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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.
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?
Mathias takes us through Ratioform’s journey from manual planning to an automated system that could adapt to uncertainty. The following transcript was created using a combination of automated and human transcription. Ratioform is basically Germany’s leader within the packaging industry. Mary Vasile: Absolutely.
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.
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.
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. The next posting will be on January 8 th , 2019.
Then, executives need supplychaintechnology to stay ahead of the game. But what technologies we should pay attention to? Onge Company Game changing technologies in the supply run from the immediate, to the near-term, to the futuristic, but there are some clear examples in each.
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”. Bernhard Herzog, Oxea GmbH – “Business Impact of a SupplyChain Operating Network”.
She cannot count the number of SCM software acquisition announcements that promised 1+1=10. Very few software acquisitions reach their potential. The supplychain management market is troubled and needs some excitement. This licensed software offering was purchased at slightly under 3X revenues. The race is on.
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.
Germanys debt reform announcement and the impact it has had on the interest rate on 10-year German bonds (increasing by almost 0.5% By leveraging these technological capabilities, businesses can make informed decisions and proactively adjust their operations to minimize the impact of tariffs. in just a few days) is a perfect example.
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.
According to the website, its debut vehicle, the 21C, is designed by both human and AI technologies and uses a hybrid powertrain system which combines a twin-turbo 2.88-liter While all of this technology sounds pretty amazing, it should be said that this type of performance comes with a price tag. The Czinger 21C costs $1.7
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.
Companies that move fast and act smart now can stay ahead of due diligence legislation, mitigate supplychain risk and gain a competitive advantage in the process. As I explained in a recent article on Supply & Demand Chain Executive , organizations that leverage supplychain digitization will be the most likely to succeed.
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).
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.
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]
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
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 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.
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.
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.
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?
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. Let’s Talk About Boats, Ships, and Trucks. Team Analysis.
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.
Affected by changes in production, procurement and distribution methods, warehousing has continually been pushed and pulled in different directions. On the other hand, offshoring growth has fuelled the need for warehousing as part of the elongated supplychain. Technological Advances and Benefits.
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.
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.
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
Last week, SAP announced the roadmap for its cloud applications business (Software-as-a-Service), focusing on managing customers, suppliers, employees, and financials, in addition to its cloud suite offerings SAP Business ByDesign and SAP Business One. Germany: +49(0)89 1214 00699. Germany: +49(0)89 2030 3201.
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.
Prior to that, Phil held a variety of other logistics roles in both Germany and the United States. Shippers are getting better visibility into freight forwarding right across the value chain of Quoting > Booking > Transporting > Delivery > Billing. Global supplychains are increasingly complex.
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.
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.
Great career opportunity for a SupplyChain Director with a proven track record in new product introductions and successfully delivering complex supplychain projects within a high tech environment! Global SupplyChain Director. Your role as Global SupplyChain Director.
The Jetsons” invited its viewers to envision the incredible possibilities that the current wave of technological innovation could one day materialize—from robotic maids, flying cars, smartwatches, and video calls, to flat-screen TVs—all commonplace by today’s standards. billion in 2022 to USD 28.3 billion by 2030.
Our SupplyChain Matters This Week in SupplyChainTechnology column reflects a number of significant recent announcements that depict an ongoing active cycle of tech developments. Updates included in this edition include: Coupa Software Entering Definitive Agreement to be Acquired. billion in October 2020.
Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supplychains and B2C purchasing decisions. Sustainability Is The Cornerstone Of Manufacturing Competitiveness.
The SupplyChain Matters blog features its latest full edition of This Week in SupplyChainTechnology. This column serves as a news capsule of specific developments occurring in the supplychaintechnology sector. Our prior full edition of this column was published on January 19 t h.
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.
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