The German Supply Chain Act (Lieferkettengesetz, or LkSG) will come into effect on January 1st, 2023.
Creating and implementing a code of conduct enables companies to prevent some supply chain risks and safeguard their reputation. It can even translate into a competitive advantage when scouting for a proper supplier.
The pandemic was just one of many disruptions affecting supply chains in 2021. In this post, we will explore a few more—as well as the cause and effect of each.
As supply chain disruptions increase in frequency, here are 7 steps you can take to future-proof your organisation—and achieve resilience.
Traditionally viewed as a cost centre, the supply chain has since become essential to business operations, efficiency, and long-term profitability—which means that anything that might disrupt the supply chain is a direct threat to the business as a whole, making supply chain resilience all the more important.