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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. For procurement organizations, the German Supply Chain Act presents both challenges and opportunities.

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Managing Supply Chain Disruptions: U.S., U.K. Manufacturers Accelerate Procurement

ivalua

Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supply chain.

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

The global supply chain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global Supply Chain Pressure Index fell to the lowest level since November 2008. However, variability and global unrest is rising.

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CSR Initiatives in the Global Supply Chain

The Logistics & Supply Chain Management Society

The global supply chain industry has by default, a large environmental impact, through its carbon footprint. As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. We are committed to preparing the supply chains of the future.

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GEP Outlook 2022

Supply Chain & Procurement: Key Trends, Challenges and Opportunities. Supply chain and procurement leaders need to know how to navigate an altered playing field and rethink their approach in 2022 in a never-normal world.

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The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

In today’s dynamic and unpredictable business environment, companies face various challenges such as changing consumer demands, global uncertainty, and the impact of natural and man-made events. The purchasing of products at companies can be looked at in terms of two major dimensions: supply risk and impact on production (Figure 1).

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Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supply chain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.

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GEP Outlook Report 2024

Procurement and supply chain leaders have faced their share of disruption and economic turmoil these past four years. Despite this, leaders are seeing a glimmer of light at the end of the tunnel — inflation is decreasing, interest rates are leveling off and supply chain volatility is easing.

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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.

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10X the Impact - Why Procurement and Supply Chain’s Marathon Needs to Become a Sprint

Speaker: Helen Mackenzie - Head of Community Outreach at Art of Procurement

It feels like procurement and supply chain has been on a transformation journey for decades, a marathon with no finish line in sight. Join us as Helen Mackenzie fires the starting pistol on the heat that could determine procurement and supply chain’s fate: the race to 10x the impact.

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Building Supply Chain Resilience in the Real World

Speaker: Kelly Barner - Co-Founder & Managing Director of Buyers Meeting Point, LLC

Since 2020, procurement and supply chain professionals have faced an unprecedented set of challenges. Global inflation is at record highs and the Great Resignation has given way to the Great Reshuffling, leading to uncertainty in talent markets. The pandemic was just the start. What will 2023 bring?

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The Pandemic Crisis Management Handbook for Procurement Managers

The COVID-19 pandemic has left a huge negative impact on the global economy. At these uncertain times, the c-suite alone cannot prepare an organization for this pandemic, there is much that procurement leaders can do to lessen the impact.