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What does the German Supply Chain Act Mean for Procurement?

ivalua

What Lieferkettengesetz Means for Procurement? The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. By Jan-Hendrik Sohn. Fines of up to €8 million .

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Supply Chain Compliance is About to Get a Whole Lot Tougher

Logistics Viewpoints

In January 2023, the Germany Supply Chain Due Diligence Act will come into effect, requiring businesses to monitor supply chains for human rights violations and compliance with environmental standards. The act will apply for companies with a corporate or branch office in Germany or a German workforce of at least 3,000.

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KION Group AG Transforms Procurement Processes with QAD SRM

QAD

Based in Frankfurt, Germany, KION is a global leader in material handling equipment and supply chain solutions. Despite its success, KION faced significant challenges in managing its extensive supplier network and procurement processes. This approach was increasingly insufficient for a company of its scale.

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Reputational Dependencies in the Supply Chain

SCM Research

Practice Procurement Relationship Supply Chain Integration Supply Chain Management Supply Chain Risk Management Triad' Stiftung Warentest conducted tests on Ritter’s hazelnut chocolate. It demonstrates that reputation is a strategic asset and reputational dependencies exist in the supply chain.

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Under Pressure, Will Procurement Take Performance Higher in 2023? 

ivalua

Under Pressure, Will Procurement Take Performance Higher in 2023? . Procurement and supply chain teams have been trying to hold the line against macroeconomic and global market forces that have been pushing hard against them for nearly three years. Procurement and supply chain teams are under constant pressure. “Our

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Improving Efficiency and the Customer Experience with QAD Supplier Relationship Management

QAD

Insights from a Former Procurement Manager People often ask me why I left FORVIA, a French global automotive supplier, to join QAD. As organizations strive to remain competitive, the need for efficient procurement processes has never been more critical.

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Procurement Leading Pharmaceutical Companies Through the Pandemic

Jaggaer

From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. They are advised to c arry out a thorough risk assessment and adjust their supply chain management risk operating model and procurement strategy.