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Companies today are re-evaluating how they manage supplier relationships, for a number of reasons. Many organizations have experienced unexpected interruptions in their supply chains over the past few years, whether due to natural disasters or political unrest, because the global financial crisis forced key suppliers to close their doors, or because tight liquidity prevented suppliers from scaling to meet the company’s new levels of demand.Recommended Stories
Hertz Seeks $70 Million in Clawbacks from Former Executives
CEO leaned on subordinates to make “inappropriate accounting decisions’’ so the firm could hit its financial targets, and CFO and others failed to report these tactics, according to the suit.
U.S. Companies Must Report Gender Pay Data, Maybe by May
Companies will have to report more granular data on how much workers are paid, broken down by sex, race, and ethnicity—possibly by May 31.
The Rising Stakes of Falling Trust
It may be perceived as a “soft” asset, but when trust in an organization drops, that shift may hit the bottom line.
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