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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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Germany Raises the Stakes on Corporate Social Responsibility with Supply Chain Due Diligence

Logility

Beginning on January 1, 2023, Germany’s Act on Corporate Due Diligence in Supply Chains (Supply Chain Due Diligence Act) will come into effect, taking aim at social and environmental issues arising in global supply chains. But by 2024, smaller companies with as few as 1,000 employees will also be required to comply.

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How is the Logistics Economy Holding Up?

Logistics Viewpoints

The report for August (released in late September) shows negligible changes in the aggregate. Manufacturing Purchasing Managers Indexes The J.P. In contrast, the overall manufacturing PMI for the Eurozone was quite weak with Germany and Austria reporting the lowest levels. The HCOB Germany PMI , which registered 39.6

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Supply Chain & Logistics News September 2nd – 6th

Logistics Viewpoints

These clothing companies have revolutionized how consumers purchase, wear, and dispose of their clothing. First, in the early 2000s, advancements in data analytics, RFID, and localized supply chains fueled the rise of “fast fashion.” Ulula utilizes analytics to improve the working conditions for workers across global supply chains.

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Insights from Elemica reveal 2014 Frankfurt

Talking Logistics

What do the Germany World Cup Team and the Boston Red Sox have in common? Ralf Kahre and Patrick Gött began their presentation with an overview of BASF’s Business Process Management (BPM) Operating Model, and then discussed how they applied the model to improve the Purchase-to-Pay (P2P) process.

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This Week in Logistics News (October 1 – 7)

Logistics Viewpoints

Earlier this week, I read a sobering report from the national Retail Federation (NRF) regarding shrink. The recently released National Retail Security Survey shows that total shrink in 2021 reported by retailers is now almost a $100 billion problem. Most reported in-store, e-commerce, and omni-channel fraud are all on the rise.

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E2open Acquires icon-scm: Five Reasons Why You Should Care

Supply Chain Shaman

SAP company passed on a thirty-day period of first refusal to acquire the asset allowing the purchase by E2open on July 31st, 2013. This licensed software offering was purchased at slightly under 3X revenues. Based in Germany, icon-scm and the company leadership team was driven by a very product-based mentality.