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What does the German Supply Chain Act Mean for Procurement?

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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. In Germany, this figure amounts to approximately 3,000 companies and requires them to conduct due diligence to identify and address potential risks in their supply chain.

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Supply Chain Department – A Typical Structure

SCMDOJO

In today’s fast-paced business landscape, having an efficient supply chain department is more important than ever. A streamlined supply chain can make a significant impact on the overall success of a business, improving operational efficiency, increasing customer satisfaction, and driving revenue growth.

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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.

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Overcoming Procurement Challenges with Procurement Outsourcing Services

Empowering CPO

Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye toward sustainability and social responsibility. Managed Procurement Services provide the much-needed support businesses require to navigate the complex procurement landscape efficiently and effectively.

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Overcoming Procurement Challenges with Managed Procurement Services

Empowering CPO

Companies, regardless of size and industry, need to source goods and services efficiently, cost-effectively, and with an eye towards sustainability and social responsibility. Managed Procurement Services provide the much-needed support businesses require to navigate the complex procurement landscape efficiently and effectively.

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How Europe is Coping with Supply Chain Disruption

Jaggaer

This is perhaps an extreme example, but it highlights how COVID-19 is causing severe disruptions to supply chains. The broader issue is that border controls and travel bans limit the ability of supply managers to identify and qualify new suppliers. Coronavirus will lead to permanent changes in global supply chains.”.

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How to Establish Your Brand in Food Importing and Exporting!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Common Mistakes in Importing and Exporting! Food importing and exporting article and permission to publish here provided by Emma Wilson. More business people shift their focus to the food commodity import and export. Guide For Exporting Food Products. Subscribe Here!

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