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What Lieferkettengesetz Means for Procurement? The German SupplyChain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. Its scope is initially limited to companies (German or foreign-based in Germany) that employ at least 3,000 employees.
In January 2023, the GermanySupplyChain Due Diligence Act will come into effect, requiring businesses to monitor supplychains for human rights violations and compliance with environmental standards. Germany has the fourth largest economy in the world, so many multinationals will be affected by this.
The move amounts to a weaponization of the Periodic Table and highlights a strategic vulnerability that could disrupt defense and industrial supplychains. Exiger is the only company capable of identifying the holistic supplychain impacts of critical minerals from technical data packages.
It demonstrates that reputation is a strategic asset and reputational dependencies exist in the supplychain. Practice Procurement Relationship SupplyChain Integration SupplyChain Management SupplyChain Risk Management Triad'
For more than a year, global supplychains have been buffeted by one major disruption after another. The surging Delta virus, devastating floods in China and Germany and cyber attacks on South African ports are amongst the latest in a series of events that continue to send shock waves throughout the system. The impact?
Running a business in today’s environment is increasingly complex, with supplychain challenges, geopolitical tensions, evolving regulations, and other disruptions becoming standard. Based in Frankfurt, Germany, KION is a global leader in material handling equipment and supplychain solutions.
RESEARCH TRIANGLE, NC, March 20, 2025 Rittal, one of the world’s leading system providers of electrical enclosures, power distribution, climate control, IT infrastructure, software and services, has confirmed JAGGAER for its procurement processes. Over time, the use of the software was gradually extended to other modules.
Businesses must start looking to the supplychain to ensure this renewed focus on transparency and accountability. The new Ivalua 2021 Supplier Sustainability Report surveys suppliers across the UK, France, Germany and Switzerland, examining how collaboration can boost environmental initiatives.
Mathias is a supplychain expert with significant experience in industrial engineering, logistics, inventory management and procurement at such companies as Amazon, Infineon, Tech Data and of course, Ratioform, where he started as the Head of Procurement in 2018 and is now the Director of Operations.
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.
What do the Germany World Cup Team and the Boston Red Sox have in common? Several customers addressed those questions in excellent case study presentations: Dr. Bernhard Herzog, Oxea GmbH – “Business Impact of a SupplyChain Operating Network”. SupplyChain Operating Networks Accelerate Business Cycles.
Under Pressure, Will Procurement Take Performance Higher in 2023? . Procurement and supplychain 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 supplychain teams are under constant pressure. “Our
The global not-for-profit organization CDP (formerly the Carbon Disclosure Project) has published a report: SupplyChain Sustainability Revealed: A Country Comparison. The report reveals that suppliers in France, the UK, Spain and Germany are identified as the most sustainable ones, whereas suppliers in China, Italy and the U.S.
The supplychain management market is troubled and needs some excitement. The product, a licensed offering, was designed to enable a “rapid response” of what-if analysis in material-centric discrete supplychains. The battle lines to build inter-enterprise supplychain solutions are drawn.
In Lora Cecere’s SupplyChain 2020 study, the Internet of Things (IoT) was considered one of two disruptive technologies with the greatest potential impact on supplychain effectiveness, above technologies such as 3D printing and robotics. Editor’s note: Due to the upcoming holidays, this will be our last blog for 2018.
The staff at SupplyChainBrain notes, “A [2022] report from DispatchTrack, a specialist in last-mile delivery software, reveals that the majority of supplychain organizations surveyed in October and November — 77% — claim to be prioritizing sustainability or to have plans to prioritize it in the coming year.”[1]
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. Some 48 active pharmaceutical ingredients (APIs) vital to the pharma supplychain are sourced from the central province of Hubei.
Are you considering a career in supplychain management? In this article, we will explore the wide range of salaries in supplychain management, from entry-level positions to executive roles for each region. Supplychain management is a rapidly growing industry. Curious about the salaries to expect?
However, for supplychain professionals, it will also be remembered as a summer of environmental, social and governance (ESG) legislation. Last year, Germany passed its Act on Corporate Due Diligence Obligations in SupplyChains. Also slated for 2023, is the EU SupplyChain Law. Weigh up risks.
Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. Procurement at the pivot point. Clear steps to sustainable procurement. A quick look at the regulatory landscape.
The study, conducted by Coleman Parkes Research, surveyed 300 suppliers across the UK, France, Germany and Switzerland to explore labour standards throughout the supplychain. The responsibility to tackle unethical labour practices extends to the entire supplychain, from buyers all the way to downstream suppliers.
The Global Procurement & SupplyChain Management for Oil And Gas Industry 2016. Venue: Intercontinental Berlin, Germany. Date: 11-12 April, 2016. Organizer: Magvoy Energy – MagVoyages ltd. Url: [link].
Then, executives need supplychain technology to stay ahead of the game. Markus Rosemann, Vice President for Logistics and Order Fulfillment, SAP There is a great opportunity for technology to relate massive amounts of data from sensors, telematics systems and RFID tagged items in the SupplyChain and Logistics industries.
The research, conducted by Coleman Parkes, surveyed 300 suppliers across the UK, France, Germany and Switzerland, to examine supplier relationships with their buyers. The findings show late payments are having a knock-on effect across the supplychain. About the study.
The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supplychain has become an unmissable element for every company in today’s business climate (Namulo, 2017).
Subscribe to SupplyChain Game Changer. 10 Vital SupplyChain Lessons from the Coronavirus Pandemic! France and Germany also extended their support with the supply of emergency medical equipment. While Germany offered help in setting up mobile oxygen production plant and provided 80 million K95 masks.
EPE – European Procurement Excellence. Venue: Hotel Atlantic Kempinski Hamburg, Hamburg (Germany). Providing procurement value in a complex world. In a world in which procurement is emerging as the key value driver for maintaining a company‘s competitive edge, the role of CPO is becoming more strategic. URL: www.bme.de/en/all-events-en/epe/.
Businesses must start looking to the supplychain to ensure this renewed focus on transparency and accountability. The new Ivalua 2021 Supplier Sustainability Report surveys suppliers across the UK, France, Germany and Switzerland, examining how collaboration can boost environmental initiatives.
Global automaker Volkswagen is reportedly aiming to consider either vehicle or supplier factory closures in its home country of Germany. CEO Oliver Blu me reportedly indicated in a statement : “ Germany as a business location is falling further behind in terms of competitiveness. based assembly plant near Pittsburgh.
SupplyChain Matters provides readers with December 2024, Q4-2024 , and year-end global supplychain assessments as reported by various global wide PMI reporting. Both are key indicators to future supplychain momentum or growth. The separate HCOB Germany Manufacturing PMI ended 2024 at a value of 42.5
SupplyChain Matters provides highlights and added commentary to this week’s reporting from Kinaxis of Q3-2024 financial performance along with new executive appointments. Within the Industrial sector, customer wins included Germany based Krones AG and Japan based Nippon Seiki. million, a 12 percent year-over-year growth.
50 th Symposium Procurement and Logistics. Location: InterContinental, Berlin (Germany). Register today and travel to Germany‘s capital to THE meeting place for specialists and managers from purchasing, SupplyChain Management and logistics. More than 2,200 decision-makers from procurement, SCM and logistics.
Germanys debt reform announcement and the impact it has had on the interest rate on 10-year German bonds (increasing by almost 0.5% Very often, these scenario analyses are still done in silos by sales, procurement, and finance, often involving home-grown spreadsheet solutions. And reconfiguring supplychains comes with its own costs.
The study also highlights that most organisations are not communicating across the supplychain to drive green initiatives. The research, conducted by Coleman Parkes, surveyed suppliers across the UK, France, Germany and Switzerland to examine how collaboration can boost environmental initiatives.
The company has faced sourcing constraints as a result of the war in Ukraine, causing the company to rely on second sourcing capabilities for its mustard procurement. However, McCormick executives have said the company will raise prices during the second quarter, amid cost pressures from rising inflation and supplychain issues.
The article presents findings from a survey conducted across over 200 global supplychain professionals to highlight how the pandemic has increased the need for freight market intelligence and how it continues to be relevant even as supplychain issues resolve. While this isn’t news to me, the importance it took on was.
Across twenty additional countries, Amazon’s other centers are predominantly focused on fulfillment and delivery stations while some countries, like Italy, the UK, Germany, France, Spain, Singapore, and Japan also have Prime delivery facilities. Five years of supplychain product experience and a MBA or SupplyChain Masters, is required.
Every Friday on Talking Logistics, I share a list of supplychain and logistics news that caught my attention that week, along with some brief commentary and analysis. And just last week, the Blockchain in SupplyChain Alliance (BiSCA) was announced , with a focus on procurement, planning, warehousing, and transportation processes.
Check out What is Virtual Procurement and Why Should You Care? Where is procurement, outsourcing, sourcing, supplychain, and purchasing going? Secondarily, we will include information from other procurement professionals and procurement firms about their experiences, what they forecast, and what they are seeing.
Most recently, the recent disruptions in the Red Sea that saw ocean freight rates from China to Europe by over 190% and saw transit times lengthen, sea-air services offered a strategic advantage for logistics professionals able to remain agile, by watching trends and jumping at opportunities to ensure a resilient supplychain.
RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.
Costas Xyloyiannis, CEO of HICX, discusses how organisations can achieve sustainable procurement with strong supplier partnerships. For example, in Germany, the new SupplyChain Act will mean that companies with 3,000 employees or more will be accountable for any exploitation of workers in their supplychains.
For example, in Germany, the new SupplyChain Act will mean that companies with 3,000 employees or more will be accountable for any exploitation of workers in their supplychains. By Costas Xyloyiannis, CEO of HICX.
The study also highlights that most organisations are not communicating across the supplychain to drive green initiatives. The research, conducted by Coleman Parkes, surveyed suppliers across the UK, France, Germany and Switzerland to examine how collaboration can boost environmental initiatives.
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