Ethics Risk Management Supply Chain 
ivalua
JANUARY 8, 2023
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.
ivalua
SEPTEMBER 19, 2022
The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions. Assessing Risk across the Supply Chain.
Kluwer Arbitration
APRIL 19, 2024
Supply Chain Due Diligence (“SCDD”) laws, such as the German Lieferkettensorgfaltsgesetz , the recently approved EU Corporate Sustainability Due Diligence Directive , or the U.S. As an advocate for such laws, I recognise the urgent need to make supply chains fairer and more ethical.
ivalua
SEPTEMBER 26, 2019
Despite the general consensus that risk management is important, recent studies have found that many companies still have a long way to go and a lot of work to do…. The examples that Musk mentions in the video show that modern supply chains are becoming more global and more complex. Make Risk Management Part of DNA.
Tracker Intelligence
NOVEMBER 20, 2024
Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and risk management. Also, proper data analysis can help find potential hazards in the supply chain, sustain continuity, and reduce disruptions.
ivalua
SEPTEMBER 8, 2022
Originally published on Risk Management Monitor. Essentially every company that manufactures goods today depends on other companies to supply the raw or value-added materials that go into their finished products. Ivalua Supplier Risk and Performance Management Checklist.
Oxford College of Procurement and Supply
FEBRUARY 19, 2024
KPIs are popularly related to areas such as: On time delivery Amount of rejects Cost reduction Ethical conduct Sustainable approaches Lead times KPIs can be written to measure any aspect of supplier performance but must be relevant to the contract to add value. Early indication in this situation would be key to risk management.
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