1
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

˜ BEST PRACTICES TO SECURE AND MODERNIZE GLOBAL … · $225 - $600 billion annually. Up to 37% of crops imported from China are falsely labelled “organic.” PACKAGING Countries

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

Page 1: ˜ BEST PRACTICES TO SECURE AND MODERNIZE GLOBAL … · $225 - $600 billion annually. Up to 37% of crops imported from China are falsely labelled “organic.” PACKAGING Countries

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