Protect your supply chain’s information
As important as it is to keep the process that make up your supply system connected and running smoothly, you can use manufacturing business software to help manage all the necessary information necessary to keep this effort going.
Apple has recently suffered something of what can go wrong in this situation now that data about its supply chain for the new iPhone has been transferred without the company's permission. As Bloomberg reports, an employee of Citigroup named Kevin Chang disclosed data about the computer giant's production to certain companies last year, who were then able to make decisions based on this tip. Because the information hadn't been made public yet, the company has been issued a $30 million fine by the state of Massachusetts.
The Massachusetts Secretary of State, William Galvin, told Reuters recently that this indicates a deeper problem for businesses. The source indicated that this is not the first time Citi has been fined for this kind of indiscretion.
"The emails between Kevin Chang and the hedge funds reveal this cozy culture which illustrates again that there are two types of customers; big ones and retail customers who often don't receive this information," he said.
While human elements can always be predictable, the use of strategic planning software can help your business identify sectors that present problems and seek ways of ensuring a better form of security. Take more of an active stance in preventing these embarrassing and compromising leaks through the use of proper software business solutions to tighten up the relationship between different "links" in the chain.