article thumbnail

What does the German Supply Chain Act Mean for Procurement?

ivalua

What Lieferkettengesetz Means for Procurement? 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. Production and use of chemicals under the Persistent Organic Pollutants Convention (POP or Stockholm-Convention) .

article thumbnail

Procurement and Supply Chain are Smarter Together – Practical Use Cases

Logistics Viewpoints

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. By aligning supply chain and procurement, spend can be considered more holistically.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pushing the Supply Chain Reset Button

Supply Chain Shaman

The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics. The impact varies by supply chain sector and value chain. Instead, supply chain leaders need to focus on the minimization of waste, and the alignment of signals.

article thumbnail

Pushing the Supply Chain Reset Button

The Logistics & Supply Chain Management Society

Pushing the Supply Chain Reset Button by Lora Cecere , Founder, Supply Chain Insights Supply Chain Leaders Can’t Afford to Guess About the Future The global supply chain that we know today is built on three assumptions: rational government policy, low variability, and availability of logistics.

article thumbnail

Supply Chain Planning Solutions are Not Just for the Big Boys

Logistics Viewpoints

Companies implementing supply chain planning (SCP) have traditionally been very big companies or companies with complex supply chains. Supply chain planning is not just for the big boys. In September of 2020, the company hired Jeff Baker to be their Vice President of Procurement and Integrated Supply Chain.

article thumbnail

5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain

Logistics Viewpoints

My recent conversations with the supply chain practitioners are dominated by supply chain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Let us dive deeper into how supply chains are getting disrupted. Europe relies on Russia for around 35% of its natural gas.

article thumbnail

Upstream Unconventional Oil and the Chemicals Used in Drilling: A Supply Chain in Need of Improvement

Logistics Viewpoints

In producing oil, chemicals are injected into the ground to increase flow. The amount of chemical treatment is tied to the oil and gas production rates; treatments need to be adjusted as production rates vary. In many situations production treatment chemicals represent the second highest […].

Chemicals 149