Visibility

At Corning, we believe that maintaining supply chain visibility is integral to preserving the integrity of our commitment to Supply Chain Social Responsibility. We leverage a suite of technology platforms that enable us to closely monitor our supply chain operations, capturing data and sharing supply chain information faster, more efficiently, and more accurately than ever before. Having 24/7 visibility of our supply chain allows us to quickly identify and proactively manage issues to ensure social responsibility throughout our global network.

One technology Corning utilizes for end to-end supply chain visibility is the Elementum Orchestration Platform™. Elementum is a revolutionary technology that give us the ability to connect across our entire supply chain ecosystem by collecting real-time intelligence on relevant supplier activity and events – right down to the local level.

Through the Elementum platform, supply chain professionals are able to analyze information such as shipping and delivery, material sourcing, and manufacturing across all corners of the world. Elementum monitors over 30 million data sources, from EDIs and ASNs, to news and social media, tracking specific terms such as conflict minerals, worker diversity, child labor, workers safety, emissions, and human rights. This provides us timely insight into the events and geopolitical issues that can influence our overall supply chain performance, including the social responsibility behaviors within our supply chain

We share access to this information across our entire company so that business leaders, including supply chain managers, throughout Corning can use this data to address both the short-term needs and the long-term strategic plans of our supply chain.

Corning’s risk management process begins before companies even join our supply chain. Corning utilizes Riskmethods, a supply risk profile / rating solution, to identify potential risks before we select and add a supplier to our supply chain. Riskmethods is an easy to use portal that provides real-time, objective, enterprise-wide risk exposure measurement and reporting across the supply chain.

Our risk managers use Riskmethods’ digitalization technologies, including big data monitoring,machine learning and AI, to make proactive assessments of supply chain risk across the globe at a moment’s notice, including social and environmental responsibility risks.

Supply chain social and environmental responsibility risks are monitored and evaluated, across the enterprise-wide supply chain, against the following risk profiles:

• Labor Practices and Human Rights
• Environmental
• Information and IP Security
• Regulatory and Legal
• Corruption and Bribery

During the monitoring process, high-risk situations are flagged and delivered to qualified and designated risk managers in real-time. This insight enables us to proactively manage potentially high-risk situations and to quickly create risk mitigation plans to minimize, and ideally avoid, the exposure.