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What does the German Supply Chain Act Mean for Procurement?

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What Lieferkettengesetz Means for Procurement? 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. For procurement organizations, the German Supply Chain Act presents both challenges and opportunities.

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Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know

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Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

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Zara – The Benefits of Agile Procurement / Supply Chain

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How an agile Supply Chain drives a sustainable competitive advantage. As companies reassess their supply chains 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 Supply Chain Approach.

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New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives

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REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spend management cloud solutions , has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. About Ivalua.

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‘Emission’ Impossible – What are the 4 Steps to Ensuring Supply Chain Sustainability?

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In recent years, sustainability has increasingly become a top priority for many organisations. Businesses must start looking to the supply chain to ensure this renewed focus on transparency and accountability. Yet currently, this line of alignment on green initiatives does not exist between many across the supply chain.

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Supply Chain Innovation + Automation: How Körber is Positioning Procurement for the Future

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The global supply chain is undergoing an incredible transformation that will change the way we do business. Today, organizations are looking to build supply chain resilience and maximize opportunities for growth as we pivot and prepare for unexpected global events. . Körber at a Glance…. 2B EUR Revenue in 2021.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

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How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy. The key for procurement teams is to stay ahead of inflationary trends so they can anticipate needs and adjust accordingly before problems arise.

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