News | husian

The Ripple Effect: How US Tariffs on China, Mexico and Canada Will Hit UK and European Supply Chains – and What You Can Do About It

The recent US tariffs on imports from China (increased from 10% to 20%), Canada and Mexico (25%, with 10% on Canadian energy) will have significant secondary impacts on UK and European businesses. These tariffs affect components used in US products exported to Europe, creating a cascade of rising costs throughout global supply chains. For UK/European manufacturers using American components, production costs will inevitably increase, driving inflation and undermining competitiveness. Companies with suppliers already in financial difficulty face particular risk as these additional pressures could trigger insolvencies across international supply networks.

12th March 2025 See the Full Article

ALERT: £1bn Public Contract Chaos as ISG Collapses - New Procurement Act's FVRA Framework Could Prevent Your Next Supplier Disaster

ISG's sudden collapse in September 2024 left £1 billion in public contracts stranded and 2,200 workers jobless. The new Procurement Act 2023, implemented February 2025, introduces enhanced Economic and Financial Standing (EFS) requirements that could have flagged ISG's deteriorating position. Through Financial and Value-for-Money Risk Assessments (FVRA), authorities can now utilize forward-looking metrics like Cash Flow to Debt Service Ratio alongside mandatory KPIs. By implementing comprehensive supply chain risk analysis and continuous financial monitoring, government bodies can better protect essential services and public funds from devastating supplier failures.

26th February 2025 See the Full Article

Husian Launches AI-Powered Risk Assessment Tool for Public Sector Procurement

Our new AI-powered procurement risk assessment tool enables real-time monitoring of supplier financial health and compliance status. This proprietary solution integrates with existing procurement systems to provide early warning indicators and mitigation recommendations.

26th February 2025 See the Full Article

Husian Releases Comprehensive Framework for AI Implementation in Public Sector Procurement

Our new framework provides a structured approach for public sector organizations to implement AI in their procurement processes. The guide covers key considerations for maintaining compliance while improving efficiency through AI integration.

15th December 2024 See the Full Article

Husian Receives Industry Recognition for Supply Chain Risk Management Innovation

We're proud to announce that Husian has been recognized for our innovative approach to supply chain risk management. This award highlights our commitment to advancing procurement technology and improving supply chain resilience.

8th November 2024 See the Full Article