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Navigating the Complex Landscape of ESG and Forced Labor Regulations: Insights from IBM’s Conference

Logistics Viewpoints

This regulation, which will be fully enforced starting December 14, 2027, requires companies to ensure their supply chains are free from forced labor at all stages of production. When both regulations are in effect in 2027, the corporate supply chain within which we currently work will be transformed.

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New Study Shows Global Trade Compliance Is Not Slowing Down Any Time Soon

Logistics Viewpoints

Set for full enforcement starting December 14, 2027, it requires companies to ensure that all stages of their supply chains are free from forced labor. By 2027, when both the UFLPA and FLR are fully operational, the global supply chain landscape will have transformed significantly. from Canada and Mexico.

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2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. Sourcing and Procurement In sourcing and procurement, the top focus area for 2024 continues to be supplier/vendor relationship management (SRM). With the continued challenges facing supply chains, that is no surprise.

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Corporate Sustainability Due Diligence Directive (CSDDD): Addressing the Entire Value Chain

Logistics Viewpoints

The CSDDD will be phased in over an extended time, starting in 2027 companies with 5,000 employees and a 1.5 Source: Deloitte The CSDDD is still awaiting final approval, but the core due diligence steps will require companies to identify potential, and actual adverse human rights and environmental impacts.

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The What, Why and How of Total Procurement Orchestration

By 2027, Gartner predicts that 40% of sourcing will be handled outside of the procurement function. How can procurement pros ensure that the process is efficient and unified for all users? For a synchronized and democratized approach to procurement, leaders are embracing total procurement orchestration solutions.

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­Driving decarbonization with technology

Taulia

Additionally, the UK plans to implement its own Carbon Border Adjustment Mechanism (CBAM) by 2027, aligning with the EU’s approach to addressing carbon leakage. Companies can pull in master and transactional data from SAP S/4HANA Cloud and integrate supplier data and third-party sources.

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Digital Product Passport’s Impact on the Battery Industry

Arena Solutions

2 By 2027, batteries must comply with maximum carbon footprint thresholds, which will tighten over time to push manufacturers toward more sustainable production processes and to encourage a circular economy. According to the latest forecast, the battery industry is expected to have their passports ready by February 2027.