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Cobalt: The New Looming Brand Risk

Posted by Neil Shenoi on Jan 23, 2016 4:37:36 PM

Media outlets are abuzz following a joint investigation report released by Amnesty International and African Resource Watch (Afrewatch) on January 18th  titled “This is What We Die For: Human Rights Abuses in the Democratic Republic of Congo Power the Global Trade in Cobalt”. The report investigated human rights violations in the cobalt supply chain and rebuked several big brands, like Apple and Samsung, for failing to ensure that their products do not contain cobalt extracted by children in the DRC. In this post, we discuss the regulation of cobalt (or lack thereof), examine the report’s findings and discuss the potential supply chain brand risks associated with DRC-originated cobalt.

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Topics: supply chain visibility, supply chain risk management, 3TG, conflict minerals compliance

The Brave New World of a Conflict-Free, End-to-End Supply Chain

Posted by Wayne Caccamo on Dec 5, 2014 2:08:00 PM

As the first wave of conflict-free products start hitting the market, the supply chain management and conflict minerals compliance bar inches higher.

Intel Corp. earlier this year introduced its first conflict-free microprocessors, and promised to extend its conflict-free program to its entire supply chain and all its product lines. And, a few weeks ago, news reports coming out of England and papers such as The Guardian announced the availability of Fairphone, a crowd-funded conflict-free smartphone that was designed to meet stringent ethical and environmental standards and is being dubbed by some as “the most ethical mobile handset on the market.”and conflict minerals compliance bar inches higher. 

We expect to see more announcements like these in the coming quarters as companies look to carve out competitive advantages from their latest corporate social responsibility program.

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Topics: supply chain visibility, conflict minerals, 3TG, conflict minerals compliance

What Is Conflict Minerals Compliance, Exactly? Conflict Minerals FAQ

Posted by Wayne Caccamo on Oct 2, 2014 12:21:00 PM

tungsten-in-lightbulb
You may have noticed the phrase “conflict minerals” constantly popping up in the business-world 
vernacular lately. But are you still scratching your head trying to understand what all the noise is about and what it means to you?

Welcome to the club.

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Topics: conflict minerals, 3TG, conflict minerals compliance

Tracing 3TG to Their Source of Origin Proves Onerous Even for the DOC

Posted by Jon Bovit on Sep 18, 2014 8:34:00 AM

The U.S. Commerce Department's list of smelters may help companies track 3TG, but perhaps not as much as expected.

The U.S. Department of Commerce recently published its much-awaited list of all know smelters and refiners known to process tantalum, tin, tungsten or gold, the so-called conflict minerals.

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Topics: conflict minerals, 3TG, conflict minerals compliance

What's Next for Conflict Minerals Regulations?

Posted by Jon Bovit on Jul 22, 2014 12:19:00 PM

By now, most people working in the supply chain industry know all too well about the Dodd-Frank Wall Street Reform and Consumer Protection Act and the U.S. Security and Exchange Commission’s provision requiring tracking and tracing conflict minerals.

But, even the most knowledgeable people working day-in and day-out with the regulation and its related compliance issues are still confused and frustrated by the whole thing, especially those in the high-tech and automotive sectors who have been most directly affected.

This was apparent at the recent IPC Conflict Minerals Conference held in Santa Clara, California. Industry executives, well-versed lawyers and compliance-solution providers openly voiced their concerns, doubts and worries about the scope of the law, its inherent complexity, ongoing compliance issues and program maintenance.

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Topics: supply chain visibility, conflict minerals, supply chain risk management, 3TG, conflict minerals compliance

Conflict Minerals Year One: One Year In, and Everyone Looking Ahead

Posted by Jon Bovit on Jul 18, 2014 12:42:13 PM

CM-smelterIt was the headache most supply chain professionals expected it to be. The first year of conflict minerals reporting required by U.S. Security and Exchange Commission (SEC) brought with it frustration, confusion and varying levels of compliance.

We’ve seen first hand and heard anecdotally about all sorts of challenges related to regulatory compliance, legal interpretations (or misinterpretations), source of origin identification, and tracking the red-flag 3TG minerals of tin, tantalum, tungsten and gold coming from or around the Democratic Republic of the Congo (DRC).

It’s been a roller-coaster year, and very few companies have been able to achieve full compliance with year one conflict minerals reporting. In fact, a majority of report filings did not even satisfy the SEC’s instructions, according to an analysis by global professional services firm Resources Global Professionals, something Kevin Deely, RGP’s senior practice director for supply chain risk and compliance, will discuss in more detail during our upcoming webcast.

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Topics: conflict minerals, 3TG, conflict minerals compliance

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Resilinc is the leading cloud provider of supply chain resilience and risk management intelligence and analytics. Industry leaders like Amgen, GM, and EMC rely on Resilinc to mitigate risks end-to-end, while achieving long-term competitive advantage, and building brand and shareholder value. Resilinc’s flagship SCRM solution platform and services deliver the fastest time-to-value and the lowest resource impact. It accomplishes this by providing the world’s largest repository of supplier and part intelligence leveraging the power of our “LinkedIn” supplier community; the most robust set of dashboard visualization and patent-pending analytic functionality for proactive planning and risk quantification; and the only solution that personalizes your impact analysis by automatically connecting incidents with your supply chain map so you don’t have to.

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