Connect with us

Technology

Sphera’s Supply Chain Risk Report Shows Economic Uncertainties, Extreme Weather and ESG-related Risks Among Supply Chain Disrupters in 2023 — And Pandemic-Related Impacts Nearly Vanishing

Published

on

Sphera’s inaugural report demonstrates the data-based insights that help empower companies to protect their businesses from ever-evolving risks and build resilient, agile and sustainable supply chains

CHICAGO, March 5, 2024 /PRNewswire/ — While supply chain impacts from the COVID-19 pandemic moved into the rearview mirror in 2023, data in Sphera’s inaugural Supply Chain Risk Report shows that supply chains were vulnerable to a broad range of other risks — inflation and rising interest rates, natural hazard events and ESG-related risks such as human rights violations and labor practices among them.

With its new report, Sphera, a leading global provider of ESG performance and risk management software, data and consulting services, aims to provide insights into the risks that impacted supply chains in 2023 — as well as their causes and consequences. The report is based on data from Sphera’s Supply Chain Risk Management (SCRM) software, which provides actionable insights into a multitude of potential disrupters so companies can proactively manage and mitigate supply chain risk.

“Sphera’s Supply Chain Risk Report shows that a broad range of risks, increasing ESG regulations and compliance failures can stress businesses,” said Paul Marushka, Sphera’s CEO and president. “Risk exposure is dynamic, and constantly evolving supply chain risks cause ever-increasing market volatility. By optimizing the supply chain composition and diversifying suppliers, companies can better manage the uncertainty that comes with supply chain disruptions. To do this, organizations need a solution that provides actionable insights for proactive risk monitoring that enables them to get ahead of disruptive events. Staying ahead of supply chain risk helps businesses reduce potential costs associated with such risk, gain competitive advantage and build transparent, agile supply chains.”

Financial-related challenges stress the supply chain
Data in the report shows that more than one-third (36%) of the financial risk notifications warned of worsening revenue and growth outlook. High inflation rates in the EU and U.S. eroded suppliers’ purchasing power, with insolvency under self-administration going up 23% and bankruptcies increasing 42%. Additionally, site relocations or closures increased by 26%. Financial distress does not happen overnight, and awareness of finance-related risks is strategically important to helping companies withstand economic fluctuations and uncertainties and build resilience.

Extreme weather events are on the rise
The report shows that natural hazard events hit supply chains hard in 2023 with warnings for tornadoes climbing by 45%, hailstorm warnings increasing by 26% and tropical cyclone warnings going up by 6%. Two-thirds of the global economy is affected directly or indirectly by weather conditions with industries such as agriculture, energy and transportation particularly affected. A solution that provides 24/7 monitoring and advanced notifications of weather risks can help companies prepare their supply chains and get ahead of an impending disruption — and help minimize the financial impact on the business. 

ESG-related risks remain prominent
Data also shows that ESG-related risks in supply chains continued to rise in 2023, with indicator messages for the entire category of ESG-related risks rising 6% in volume. Human rights notifications increased 12%, labor practice issues rose 13% and ESG-related issues related to violations of environmental practices went up 1%. Increased globalization, regulatory changes and consumer and investor demands can all contribute to the greater prominence of ESG risk in supply chains. A holistic approach to supply chain risk management that integrates ESG considerations into the strategy can help companies mitigate the consequences of ESG-related risk.

Report Methodology
Sphera’s award-winning Supply Chain Risk Management (SCRM) software was the data source for this report. The AI-powered Risk Intelligence component of Sphera SCRM scans on a monthly basis more than 15 billion reputable news articles, commercial and government data sources and 1 million customer and supplier sites around the world. These feeds provide Sphera with the most highly representative supply chain risk insights on the market and allow Sphera’s technology to identify potential risks or worsening trends and notify customers of such threats. For the report, Sphera compared the number and types of indicator messages sent from January through November 2023 with the datapoints from the same period in 2022.

About Sphera
Sphera is the leading provider of environmental, social and governance (ESG) performance and risk management software, data and consulting services focusing on Environment, Health, Safety & Sustainability (EHS&S), Operational Risk Management (ORM), Product Stewardship and Supply Chain Risk Management (SCRM). For more than 30 years, we have served over 8,400 customers and a million-plus users in 95 countries to help companies keep their people safe, their products sustainable and their operations productive. Learn more about Sphera at www.sphera.com. Follow Sphera on LinkedIn.

For media inquiries, please contact:
Amanda Meador
Pro-Sphera@prosek.com 

Logo – https://mma.prnewswire.com/media/1907993/Sphera_v2_Logo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/spheras-supply-chain-risk-report-shows-economic-uncertainties-extreme-weather-and-esg-related-risks-among-supply-chain-disrupters-in-2023–and-pandemic-related-impacts-nearly-vanishing-302077647.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Caldwell Cassady & Curry Trio Named Among Best Lawyers in Dallas for Intellectual Property, Business Disputes

Published

on

By

DALLAS, April 27, 2026 /PRNewswire/ — Accomplished trial attorneys Brad Caldwell, Jason Cassady, and Daniel Pearson from the Dallas intellectual property and business law firm Caldwell Cassady & Curry have earned spots on the 2026 list of The Best Lawyers in Dallas published by D Magazine.

The Caldwell Cassady & Curry principals earned spots in the guide following the firm’s two multimillion-dollar trial wins in 2025 that were among the largest in Texas and nationally.

Last fall, an eight-member jury in the U.S. District Court for the Eastern District of Texas awarded the firm’s clients at Collision Communications a $445.5 million verdict against Samsung for infringing a series of patents covering mobile network communications.

Mr. Caldwell served as lead counsel in the trial that ended with the year’s third-largest jury award in Texas, the sixth-largest overall in the U.S., and the second-largest among all U.S. patent infringement cases tried to verdict.

The result was recognized as an Impact Case of the Year at the recent Managing IP Awards in New York, along with Caldwell Cassady & Curry as the Patent Disputes Firm of the Year (South) and Mr. Caldwell as Patent Litigator of the Year (South) for his work in the Samsung case and the firm’s other significant trial win against social media powerhouse Twitter.

A jury of five women and three men in the U.S. District Court for the Northern District of Texas found the company known as X Corp. liable for infringing a key patent covering online video technology. The Dallas trial court entered a judgment of nearly $173 million against Twitter in November.

The D Magazine Best Lawyers in Dallas rankings are based on peer nominations from thousands of licensed North Texas attorneys who recommend colleagues they have personally observed in court. An anonymous panel of esteemed local lawyers and the magazine’s editorial staff conducts a final background check before announcing the honorees.

Caldwell Cassady & Curry represents companies and individuals in high-stakes civil litigation, including patent infringement, trade secrets, fiduciary duty, class action, and company-founder disputes. The firm has tried and won some of the nation’s top verdicts against the largest companies in the world. Learn more about the firm at www.caldwellcc.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/caldwell-cassady–curry-trio-named-among-best-lawyers-in-dallas-for-intellectual-property-business-disputes-302753833.html

SOURCE Caldwell Cassady & Curry

Continue Reading

Technology

Ted Kangaroo Launches Inaugural Advisory Council to Advance Sensory-Support Innovation and Create Community

Published

on

By

Brings Together Leading Experts in Child Development, ADHD, Autism and Neurodiversity

CHICAGO, April 27, 2026 /PRNewswire/ — Ted Kangaroo, the sensory-support brand known for creating playful, functional tools that help children regulate, focus and thrive, is proud to announce the formation of its Advisory Council. The Advisory Council brings together an initial core group of respected experts in child development and neurodiversity, and includes nationally and internationally recognized practitioners, authors, and educators ranging from occupational therapists with decades of pediatric experience to psychologists and psychiatrists specializing in ADHD, autism and mental health.

The Advisory Council will help guide product development and offer feedback on function and application, including best practices as neurodiversity research and science evolves. The Council will also provide insights into how Ted Kangaroo is being used in real-world settings so that the brand can continue to offer products that are tailored to the specific needs and habits of its users. Through ongoing collaboration, council members will offer feedback on product upgrades and new product launches, helping ensure that Ted Kangaroo’s growing line reflects evolving methodologies in sensory support.

“Creating products that genuinely support children starts with listening to the experts who work with them every day,” said Jacob Fisch, CEO and Founder of Ted Kangaroo. “We are so grateful to the practitioners that make up the Advisory Council. Each brings extensive clinical expertise and real-world insight into how children and adults learn, regulate and engage with their environments, which ensures that Ted Kangaroo remains clinically grounded, practical and truly beneficial for the families and professionals who rely on them.”

Collectively, the Advisory Council’s expertise spans sensory integration, neurodevelopment, family therapy and clinical education. The initial Ted Kangaroo Advisory Council includes:

Lindsey Biel, OTR/LKimberly Bradley, MS, LOTRApril Christopherson, OTR/LHeidi Clopton, OTR/LDr. Alan Fisch, MDDr. George Hu, PsyDDr. Ari Tuckman, PsyD, MBA

With the launch of the Advisory Council, Ted Kangaroo is making strides towards becoming the most impactful community of clinicians, educators and experts throughout America, providing a platform where teachers, clinicians, and parents can connect and support one another for the benefit of the broader neurodiversity community. Additionally, Advisory Council members will contribute to educational initiatives and thought leadership that further expands awareness around sensory development and neurodiversity, strengthening Ted Kangaroo’s role as a trusted informational resource for families, educators and clinicians.

“We believe that every child experiences the world differently, and that sensory tools should be both clinically informed and approachable,” adds Fisch. “By collaborating directly with leading professionals, we hope to continue translating complex sensory science into clear, accessible solutions that support regulation, independence, and long-term skill-building. Our goal is to, over time, expand the Advisory Council to more professionals, and ultimately become an extensive resource hub for anyone looking to learn more about sensory-support tools and innovation.”

Ted Kangaroo intends to continue growing the Advisory Council with the longer term goal of onboarding experts that will form the broader Ted Kangaroo Advisory Network. To learn more, please visit www.ted-kangaroo.com.

ABOUT TED KANGAROO
Ted Kangaroo is a sensory-support brand creating playful, functional tools that help nurture and support children so they can reach their full potential. Developed in collaboration with pediatric therapists, Ted Kangaroo products translate sensory science into accessible, everyday solutions for families, educators, and clinicians. From calming vests to tactile activity tools, each product blends gentle therapeutic support with joyful design—encouraging calmness, focus, and body awareness. More than a product line, Ted Kangaroo is a trusted partner in helping children build essential skills, navigate daily routines, and grow with confidence. Learn more at ted-kangaroo.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ted-kangaroo-launches-inaugural-advisory-council-to-advance-sensory-support-innovation-and-create-community-302754385.html

SOURCE Ted Kangaroo

Continue Reading

Technology

Inhabit’s Razz and Anyone Home Partner with Engrain to Streamline Fee Consistency for Multifamily Properties

Published

on

By

Partnership enables Razz and Anyone Home customers to use Engrain to augment their fee data across lead-to-lease touchpoints

KNOXVILLE, Tenn., April 27, 2026 /PRNewswire/ — As part of Inhabit’s ongoing commitment to providing industry leading innovation through inhouse and partnerships, Razz, the multifamily industry’s premier website and digital experience platform, and Anyone Home, the residential industry’s leading prospect-centric customer engagement and leasing intelligence platform, today announced a partnership with Engrain to advance fee clarity across multifamily marketing and leasing. Through the collaboration, Razz and Anyone Home will gain access to Engrain data and fee calculating technology to provide renters with an additional way to see clear pricing throughout the leasing process.

Inhabit’s Razz and Anyone Home Partner with Engrain to Streamline Fee Consistency for Multifamily Properties

Operators face a growing challenge in managing and disclosing fees consistently across all lead channels and leasing communications. This partnership means that for properties using Engrain, all fee data will flow seamlessly into Razz-powered websites and Anyone Home’s CRM, Contact Center and AI Leasing Assistant solutions — enabling consistency across these engagement channels.

“Our goal is to provide operators efficient and scalable ways to clearly communicate all costs associated with renting in all prospective renter touchpoints,” said Craig Maness, VP of leasing & marketing at Inhabit. “This partnership helps our customers bring greater fee clarity into their digital front door with Razz — and through the lead-to-lease workflows powered by Anyone Home.”

“Fee transparency is now a baseline expectation in multifamily, and operators are prioritizing solutions that deliver consistency, accuracy and clarity in cost communication,” said Brent Steiner, founder and CEO of Engrain.

To learn more about this exciting partnership, contact Anyone Home or Razz.

About Razz

Razz by Inhabit builds high-performing multifamily websites combining bold designs, smart technology and real partnerships. Powered by a scalable platform built for marketers, not developers, Razz-powered sites launch fast, boost SEO and accessibility, and give your team tools to save time and lease more.

About Anyone Home

Anyone Home by Inhabit helps property teams lease faster and smarter with the CRM, Leasing Assistant and Contact Center solutions that blend technology, automation, and Hybrid Intelligence (HI = Human + AI) to deliver personalized multichannel leasing experiences that reduce costs, improve conversion, and create property efficiencies.

About Inhabit

Inhabit is a global PropTech software company serving over 5 million units in the residential and short-term rental property management industries. Our 1,500+ team members drive strategic partnerships, deliver best-in-class software solutions and services, and foster innovation and collaboration across software, payments, and insurance. Learn more at www.inhabit.com.

About Engrain

Engrain’s mission is to fundamentally transform the way people find, lease and manage property. A recognized leader in next-generation interactive touring technology and map-based data visualization software, Engrain’s advanced integrations and technical flexibility offer solutions for any multifamily technology stack. Clients use Engrain products to engage prospects and residents, analyze and improve operating performance and increase NOI through operational efficiency. For more information, visit www.engrain.com

Media Contact

Josh Phillips
VP, Marketing
Press@Inhabit.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/inhabits-razz-and-anyone-home-partner-with-engrain-to-streamline-fee-consistency-for-multifamily-properties-302754352.html

SOURCE Inhabit

Continue Reading

Trending