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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. 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 supplychain.
We believe that a key pillar of this transformation is the supplychain. With such growth comes supplychain complexity. Shift towards self-contracting and self-distribution: With health systems gaining significant scale and wanting more control over their supplychain, this shift is accelerating.
How an agile SupplyChain drives a sustainable competitive advantage. As companies reassess their supplychains in light of the Covid-19 pandemic as well as growing pressure to improve sustainability, some lessons can be learned by taking a look back. Zara’s SupplyChain Approach. Zara & fast-fashion.
What are Green SupplyChain Strategies? A recent survey that Ivalua did in the UK, “ Gaining the green view, How smart procurement can kick-start sustainability initiatives ” showed that 87% of UK businesses see “greener” supplychains as a competitive advantage. How to address Green SupplyChain Management?
Like every industry Procurement & SupplyChain software vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. The post Procurement & SupplyChain Experts lined up for Ivalua NOW Virtual 2020 on May 5th!
But for businesses of just about every type, the disruptive impact of the epidemic was something more ominous: It presented an existential threat to their survival. Without an intact supplychain, a manufacturing business will starve for key inputs into its production process. A retailer will have empty shelves.
SupplyChain Transformation is ongoing but never more important than in 2021. SupplyChain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supplychains. What Will Impact Procurement Processes in 2021?
David Drabkin Dave Drabkin and Chris Yukins’ presentation , drawing on their report on debarment for the Acquisition Innovation Research Center, addressed convergence of the contractor exclusion/debarment systems in the United States and the European Union. systems.
About the Trainer This webinar is presented by Sharon Croome (FCIPS, WCC-CCME, WCC-SRMP). A Fellow of CIPS , an accredited member of World Commerce & Contracting (WCC), Sharon brings over 30 years of experience in Commercial, procurement and supplychain, especially associated with public sector procurement.
From plans to reduce regulatory burdens to strengthening the Buy American initiative and enhancing supplychain security, these shifts may present both opportunities and challenges. This article explores how these anticipated policies might impact contractors and offers strategies to align with these changes effectively.
On October 5, 2023, the Federal Acquisition Regulatory Council (FAR Council) issued an interim Federal Acquisition Regulation rule (FAR rule) that implements the Federal Acquisition SupplyChain Security Act (FASCSA). Further detail on these procedures is described in our client alert of the interim rule available here. [1]
On February 12 Ivalua hosted Senior Procurement and SupplyChain Professionals gathered for an Exclusive Dinner on the 34th floor of The Gherkin with F1 Veteran and Status Grand Prix Founder, Mark Gallagher. Lessons from the evening’s discussion: Supplychains have more resources and expertise than any single company.
Supplychains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supplychain and your customers’ end markets. How can you create a more efficient supplychain and gain a better understanding of overall performance?
In my last blog post, “ Will your supplychain lead in the next decade? ,” I talked about Gartner’s first-day focus at their SupplyChain Executive Summit in Phoenix, Arizona. This is an especially important message for manufacturers’ supplychain organizations.
SupplyChain 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 supplychains fairer and more ethical.
On October 5, 2023, the FAR Council released an Interim Rule on “ Implementation of Federal Acquisition SupplyChain Security Act (FASCSA) Orders.” Government supplychain as directed by the Federal Acquisition Security Council (“FASC). In August 2021, the FASC issued a Final Rule adding a new 41 C.F.R.
In our survey, Heads of Procurement ranked supplychain fair labor practices (68% of respondents) and preventing bribery and corruption (52%) as a high priority in their CSR endeavors. Their supplychain partners’ capabilities and activities must also be considered. Strategies to Improve Sustainability in Procurement.
Close VP, Solution Architecture, Federated Wireless Chad Jones × Chad Jones Global Government SupplyChain & Procurement Lead Chad Jones is the Global Government SupplyChain and Procurement Lead for KPMG.
Premier event for procurement & supplychain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. Registration is free for procurement, finance and supplychain practitioners and can be done online at Ivalua’s website. Redwood City, CA.
Each of their presentations was on-point and contained valuable insight by openly sharing best practices and candid conversations about their maturity journey. The post Are you a SupplyChain Visionary Vick or Laggard Larry? Recently I attended a conference for Strategic Sourcing in the medical device manufacturing sector.
Procurement and supplychain teams will play a crucial role in making this vision a reality. When businesses start sourcing local goods and services, they are presented with new opportunities to network and form strong bonds with local business owners.
The total costs, in terms of human lives, disrupted supplychains, ruined businesses and GDP impact, are still just projections in the array of charts presented daily by statisticians and data modelers. There are, however, already some clear lessons to be learned by Procurement and SupplyChain leaders.
And at the same time, we’re seeing this growing swell of compliance costs, whether it be cybersecurity, increasing audits, supplychain regulations that are all creating an environment where doing business with the federal market is actually getting more expensive and the barriers are going up.
Blog » Procurement on the Thames: Ivalua’s London Summer Symposium June 26, 2023 | | Thought Leadership by Eloise Barnum As businesses navigate through supplychain disruptions, high inflation, and sustainability initiatives, procurement, and supplier management has taken center stage in driving change.
Chemicals used in energy storage technology are often sourced or processed in places and countries that can present ethical — as well as geopolitical — challenges. The initiatives are the latest effort by the Energy Department to help develop cleaner energy technologies with with more secure supplychains amid the race to stop climate change.
We remain committed to this mission at the upcoming Spring Training Conference, ensuring that attendees leave with comprehensive updates on acquisition policies, programs, and initiatives in subjects like artificial intelligence (AI), cybersecurity, the medical supplychain, and much more. We look forward to seeing you in May!
As more public policy objectives make their way into the world of acquisition — supplychain, cybersecurity, sustainability, domestic and socioeconomic sourcing requirements, to name a few — GSA is trying to bake those into acquisition vehicles up front so agencies have an easier time complying. .
CTA April 28, 2023 | | SupplyChain by Vishal Patel Cost, Risk, and Sustainability. A recent webinar hosted by SupplyChain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives.
Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | SupplyChain by Vishal Patel Cost, Risk, and Sustainability. According to SupplyChain Now’s Greg White, the cracks have been exposed and there is nowhere to hide.
Close VP, Solution Architecture, Federated Wireless Chad Jones × Chad Jones Global Government SupplyChain & Procurement Lead Chad Jones is the Global Government SupplyChain and Procurement Lead for KPMG.
Several private sector organisations will also be exhibiting on the day, including Aberdeen Airport, Balfour Beatty, Bam Nuttall, Clark Contracts, hub North Scotland, and Vattenfall, to discuss upcoming projects and supplychain opportunities in the North of Scotland.
Healthcare supplychain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere , a healthcare supplychain GPO based in St. To learn more, visit www.intalere.com.
As the manufacturer’s pool of suppliers grew, they also segmented their supply base by how much they spent with each, their overall value contribution, and how critical the supplier was to their supplychain. But in today’s increasingly more complex supplychain, this single perspective view is not enough.
In the latest Procurement Leaders Report and Survey , we ask top-performing CPO’s how they’re prioritizing data-enabled supplychain visibility–and the changes that need to be made. By taking steps now to improve supplychain visibility, procurement teams can position their organizations for success in the years to come.
Amid the pandemic in 2020, I was spending a great deal of time comparing notes with colleagues (past and present) about how their supplychains were faring, as well as canvassing thought leadership and talking to current and potential customers about how our solutions could help with their supplier risk and management challenges.
Effective procurement practices allow the establishment of a closed-loop circular supplychain that helps deliver more efficiency, from end-to-end and supports the formalisation of different services, including e-waste management, recycling, resource sharing, and supplier regulatory development.
Supplychains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supplychain and your customers’ end markets. How can you create a more efficient supplychain and gain a better understanding of overall performance?
Healthcare supplychain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. New York, NY March 30, 2020 – Consus , a leading procurement services provider, today announced that Intalere, a healthcare supplychain GPO based in St. To learn more, visit www.intalere.com.
Premier event for procurement & supplychain practitioners will showcase latest technological innovations and extensive line-up of industry leaders. Registration is free for procurement, finance and supplychain practitioners and can be done online at Ivalua’s website. Redwood City, CA.
Sustainable Procurement is changing how businesses acquire the resources they need and how they make careful choices in ‘greening’ their supplychains. About The Trainer This webinar is presented by Sharon Croome (FCIPS, WCC-CCME, WCC-SRMP). But is it just about environmental credentials?
I then had the opportunity to put some of my learning into practice, working through a Procurement People of Tomorrow (PPoT) case study, researching and presenting my own procurement project, analysing the procurement process of a major UK retailer.
Ivalua has announced the findings of a worldwide survey of supplychain, procurement and finance business leaders, on the status of their digital transformations, the obstacles encountered and keys to success. The study results will be presented in a webcast scheduled for 10:00 Eastern Time on May 29, 2019. About Ivalua.
This includes supplier information management, supplychain risk management/mitigation, and supplier performance management. Ensuring continuity of supply is far more critical when a supplier is a strategic partner and difficult to replace. There are cases, however, where physicians need to have additional selection authority.
It was quite a coup to get Futurist Nancy Giordano (check out her Tedx ) at the event, and she presented on “Navigating the big shift” No-one will deny that we are entering an age when who knows what will happen, and we need to think and act differently on every level. Over 20 customers presented their stories during the overall event.
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