article thumbnail

Mitigating Supply Chain Risk Management in the Wake of the Global Food Crisis

Value Match

During May, India announced its wheat export ban after a season of exceptional hot weather affected their crop sending domestic prices soaring. The India Commerce Minister, Piyush Goyal defended the ban by insisting that India wasn’t a major wheat exporter and therefore global markets shouldn’t be affected.

article thumbnail

What does the German Supply Chain Act Mean for Procurement?

ivalua

Export and import of certain hazardous wastes. In compliance with the Act, companies are required to implement a supply chain management system that adequately identifies and mitigates risks, conducts reporting and creates remediation mechanisms. Fines of up to €8 million .

professionals

Sign Up for our Newsletter

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

article thumbnail

Supply Chain Department – A Typical Structure

SCMDOJO

Risk Management The department can proactively identify and address potential risks in the supply chain, such as material shortages, natural disasters, or political instability. Import / Export Lead Overseeing import/export operations, including documentation, customs compliance, and shipping arrangements.

article thumbnail

Case Study: BNP Paribas

Skill Dynamics

BNP Paribas and Skill Dynamics also worked together to set up a data export allowing the bank to upload its procurement learners’ progression on its internal learning platform which holds the information for all employees, allowing them to monitor learners’ progression in live with other teams. 84% of respondents liked the eLearning.

Export 52
article thumbnail

Trade Wars Put U.S. Small Business on the Front Line

Supply Chain Brain

These investments are now at risk. Of the nearly 73,000 manufacturing firms in the United States that exported in 2015, more than 70,000 (or 96.4 production being exported, trade policies have a broad impact on virtually everyone in the supply chain. While 90 countries have export support, the Ex-Im Bank in the U.S.

Export 40
article thumbnail

Current Events Impacting Procurement

Una

A self-described “optimist with a raincoat,” risk management is a topic close to Kris’s heart. Macro events like the war in Ukraine to bird flu impacting chicken production and India halting several exports all impact supply chains exponentially. Current events impacting procurement around the globe.

article thumbnail

ProcureTalk: Geraint John from Interos

Procurement Software

He heads up the resilience lab at Interos , an enterprise risk management software solution. Managing risk in complex supply chains: Geraint John from Interos We’re going to be talking a little bit about supply chain risk and resilience, especially with some of the geopolitical challenges that we’re currently facing.