Resilinc Announces SupplyIntel Corporate Social Responsibility (CSR) Module to
Protect Against Brand Risk
Customers Harness the Power of Multi-Tier Supply Chain Mapping on
Resilinc to Proactively Identify Sub-Tier Vulnerabilities and Protect
SANTA CLARA, CA -- (Marketwired) -- 04/29/14 -- Resilinc Corp., the
leading provider of supply chain resiliency solutions, today
announced the immediate availability of SupplyIntel(TM) CSR
Module(TM) to help companies interested in taking a proactive stand
to protect against threats to their brand arising from inadequate
management systems, controls and governance processes involving
labor, ethics, and environmental compliance and sustainability.
Most companies have internal corporate policies regarding use of
child labor or slave labor, bonded labor, sweat shops and working
conditions, minimum pay and employee health, and environment friendly
sustainable practices. However, recent examples have shown that
companies need to address these issues not only within their own
factories and businesses but also outside the four walls by including
their direct and sub-tier suppliers.
Increasingly, companies are being held accountable for the conduct of
their suppliers and vendors. Apple and its contract manufacturer,
Flextronics, provide a recent example. When poor working conditions
at Flextronics' factories became public knowledge, Apple received
negative publicity which affected its brand. Prior to that, employee
suicides at another contract manufacturer, Foxconn in China, also had
a negative impact on Apple's brand.
Another notable example of brand damage resulted from the tragic fire
at a garment factory in Bangladesh owned by Tazreen Fashions which
killed 117 people, making it the deadliest factory fire in Bangladesh
history. The Tazreen Fashions factory was found to be a
sub-contractor to a supplier to Walmart. Walmart had previously
terminated relationships with this factory due to repeated violations
and marked it high risk. However, a Walmart supplier had
sub-contracted work to Tazreen Fashions, unbeknownst to Walmart.
Though Walmart had not sanctioned the use of this sub-contractor, the
company was nonetheless held to be morally responsible for having
s sub-contractor in its supply chain.
It should be noted that in this Walmart example it was a
sub-contractor to a Tier 1 supplier that was in violation of
Walmart's code of conduct -- a clear demonstration of why supply
chain mapping is now a critical first step in understanding and
mitigating brand risk.
In order to proactively protect their brand against these types of
threats, companies need to first gain a better understanding of their
global supply chain through supply chain mapping, which involves
identifying the manufacturing locations worldwide that are used by
their component suppliers, and then for each site gain a deeper
understanding of their suppliers' practices regarding labor and
workers' rights, as well as environmental and sustainable practices.
"Companies are finding their brands are vulnerable as the market
holds brand owners accountable for the business practices of their
suppliers. As is seen in California with the passing of the SB-657
legislation, this is on its way to becoming a compliance issue," said
Bindiya Vakil, CEO of Resilinc. "Brand owners need a better way to
identify which factories and sub-tier suppliers are used in their
extended supply chain, in order to make sure these suppliers accept
and comply with the company's code of conduct. The Resilinc CSR
Module leverages the powerful multi-tier mapping capabilities of
Resilinc's market-leading technology platform, and enables brand
owners to proactively manage the risk to their brands."
Resilinc CSR Module(TM) for Brand Risk Protection
The Resilinc CSR
Module(TM) is based on the EICC (Electronics Industry Citizenship
Coalition) standard and covers the management systems and business
practices and controls instituted by the suppliers that govern labor
practices, employee health and safety, and environmental compliance
and sustainability. It is offered in combination with the unique
supply chain mapping capabilities of the Resilinc platform. Resilinc
SupplyIntel(TM) enables companies to identify factories worldwide
that are used in manufacturing their parts and raw materials as well
as the ownership of the factories, whether owned or sub-contracted.
The Resilinc CSR module enables brand owners to survey suppliers at
the supplier and site levels. Resilinc provides all the supplier
onboarding, training and data collection services needed to make the
CSR survey process a low resource impact undertaking for customers.
Additionally, Resilinc's industry leading publish-once, share
multiple times methodology enables suppliers to automatically share
their business practices with many customers, thereby minimizing the
effort required to provide the requisite information.
The Resilinc CSR solution also automatically generates scorecards at
a site level and provides a quick heat map of the weakest areas where
insufficient management systems and controls are prevalent. This
allows the brand owners to quickly identify sites that might need to
be audited, and suppliers who may need to be educated.
SupplyIntel Meets Today's Risk Management Challenges
Resilinc SupplyIntel is specifically designed to address multi-tier
visibility issues experienced in major global industries, including
high-tech and electronics, automotive, medical devices and the life
sciences. Resilinc SupplyIntel provides these and other industries
with the foundational supply chain mapping capability that is core to
addressing the challenges associated with risk management, conflict
minerals compliance, business continuity and social responsibility.
With the business-critical addition of CSR capabilities, Resilinc
SupplyIntel now delivers a complete and scalable solution for the
entire spectrum of risk management challenges. SupplyIntel's
comprehensive capabilities include multi-tier mapping, event
monitoring, and risk quantification and mitigation tools, together
with a broad range of survey modules for business continuity mapping,
conflict minerals, corporate social responsibility and supply chain
security -- all on a single integrated platform.
Resilinc's model delivers benefits of the network effect as customers
can quickly connect with many suppliers and adopt multiple
capabilities at the lowest total cost of ownership, with the lowest
resource impact and fastest time to value in the industry. Resilinc's
clients also realize a growing ROI over time as more and more
supplier data can be seamlessly and securely shared with multiple
Resources and Links
to register for the upcoming June 26, 2014 Resilinc Regional Life
Sciences event in New Jersey.
to download the whitepaper "Resiliency - High Tech's Next Big Supply
-- Click (http://www.resilinc.com/products/eventwatch-signup/) to sign up
for Resilinc EventWatch(TM) Professional, the leading global
disruption event monitoring service.
Resilinc is the leading provider of supply chain
resiliency solutions and delivers scalable enterprise solutions that
enable supply chain profess
ionals to gain visibility across multiple
tiers of their complex, global supply chains. With a comprehensive
offering that encompasses multi-tier supply chain mapping, single
points of failure analytics, global disruption event monitoring and
management, mitigation workflow, and part-level supply chain
compliance programs such as conflict minerals, Resilinc has become
the leader in comprehensive supply chain resiliency solutions.
Resilinc helps customers achieve supply chain resiliency through
innovative and patent-pending technology, an extensive
resiliency-driven supply network, and a proven comprehensive
enterprise scale solution that delivers strong value to both clients
and supplier partners. For more information, visit www.resilinc.com.
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