Afternoon Coffee: Haribo Investigates Slave Labor Allegations at Brazilian Suppliers, Elemica Adds Predictive Intelligence to Platform


German candy maker Haribo said it was investigating allegations that plantations in Brazil were using slave labor in the harvesting of the palm leaves used to produce carnauba wax, according to the Daily Mail. The reports allege workers were forced to sleep outside, denied access to clean drinking water and paid $12 a day.

“We are extremely concerned by some of the images shown on the consumer program,” a Haribo spokeswoman said in a statement. “The conditions on the Brazilian plantations shown are insupportable. We are investigating with our first-level-suppliers the precise nature of the conditions in the plantations and farms that supply them. Furthermore, we are currently working on a prompt auditing of our suppliers.”

Elemica Pulse

Business network provider Elemica announced Tuesday the release of Elemica Pulse, a new solution that provides real-time predictive visibility from customer order to supplier delivery, according to a press release. Elemica Pulse uses predictive intelligence to predict supply chain anomalies and assess the probabilities of supply chain failures based on historical data.

Coupa Alliance

Spend management provider Coupa has formed an alliance with China-based Aisino Corporation to extend its capabilities in the country, according to a press release. The cloud tax alliance will help global customers manage their tax invoices via Aisino on Coupa’s unified platform while still being able to meet the tax reporting requirements of the Chinese government.

“Our international customers want to streamline their global spend processes in China, and we are fulfilling their request by forming this alliance with Aisino — the only one of its kind in the world’s second largest economy,” said Roger Goulart, senior vice president of business development and alliances at Coupa.

Dollar News 

And finally a forex update: The US dollar rose to a nearly eight-month high against the Japanese yen, the Wall Street Journal reports, reflecting diverging monetary policy in Tokyo and Washington.

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