The New Executive Order for Buy America Act – What Does It Mean for Your Business?
The Biden Administration is proposing a renewed focus on an enhanced Buy America Act (BAA) to promote federal/government procurement of more US-based products and components, and more enforcement. The benefits for the US-based companies and their subcontractors, and impacts on free market economy, competitiveness and export opportunities for US companies, are up for debate. In […]
Rekha Menon-Varma, Managing Partner at Vertaeon LLC, receives the SPLC award for Individual Leadership
Press Release Atlanta, GA and Gainesville, FL – On Thursday, January 28, 2021, the Sustainable Purchasing Leadership Council (SPLC) recognized Rekha Menon-Varma, Managing Partner, Vertaeon LLC, with the 2020 award for Individual Leadership, at the Council’s annual awards ceremony. The award celebrates her visionary leadership and dedicated efforts fundamental to the advancement of sustainable procurement […]
Look Beyond 2020
Look Beyond 2020: Why is risk identification and monitoring more important now than ever? News-flash! As you are painfully aware by now, we are in the middle of a global pandemic with many waves and multiple peaks, and an unprecedented economic environment. This doesn’t even begin to describe the variety and complexity of the situations […]
A look back at 2020 – FCPA Compliance
A look back at 2020 – FCPA Compliance, a vital part of enterprise and supply chain risks The Foreign Corrupt Practices Act or FCPA has been top-of-mind for risk and compliance teams since its origin. Compared to previous years, 2020 has set records for high-penalty FCPA cases. This year also saw a revised resource guidance […]
Speed and agility are key in seizing opportunities during a crisis
Speed and agility are key in seizing opportunities during a crisis, states this recent article from MIT Sloan Review. The authors argue that the organizations’ readiness, flexibility, and integration of agility to operations are key for resilience. This resonates well with Vertaeon’s goal of enhancing preparedness before a crisis occurs which in turn improves competitive […]
Leveraging risk mitigation at the regional or business unit levels in the post-Covid new normal
Risk monitoring tools and mitigation strategies have been critical success factors to help C-Level corporate executives guard their brand reputation and avoid potentially costly disruptions in revenue. These tools can also be an integral part of both operational excellence and customer centricity initiatives at the business unit and site level. From Vertaeon’s perspective, a cohesive […]
As a risk analytics solution provider, we are always exploring data enhancing supply chain visibility, child and forced labor and product traceability
As a risk analytics solution provider, we are always exploring data enhancing supply chain visibility, child and forced labor and product traceability. Can blockchain provide an answer to the global issue of conflict minerals? See an interesting blog here https://www.hyperledger.org/blog/2020/01/17/conflict-minerals-and-child-labour-enabling-better-business-with-blockchain-traceability
July 2020 report from MIT and CSCMP on ‘state of supply chain sustainability’ indicated that 35% of companies surveyed lack supply chain sustainability goals
July 2020 report from MIT and CSCMP on ‘state of supply chain sustainability’ indicated that 35% of companies surveyed lack supply chain sustainability goals. See the publication on SupplyChainDive here” https://www.supplychaindive.com/news/mit-cscmp-lack-supply-chain-sustainability-report/581936/
Recent Gartner rankings of the 2020 Supply Chain Top 25 companies shows comprehensive supply chain strategy and differentiation even during Covid-19 pandemic
“Recent Gartner rankings of the 2020 Supply Chain Top 25 companies shows comprehensive supply chain strategy and differentiation even during Covid-19 pandemic. Vertaeon’s holistic risk analytics offerings are strongly in alignment with the Gartner criteria for business performance, ESG integration and digital transformation!” https://www.gartner.com/en/newsroom/press-releases/2020-05-20-gartner-announces-rankings-of-the-2020-supply-chain-top-25
Vertaeon to speak at a panel session at the leading sustainable procurement event, SPLC Summit 2020! Come and hear us on May 19th
Vertaeon to speak at a panel session at the leading sustainable procurement event, SPLC Summit 2020! Come and hear us on May 19th on how risk and sustainability indicators are used in procurement and throughout the organization to mitigate risks, but also to explore what tools, data, and strategies we’ll need to prepare for exiting […]