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        <Name>China Supply Chain Risks and Due Diligence</Name>
        <Summary>Costs of An Unethical Supply Chain</Summary>
        <Description>Recently Peter Humphrey from ChinaWhys, an international business risk advisory firm in China, gave an excellent speech in Shanghai about the costs of an unethical supply chain in China. &lt;br /&gt;&lt;br /&gt;As the global supply chain undergoes a quantum shift, with multinational corporations relocating their supply base to Asia and increasingly to China, with global sourcing operations centering on this region, the risks and challenges can sometimes be as great as &amp;ndash; and sometimes greater than &amp;ndash; the rewards and profits.

Peter&amp;rsquo;s presentation included detailed case studies and explanations of the following:

&lt;br /&gt;&lt;br /&gt;&lt;ul&gt;&lt;li&gt;Unintentionally Nurturing a supply chain competitor &lt;/li&gt;&lt;li&gt;Sourcing kickback scams &amp;ndash; suggest the need to eliminate middlemen &lt;br /&gt;&lt;/li&gt;&lt;li&gt;Purchasing fraud

Kickbacks &lt;br /&gt;&lt;/li&gt;&lt;li&gt;Common factors that make your vulnerable&lt;/li&gt;&lt;li&gt;Some risk mitigation tools &lt;br /&gt;&lt;/li&gt;&lt;li&gt;Due diligence process &amp;ndash; investigative due diligence &lt;br /&gt;&lt;/li&gt;&lt;li&gt;Supply chain due diligence &lt;br /&gt;&lt;/li&gt;&lt;li&gt;Employee integrity &amp;amp; ethics controls &lt;br /&gt;&lt;/li&gt;&lt;li&gt;Vendor integrity programs &lt;br /&gt;&lt;/li&gt;&lt;li&gt;Corporate security

IT security &lt;br /&gt;&lt;/li&gt;&lt;li&gt;Contingency planning &lt;br /&gt;&lt;/li&gt;&lt;li&gt;Staff &amp;amp; management training

Investigations&lt;/li&gt;&lt;li&gt;Keys to reduce risks &amp;amp; losses &lt;br /&gt;&lt;/li&gt;&lt;/ul&gt;&lt;br /&gt;You can obtain a copy of his presentation by contacting them. Their website is listed below. You can also email me and I can send you a copy.</Description>
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                 <Keyword>china supply chain risks</Keyword>

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                 <Keyword>supply chain risks</Keyword>

                 <Keyword>unethical supply chain</Keyword>

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                  <Title>ChinaWhys </Title>

                  <Synopsis>An International Business Risk Advisory Firm with Eyes in China</Synopsis>

                  <URL>http://www.chinawhys.com/aboutus.htm</URL>

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                  <Title>Counterfeiting and Supply Chain Management in China </Title>

                  <Synopsis>Supply Chain Strategies for Dealing with Counterfeit Suppliers</Synopsis>

                  <URL>http://supplychain.establishinc.com/public/item/105092</URL>

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