAR or similar federal contracting laws.
The FDA has banned 19 antibacterial ingredients used in hand and body soaps, citing a lack of evidence demonstrating that these ingredients are safe and more effective than ordinary soap for preventing illness. The ban specifically targets consumer products and does not apply to soaps used in hospital settings and food services.
Government regulation remains one of the top challenges facing business today. CEOs and other business leaders are increasingly finding themselves tending to an ever-increasing broader range of compliance issues.