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What does the German Supply Chain Act Mean for Procurement?

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The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. In Germany, this figure amounts to approximately 3,000 companies and requires them to conduct due diligence to identify and address potential risks in their supply chain.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

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Ivalua Blog [ivory-search] Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience February 8, 2023 | | Manufacturing by Doug Keeley In the face of an unprecedented global crisis, Procurement stepped up to become a crucial driving force for business continuity. Work to achieve 100% supply chain visibility.

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Managing Supply Chain Disruptions: U.S., U.K. Manufacturers Accelerate Procurement

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Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supply chain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supply chain.

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The Role of Supplier Collaboration in ESG and Supply Chain Resilience

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The post The Role of Supplier Collaboration in ESG and Supply Chain Resilience appeared first on Ivalua.

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The Role of Supplier Collaboration in ESG and Supply Chain Resilience

ivalua

The post The Role of Supplier Collaboration in ESG and Supply Chain Resilience appeared first on Ivalua.

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80% of UK businesses say Brexit caused the biggest supply chain disruption in the last 12 months

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83% fear the biggest disruption from Brexit is yet to come, while increasing supply chain disruption caused revenues to drop by an estimated 18%. Increasing supply chain disruption meant that 28% of UK businesses lost revenue in the last 12 months, with these businesses estimating an average drop in revenue of 18%.

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5 Strategies to Establish Supply Chain Continuity

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Get up to speed with the newest changes and learn what it takes to enable effective, scalable supplier collaboration –including how to reduce risk, improve supply chain visibility, and build operational resilience and responsiveness. Ivalua’s latest eBook is the foundation for a smarter, more resilient supply chain.