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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

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.” Food supply chains already heavily damaged by the effects of COVID-19 have received yet another blow from labor shortages.

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High Seas Troubles Affect Global Supply Chains, Part Two: Climate Risks

Enterra Insights

Journalist Andrew Freedman explains, “Geopolitical risks in the Red Sea and extreme weather in Central America are converging, jostling global supply chains fed by the Suez and Panama Canals.”[1] Footnotes [1] Andrew Freedman, “ Climate change and conflict converge to disrupt supply chains ,” Axios, 24 January 2024. [2]

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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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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. This is our annual salute to the best in people, processes and technology within the supply chain arena.

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Understanding the Salaries in Supply Chain Management

SCMDOJO

Are you considering a career in supply chain management? In this article, we will explore the wide range of salaries in supply chain management, from entry-level positions to executive roles for each region. Supply chain management is a rapidly growing industry. Curious about the salaries to expect?

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Behind Toyota’s 2021 U.S. win? A better sourcing strategy

Resilinc

It was how the company handled its supply chain. spokesperson noted that this was not Toyota’s goal – and likely not sustainable – the change in ranking is widely seen as a vindication of Toyota’s supply chain strategies. It should be noted that Toyota wasn’t immune to supply chain disruptions, and its U.S.