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ARCHITECTING
TRUST across the SUPPLY CHAIN
Trouble is stalking the supply chain:
Sources: 1. International Labour Organization, 2017, http://www.ilo.org/global/publications/books/WCMS_575479/lang--en/index.htm 2. The IP Commission, 2017, http://www.ipcommission.org/report/IP_Commission_Report_Update_2017.pdf 3. The Washington Post, 2017, https://www.washingtonpost.com/business/economy/the-laels-said-organic-but-these-massive-imports-of-corn-and-soybeans-werent/2017/05/12/6d165984-2b76-11e7-a616-d7c8a68c1a66_story.html?noredirect=on&utm_term=.05ac4f14e153 4. Florida Tech Online, 2013, https://www.labnol.org/internet/search/find-publishing-date-of-web-pages/8410/ 5. Center for the Advancement of Public Integrity, 2017, https://www.law.columbia.edu/sites/default/files/microsites/public-integrity/338028932-capi-maritime-anti-corruption-network-issue-brief.pdf 6. National Retail Federation, 2015, https://nrf.com/sites/default/files/Images/Media%20Center/NRF%20Retail%20Return%20Fraud%20Final_0.pdf
www.sicpa.com | www.uschamber.com
6 BEST PRACTICES TO SECURE AND MODERNIZE GLOBAL SUPPLY CHAINS
There are an estimated
25 million people in forced labor worldwide.
MANUFACTURING
SUPPLIERS
Counterfeit goods cost the
U.S. economy an estimated
$225 - $600 billion annually.
Up to 37% of crops
imported from China are falsely labelled
“organic.”
PACKAGING
Countries lose $2 billion
in revenue annually to customs related
corruption.
DISTRIBUTION
The U.S. loses $100 billion from cybercrime
targeting over 594 million victims per year.
RETAIL
Return fraud/ abuse costs the
U.S. retail industry an estimated
$9-$16 billion annually.
RETURNS
1.Establish definitive
authentication of goods and
actors
2.Assure control and traceability
across the chain of custody
3.Align border,
transportation, security and
customs procedures
4.Embrace
public/private cooperation for identifying and
addressing threats
5.Adopt
multi-layered, ongoing risk
management
6.Leverage
technology for continuous innovation