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Supply Chain Services

Thomson Reuters and SAP Team to Help Businesses Manage Compliance and Third-Party Risk Challenges

Integration of World-Check Data with SAP® Business Partner Screening offers organizations improved vigilance across the globe Thomson Reuters is collaborating with SAP to allow its World-Check content to be available to customers within the SAP® Business Partner Screening application. The aim is to help organizations better manage their third-party compliance and risk challenges. This will allow World-Check’s risk intelligence data ... Read More »

GTR Asia Trade & Supply Chain Finance Conference 2017

JW Mariott Hotel, Hong Kong – April 19th, 2017 Hong Kong offers a business-friendly environment and unrivalled connectivity to global, regional and the mainland China markets, making it an ideal host for the GTR Asia Trade & Supply Chain Finance Conference 2017. Returning for its third year, the conference will continue to build on its reputation as a key networking ... Read More »

Building Credit Information into the DNA of Your Organization

The advantages to finance departments having quick and easy access to credit ratings and reports are clear, but how can different departments beyond finance use credit information effectively? There are three disciplines that can leverage company information in online Credit Reports: Sales, Procurement and Marketing. In addition, CEOs and other board level directors are using Credit Reports to monitor acquisition ... Read More »

Foxconn Subsidiary Debuts Blockchain-Powered Supply Chain Platform

FnConn, the financial services arm of Taiwan-based Foxconn, launched the platform alongside Dianrong, a Chinese online lending marketplace. Dubbed Chained Finance, the platform is aimed at providing working capital to smaller businesses involved the manufacturing supply chain. According to the two firms, a previous proof-of-concept involved the issuance of loans worth $6.5m to a group of unnamed companies. Chained Finance has an initial focus on ... Read More »

Dun & Bradstreet in Partnership with THOMASNET.COM

Dun & Bradstreet (DNB) together with THOMASNET.com announced a partnership to provide B2B businesses new tools to help prevent disruption in their supply chain. Available exclusively on THOMASNET.com, Supplier Evaluation & Risk Reports provide B2B procurement professionals detailed credit risk data and company capability information. Designed to aid companies seeking to minimize risk of supply chain disruption – especially when engaging in ... Read More »

Largest Supply Chain Disruptions in 2016

There was an interesting study released by EventWatch highlighting the top 5 supply chain disrupting events of 2016. EventWatch monitors supply chain resiliency and found these five single events to cost the most in delays, disruptions, and risk. Here’s their list: 6.4 magnitude earthquake in Taiwan Series of earthquakes in Japan through April Super Typhoon Haima Typhoon Napartak Typhoon Medi ... Read More »

Bertelsmann Plans Further Investments in Brazil, India and China

Bertelsmann continues to invest in its strategic growth regions of Brazil, India and China: The portfolio in the three countries, which has been increasingly concentrated on growth businesses over the past few months, will be further expanded. Besides developing existing activities, the main focus will be on investing in media content and the education  sector. They recently opened the new Bertelsmann ... Read More »

CRIF and Bohai Credit enter into a strategic partnership to help solve the financing problems of Chinese enterprises

CRIF signed a collaboration agreement with Bohai Credit, a credit information company operating under HNA USOLV, a subsidiary of HNA Group, with the objective of building a supply chain finance platform to help micro, small and medium-sized enterprises in China to access credit, and manage the high costs of financing and the risk of over-indebtedness. By capitalizing on CRIF’s solid ... Read More »

Companies are Sinking in Risk: Thomson Reuters 2016 Global Third Party Risk Survey

Many companies are struggling to monitor risks posed by their suppliers, distributors and partners due to internal pressures, lack of actionable data and insufficient attention to potential consequences Global companies are opening themselves up to greater risk including bribery and corruption and modern day slavery by conducting due diligence on just 62 percent of their suppliers, distributors, and third party ... Read More »

Dun & Bradstreet and Rosslyn Data Technologies in Partnership

Dun & Bradstreet and Rosslyn Data Technologies Partner to Provide Self-Service Data and Analytics to Procurement Professionals. Cloud-based platform offers near real-time analysis for actionable insight Focused on ensuring business leaders have timely access to mission-critical data to make informed decisions, Rosslyn Data Technologies, and Dun & Bradstreet, announced that they will partner to provide procurement professionals with self-service insights ... Read More »

China Cross-border Trade Boosted with New Scheme

Greater Information Sharing between Chinese Government Institutions A trade credit incentive mechanism was jointly unveiled by Chinese authorities recently to promote the credibility and standard of Chinese enterprises in carrying out cross-border business and boost international trade. The General Administration of Customs, National Development and Reform Commission (NCRC) and Bank of China (BOC) jointly initiated the credit incentives program by ... Read More »

Thomson Reuters Launches TRAC to Combat Trade Based Money Laundering

First of its kind end-to-end solution offering holistic risk management of trade finance as trade based money laundering becomes a growing global problem Thomson Reuters announced the launch of TRAC, its new anti-money laundering solution to combat trade based money laundering (TBML) and drive transparency and efficiency across trade finance. TRAC is now available in Singapore and Hong Kong: release ... Read More »

Supply Chain Disruption: Hurricane Matthew Closes 50% of East Coast Port Handling

As Hurricane Matthew approaches landfall at Cape Canaveral, hurricane force winds are set to run through the coasts of Florida, Georgia and South Carolina. Port closures are taking place for all the major Florida ports, Charleston and Savannah. The ports across the three states accounted for 18.3% of U.S. container import shipments according to and 49.8% of east coast and Gulf of Mexico imports in September according ... Read More »