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Germany Raises the Stakes on Corporate Social Responsibility with Supply Chain Due Diligence

Logility

Beginning on January 1, 2023, Germany’s Act on Corporate Due Diligence in Supply Chains (Supply Chain Due Diligence Act) will come into effect, taking aim at social and environmental issues arising in global supply chains. The timing of the Supply Chain Due Diligence Act couldn’t be better for companies across all industries.

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Supply Chain Impacts from Russia-Ukraine Conflict

Logistics Viewpoints

I believe many of us are spending an abundance of time reading about the Russia-Ukraine war. For example, Volkswagen is halting production at two electric vehicle plants in Germany as a result of interruptions of components sourced from Ukraine. Its largest export markets are Russia, China, Germany, Poland, and Italy.

Ukraine 233
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Flexibility in the Face of Uncertainty

Freightos

Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supply chain.

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Ease the Burden of Labor Shortages and Increase Supply Chain Resiliency 

Logility

Organizations must use every means at their disposal to keep goods moving while at the same time preventing their most important resource – their talent – from jumping ship at an alarming pace. The labor supply is shrinking in Germany, Poland, Russia, and Japan, and contraction is expected to quicken. It’s time for decisive action.

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A New Era in Transport Logistics with Big Data and Self-Driving Trucks

Logistics Viewpoints

The biggest challenge in the transport sector today: there just aren’t enough drivers. Big data for real-time optimizations in transport logistics. By collecting and analyzing these large amounts of data, big data technologies can optimize transport journeys in real time. This is where big data technologies come into play.

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Concerns Abound for Europe and Germany’s Manufacturing Sector

Supply Chain Matters

The four largest European manufacturing economies, namely Germany, France, Italy and Spain , collectively remained at production contraction levels. The reported HCOB Germany Manufacturing PMI® for August was headlined with output levels falling at the fastest rate since May 2020, the height of the past global wide Covid-19 pandemic.

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This Could Be Scary: A Halloween Candy Shortage

Enterra Insights

The staff at Logility observes that holiday supply chains are stressed even during the best of times. Journalist Kimberley Laws writes, “With Halloween hiding just around the corner, you may want to grab your treats early. Last year consumers in the United States spent an estimated three billion U.S. ”[6].

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