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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. Its scope is initially limited to companies (German or foreign-based in Germany) that employ at least 3,000 employees. What Lieferkettengesetz Means for Procurement?

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Ease the Burden of Labor Shortages and Increase Supply Chain Resiliency 

Logility

Use a two-pronged approach that couples new recruitment approaches with technology to provide transparent operational insight. Today’s supply chain is challenged by the impact of what would appear to be two disparate challenges: constant supply chain disruptions, and what’s been dubbed “The Great Resignation.”

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Experts Unfold Top Supply Chain Technology to Watch

Supply Chain Opz

Then, executives need supply chain technology to stay ahead of the game. But what technologies we should pay attention to? Onge Company Game changing technologies in the supply run from the immediate, to the near-term, to the futuristic, but there are some clear examples in each.

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The German Supply Chain Law Effects on Global Trade and Compliance

ModusLink Corporation

German Supply Chain Law Global trade is essential today as it allows countries to specialize in producing goods and services that they are most efficient at while enabling them to access a broader range of products worldwide. As explained by Global Supply Chain Compliance , these can include the following (Thoms and Fischer).

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Helping Companies Identify Environmental Sustainability Opportunities

Arena Solutions

Although the company’s climate action strategy calls for reducing its footprint, it’s PTC’s handprint—their software products—that will have the biggest environmental impact. As well as the digital tools needed to support the development of innovative and minimal environmental impact solutions.”

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Top 10 Supply Chain Innovations of 2017

Material Handling & Logistics

Our salute to the best advancements in supply chain technology, processes and labor management from 2017. This is our annual salute to the best in people, processes and technology within the supply chain arena. We think you’ll enjoy this year-end recap of supply chain innovations and best practices.

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COP26: 5Zs that changed the world

The Logistics & Supply Chain Management Society

Very positively, these topics have not only been discussed at COP26 but multiple initiatives were launched with some of them having the potential to significantly contribute to decarbonizing the global supply chain network. Also, tools have been developed to enable horizontal partnerships to reduce empty truck miles.