@Risk

Focused on supplier risk issues for business leaders

China Agrees to Significant Intellectual Property Rights Enforcement Initiatives

December 24, 2010 | Comment (1)

The 21st session of the US-China Joint Commission on Commerce and Trade (JCCT) ended last week with the announcement that China has agreed to significant initiatives in several areas, including:

  • intellectual property rights enforcement,
  • open and neutral technology standards,
  • clean energy, and
  • government procurement.

In addition, with regard to indigenous innovation, China agreed not to discriminate in government procurement based on the origin of intellectual property or to use discriminatory criteria to select industrial equipment. And, China also agreed to resume talks on beef market access.
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WBA Launches Awareness Campaign About Counterfeit Bearings

December 03, 2010 | Comment (1)

Fake products are penetrating supply chains deeper than ever before, and as remarkable as it sounds, researchers now estimate that over the last two decades, counterfeiting has multiplied by 10,000 percent, globally.

Of course, fake components endanger more than just your company’s bottom line. They also threaten your intellectual property, your reputation, and your warranties and returns. In some cases, the risks are even greater; some counterfeit products can compromise the end users’ health and safety, as well.

How can companies combat this continual –and constantly evolving –assault? (more…)

Fraud Remains Significant Worry In China Supply Chain

October 11, 2010 | Comments (2)

The China supply chain is full of challenges, and a recent article in The New York Times takes a close look at one of the most significant of all: a lack of integrity that now saturates both academic and business environments there.

In “Rampant Fraud Threat to China’s Brisk Ascent,” reporter Andrew Jacobs outlines a string of recent revelations that expose “the dishonest practices that permeate (Chinese) society, including students who cheat on college entrance exams, scholars who promote fake or unoriginal research, and dairy companies that sell poisoned milk to infants.”

In fact, according to Jacobs, in China, “fakery in one area in particular — education and scientific research — is pervasive enough that many here worry it could make it harder for the country to climb the next rung on the economic ladder.”

These are serious concerns. And, they add to an already long list of China supply chain headaches, including capricious trade rulings, rampant IP piracy and product health and safety concerns.

Jacobs details several recent high-profile cases of false credentials, embellished resumes, plagiarism and even high-tech subterfuge. For example, a recent study found that nearly one-third of the research articles submitted to scientific journals published by Zhejiang University were pirated from previously published research. Other investigations have exposed vaunted “doctors” and researchers as fakes.

The message is clear: When it’s time for your company to do business in China, tread carefully. Dig deep for information about your suppliers, and establish a collaborative relationship from the start. After all, your company’s business success depends on the integrity of your suppliers.

Pharma Seeks to Strengthen Supply Chain Security

October 08, 2010 | Comment (1)

Supply chain security is now a top concern for companies throughout the pharmaceutical industry. Several recent high profile cases have underscored vulnerabilities, and most pharma organizations now recognize that a holistic approach is required to detect and prevent adulteration, counterfeiting, illegal diversion, and theft.

Last month, ISPE, a global not-for-profit association of 22,000 pharmaceutical science and manufacturing professionals, released a white paper to help firms address these critical supply chain issues. “Supply Chain Security: A Comprehensive and Practical Approach” encourages pharmaceutical companies to strengthen their overall supply chain security by adopting a layered approach that includes:

  • Signal detection and response
  • Supplier quality management
  • Management of logistics and transportation services providers
  • Additional specific programs

I found the discussion of signal detection and response particularly interesting, as it illustrates how adulteration of one particular excipient can have broad effects on the quality of finished products across several countries and can impact several organizations. Here’s an example from the report: (more…)

New Coding System Could Help Battle Against Counterfeit Medicines

September 03, 2010 | No Comments →

The counterfeiting of pharmaceuticals is growing in both scope and impact, and now manufacturers and regulators alike are searching for more sophisticated traceability systems.

One “breakthrough approach” currently in development will allow manufacturers to label their products with a two-dimensional dot-matrix that is linked to an online database. GB Innomech, the company developing the new coding system, says this new approach is low-cost and effective: (more…)