|By Marketwired .||
|April 29, 2014 09:02 AM EDT||
SANTA CLARA, CA -- (Marketwired) -- 04/29/14 -- Resilinc Corp., the leading provider of supply chain resiliency solutions, today announced the immediate availability of SupplyIntel CSR Module to help companies interested in taking a proactive stand to protect against threats to their brand arising from inadequate management systems, controls and governance processes involving labor, ethics, and environmental compliance and sustainability.
Most companies have internal corporate policies regarding use of child labor or slave labor, bonded labor, sweat shops and working conditions, minimum pay and employee health, and environment friendly sustainable practices. However, recent examples have shown that companies need to address these issues not only within their own factories and businesses but also outside the four walls by including their direct and sub-tier suppliers.
Increasingly, companies are being held accountable for the conduct of their suppliers and vendors. Apple and its contract manufacturer, Flextronics, provide a recent example. When poor working conditions at Flextronics' factories became public knowledge, Apple received negative publicity which affected its brand. Prior to that, employee suicides at another contract manufacturer, Foxconn in China, also had a negative impact on Apple's brand.
Another notable example of brand damage resulted from the tragic fire at a garment factory in Bangladesh owned by Tazreen Fashions which killed 117 people, making it the deadliest factory fire in Bangladesh history. The Tazreen Fashions factory was found to be a sub-contractor to a supplier to Walmart. Walmart had previously terminated relationships with this factory due to repeated violations and marked it high risk. However, a Walmart supplier had sub-contracted work to Tazreen Fashions, unbeknownst to Walmart. Though Walmart had not sanctioned the use of this sub-contractor, the company was nonetheless held to be morally responsible for having this sub-contractor in its supply chain.
It should be noted that in this Walmart example it was a sub-contractor to a Tier 1 supplier that was in violation of Walmart's code of conduct -- a clear demonstration of why supply chain mapping is now a critical first step in understanding and mitigating brand risk.
In order to proactively protect their brand against these types of threats, companies need to first gain a better understanding of their global supply chain through supply chain mapping, which involves identifying the manufacturing locations worldwide that are used by their component suppliers, and then for each site gain a deeper understanding of their suppliers' practices regarding labor and workers' rights, as well as environmental and sustainable practices.
"Companies are finding their brands are vulnerable as the market holds brand owners accountable for the business practices of their suppliers. As is seen in California with the passing of the SB-657 legislation, this is on its way to becoming a compliance issue," said Bindiya Vakil, CEO of Resilinc. "Brand owners need a better way to identify which factories and sub-tier suppliers are used in their extended supply chain, in order to make sure these suppliers accept and comply with the company's code of conduct. The Resilinc CSR Module leverages the powerful multi-tier mapping capabilities of Resilinc's market-leading technology platform, and enables brand owners to proactively manage the risk to their brands."
Resilinc CSR Module for Brand Risk Protection
The Resilinc CSR Module is based on the EICC (Electronics Industry Citizenship Coalition) standard and covers the management systems and business practices and controls instituted by the suppliers that govern labor practices, employee health and safety, and environmental compliance and sustainability. It is offered in combination with the unique supply chain mapping capabilities of the Resilinc platform. Resilinc SupplyIntel enables companies to identify factories worldwide that are used in manufacturing their parts and raw materials as well as the ownership of the factories, whether owned or sub-contracted.
The Resilinc CSR module enables brand owners to survey suppliers at the supplier and site levels. Resilinc provides all the supplier onboarding, training and data collection services needed to make the CSR survey process a low resource impact undertaking for customers. Additionally, Resilinc's industry leading publish-once, share multiple times methodology enables suppliers to automatically share their business practices with many customers, thereby minimizing the effort required to provide the requisite information.
The Resilinc CSR solution also automatically generates scorecards at a site level and provides a quick heat map of the weakest areas where insufficient management systems and controls are prevalent. This allows the brand owners to quickly identify sites that might need to be audited, and suppliers who may need to be educated.
SupplyIntel Meets Today's Risk Management Challenges
Resilinc SupplyIntel is specifically designed to address multi-tier visibility issues experienced in major global industries, including high-tech and electronics, automotive, medical devices and the life sciences. Resilinc SupplyIntel provides these and other industries with the foundational supply chain mapping capability that is core to addressing the challenges associated with risk management, conflict minerals compliance, business continuity and social responsibility.
With the business-critical addition of CSR capabilities, Resilinc SupplyIntel now delivers a complete and scalable solution for the entire spectrum of risk management challenges. SupplyIntel's comprehensive capabilities include multi-tier mapping, event monitoring, and risk quantification and mitigation tools, together with a broad range of survey modules for business continuity mapping, conflict minerals, corporate social responsibility and supply chain security -- all on a single integrated platform.
Resilinc's model delivers benefits of the network effect as customers can quickly connect with many suppliers and adopt multiple capabilities at the lowest total cost of ownership, with the lowest resource impact and fastest time to value in the industry. Resilinc's clients also realize a growing ROI over time as more and more supplier data can be seamlessly and securely shared with multiple clients.
Resources and Links
- Click (http://www.resilinc.com/resilinc-regional-event-the-magic-pill-for-a-more-resilient-life-sciences-supply-chain/) to register for the upcoming June 26, 2014 Resilinc Regional Life Sciences event in New Jersey.
- Click (http://info.resilinc.com/high-tech-supply-chain-resiliency-whitepaper) to download the whitepaper "Resiliency - High Tech's Next Big Supply Chain Undertaking."
- Click (http://www.resilinc.com/products/eventwatch-signup/) to sign up for Resilinc EventWatch Professional, the leading global disruption event monitoring service.
Resilinc is the leading provider of supply chain resiliency solutions and delivers scalable enterprise solutions that enable supply chain professionals to gain visibility across multiple tiers of their complex, global supply chains. With a comprehensive offering that encompasses multi-tier supply chain mapping, single points of failure analytics, global disruption event monitoring and management, mitigation workflow, and part-level supply chain compliance programs such as conflict minerals, Resilinc has become the leader in comprehensive supply chain resiliency solutions. Resilinc helps customers achieve supply chain resiliency through innovative and patent-pending technology, an extensive resiliency-driven supply network, and a proven comprehensive enterprise scale solution that delivers strong value to both clients and supplier partners. For more information, visit www.resilinc.com.
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem"...
Nov. 26, 2015 11:00 PM EST Reads: 411
I recently attended and was a speaker at the 4th International Internet of @ThingsExpo at the Santa Clara Convention Center. I also had the opportunity to attend this event last year and I wrote a blog from that show talking about how the “Enterprise Impact of IoT” was a key theme of last year’s show. I was curious to see if the same theme would still resonate 365 days later and what, if any, changes I would see in the content presented.
Nov. 26, 2015 10:00 PM EST Reads: 390
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Ben Perlmutter, a Sales Engineer with IBM Cloudant, demonstrated techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, faster user e...
Nov. 26, 2015 09:30 PM EST Reads: 391
Container technology is shaping the future of DevOps and it’s also changing the way organizations think about application development. With the rise of mobile applications in the enterprise, businesses are abandoning year-long development cycles and embracing technologies that enable rapid development and continuous deployment of apps. In his session at DevOps Summit, Kurt Collins, Developer Evangelist at Built.io, examined how Docker has evolved into a highly effective tool for application del...
Nov. 26, 2015 07:00 PM EST Reads: 330
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Nov. 26, 2015 04:00 PM EST Reads: 381
Internet of @ThingsExpo, taking place June 7-9, 2016 at Javits Center, New York City and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
Nov. 26, 2015 03:30 PM EST Reads: 524
The cloud. Like a comic book superhero, there seems to be no problem it can’t fix or cost it can’t slash. Yet making the transition is not always easy and production environments are still largely on premise. Taking some practical and sensible steps to reduce risk can also help provide a basis for a successful cloud transition. A plethora of surveys from the likes of IDG and Gartner show that more than 70 percent of enterprises have deployed at least one or more cloud application or workload. Y...
Nov. 26, 2015 03:30 PM EST Reads: 444
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
Nov. 26, 2015 03:15 PM EST Reads: 520
We are rapidly moving to a brave new world of interconnected smart homes, cars, offices and factories known as the Internet of Things (IoT). Sensors and monitoring devices will touch every part of our lives. Let's take a closer look at the Internet of Things. The Internet of Things is a worldwide network of objects and devices connected to the Internet. They are electronics, sensors, software and more. These objects connect to the Internet and can be controlled remotely via apps and programs. ...
Nov. 26, 2015 02:15 PM EST Reads: 498
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, explored the IoT cloud-based platform technologies driving t...
Nov. 26, 2015 01:00 PM EST Reads: 392
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
Nov. 26, 2015 01:00 PM EST Reads: 290
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
Nov. 26, 2015 12:00 PM EST Reads: 151
As organizations shift towards IT-as-a-service models, the need for managing & protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection & E-Discovery of your data - whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise.
Nov. 26, 2015 11:30 AM EST Reads: 121
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Nov. 26, 2015 11:00 AM EST Reads: 445
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Sam McIntyre, Partner Enablement Specialist at eFolder, presented how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He also demonstrated how easy it is to search and restore cloud application data using Cloudfinder.
Nov. 26, 2015 11:00 AM EST Reads: 125