Throughout 2022, the Craft team focused on driving innovation across Craft’s supplier intelligence platform to better help users monitor, measure, and mitigate supplier risk.
As 2023 begins, we’re taking stock of the last 12 months in supply chain news and trends. From increased regulation of environmental, social, and corporate governance (ESG) to geopolitical disruptions and cybersecurity threats, 2022 has been a busy and sometimes tumultuous year for supply chains and the corporations and countries that manage them.
Forced labor is a global problem that countries (and companies) are now tackling with greater energy.
This year's United Nations Framework Convention on Climate Change’s Conference of the Parties - otherwise known as COP27 - ended last month in Sharm El-Sheikh, Egypt under the tagline “Together for Implementation”.
Cyber risk is on the rise, with ransomware leading the charge. The FBI's Internet Crime Complaint Center reported 3,729 ransomware complaints in 2021—a 50% increase from the previous year.
Cyber attacks have been rising for the past few years, partially spurred on by the rapid digitalization during the pandemic.
According to a recent World Economic Forum statement, embedding sustainability and ESG into company strategy is critical to meeting investor expectations, consumer demand and legal requirements.
Supply chain resilience is a top challenge for procurement leaders worldwide.
“We reduced the time it took to research a supplier from 3 hours to just 7 minutes”