Navigating Tomorrow: Supply Chain Risk Trends & Challenges in 2024
In this blog post, we’ll explore the emerging trends in supply chain risk management that businesses should be aware of to stay ahead in the coming year, along with the challenges they might encounter.
Mastering LkSG Compliance: A Step-by-Step Guide to BAFA Reporting
Embark on a transformative journey with BAFA Reporting under the German Supply Chain Act! Explore the key to responsible business practices and discover Prewave’s automation prowess.
Navigating the New Terrain: How US Companies Can Prepare for EU ESG Directives
The European Union (EU) is poised to introduce two game-changing directives: the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). These directives will compel companies to report on their environmental and human rights impacts, ushering in a new era of global corporate responsibility. US companies, even if not directly affected, should proactively assess their operations and value chains to stay ahead of the curve and maintain a competitive edge in the evolving global market.
The German Supply Chain Act
The German Supply Chain Act (Lieferkettengesetz, or LkSG) will come into effect on January 1st, 2023.
Supply Chain Monitoring in 2022
As the number of third parties in your supply chain grows, supply chain monitoring is quickly becoming a necessity.
The Supplier Code of Conduct: Is It Still Enough?
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.
Supply Chain Due Diligence 101: What It Is, Why It Matters, And How It’s Done
As the complexity of supply chains continues to grow, so should due diligence efforts. But what exactly is supply chain due diligence, and why does it matter?
5 Supply Chain Lessons Learned in 2021—And Tips for Supply Chain Resilience in 2022
2021 has taught us that there are ways around global supply chain disruptions—and lessons behind every misstep. This is why we’ve put together the top five lessons learned in 2021, with additional tips you can apply to ensure supply chain success in 2022.
