Welcome!

News Feed Item

Resilinc Announces SupplyIntel Corporate Social Responsibility (CSR) Module to Protect Against Brand Risk

Customers Harness the Power of Multi-Tier Supply Chain Mapping on Resilinc to Proactively Identify Sub-Tier Vulnerabilities and Protect Their Brand

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

About Resilinc
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.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Media Contact:
Jon Bovit
Resilinc
919-461-9680
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Some people worry that OpenStack is more flash then substance; however, for many customers this could not be farther from the truth. No other technology equalizes the playing field between vendors while giving your internal teams better access than ever to infrastructure when they need it. In his session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will talk through some real-world OpenStack deployments and look into the ways this can benefit customers of all sizes....
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin, ...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Building custom add-ons does not need to be limited to the ideas you see on a marketplace. In his session at 20th Cloud Expo, Sukhbir Dhillon, CEO and founder of Addteq, will go over some adventures they faced in developing integrations using Atlassian SDK and other technologies/platforms and how it has enabled development teams to experiment with newer paradigms like Serverless and newer features of Atlassian SDKs. In this presentation, you will be taken on a journey of Add-On and Integration ...