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Blog
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Solution
LkSG: The German Supply Chain Act
Understanding the German Supply Chain Law Requirements
Companies affected by the Supply Chain Law Germany need robust monitoring systems to identify and mitigate risks.
The law requires:
Comprehensive Risk Management Systems
Establish processes to identify and assess human rights and environmental risks
Regular Risk Analysis
Conduct annual and ad-hoc risk assessments across your supply chain
Preventive Measures
Implement policies and procedures to prevent violations
Remedial Actions
Take immediate steps when violations are identified
Grievance Mechanisms
Establish accessible complaint procedures
Documentation & Reporting
Maintain records and publish annual reports on due diligence activities
The Compliance Challenge for Businesses
How Prewave Ensures Supply Chain Act Germany Compliance
Complete Supply Chain Visibility
Automated Due Diligence
Workflows
Meeting Supply Chain Act Requirements
Through Automation
Why Choose Prewave
for Supply Chain Compliance Germany
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Implementation Process:
Getting Started is Simple
Results You Can Expect
80%
reduction in manual compliance work
95%
faster risk detection compared to traditional methods
100%
documentation of all due diligence activities
60%
improvement in supplier risk visibility
40%
reduction in compliance-related costs
Ready to Simplify Your
Supply Chain Act Germany Compliance?
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