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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. 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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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. Stay Updated on Regulations: Regularly review trade agreements, import/export rules, and labor laws. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., Coursera, Udemy).

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Safeguarding Your Supply Chain: Proven Strategies to Mitigate Risk and Maximize Agility

SCMDOJO

Consider this your business suddenly faces a major supply chain disruption. But the truth is, a fragile supply chain can make or break your companys success in today’s world. But the truth is, a fragile supply chain can make or break your companys success in today’s world.

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How AI and Automation are Transforming Manufacturing Supply Chains

Jaggaer

The Manufacturing Supply Chain Journey through AI and Automation Manufacturing Supply Chains Explained The manufacturing supply chain comprises all the processes a business uses to turn raw materials and components into final products that are ready to be sold to customers, whether these are consumers or other businesses.

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2020 Supply Chain Management Trends

EazyStock

Intro to 2020 Supply Chain Management Trends. Supply chains have lengthened and extended across borders, bringing a whole new host of opportunities and challenges. 2020 supply chain management trends will further these shifts. 2020 supply chain management trends will further these shifts.

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The Importance of Supply Chain in the Apparel Industry!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Apparel supply chain management is a key factor in determining the success of the apparel business. In any industry, an efficient supply chain is important to make the product reach the customer on time, and in optimum condition. Subscribe Here!

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The Impact of Audio Translation in Cross-Border Supply Chain Crisis Management

SCMDOJO

In the hyper-connected global economy of the present day, supply chains traverse continents, cultures, and myriad communication barriers. Having access to an audio translator can be the difference between quick resolution of issues and ballooning interruptions throughout the supply chain.