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What does the German Supply Chain Act Mean for Procurement?

ivalua

The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. In Germany, this figure amounts to approximately 3,000 companies and requires them to conduct due diligence to identify and address potential risks in their supply chain.

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Elevating The Voice of the Supply Chain Contrarian

Supply Chain Shaman

Many of the case studies being presented at today’s conferences were born during the pandemic and the post-pandemic turbulence. While companies talk digital, the projects follow traditional supply-centric paths. The audience assumes that the presenting company is outperforming. (The

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Better Chemical Inventory and Asset Management

AB&R

Better Chemical Inventory and Asset Management By AB&R Efficient Inventory and Asset Management for the Chemical Industry The chemical industry produces many innovative and crucial products for different industries and markets, but inventory and asset tracking processes within the chemical business are still very old-school.

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Steel: The Perfect Material for a Circular Economy, but with a Huge Decarbonization Challenge

DELMIA Quintiq

It can be made with many different characteristics, for example, different chemical compositions to increase strength, durability, etc. Furthermore, the introduction of new technologies also presents more challenges for steel players. Technological challenges. Supply chain challenges.

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Supply Chain Design Crosses the Chasm

Logistics Viewpoints

Recent supply chain disruptions are forcing organizations to challenge the prevailing wisdom and look for newer approaches to decision making. The simultaneous shocks to demand and supply, and the magnitude of these shocks are not something the world ever experienced. The technology is reaching such an inflection point.

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Digital Twins in the Supply Chain

Enterra Insights

Changes in today’s business world are occurring so fast they are creating challenges former generations of supply chain leaders never faced. As analysts from John Galt note, “Companies across industries have recently found themselves operating with supply chains designed for a world that no longer exists.

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How To Jump

Supply Chain Shaman

The article introduced the concept of self-service planning and challenged companies to rethink the concepts of supply chain planning. Supply Chain Insights Training, 2024 The Opportunity Based on my research, I believe there is an opportunity to reduce the number of planning roles by 80-85%. Guess what?