Supply Chain Screening
Until recently, a relatively stable geopolitical and trade environment meant that companies could manage their global supply chains efficiently. Today, supply chains are subject to pressure from several directions. Geopolitical conflicts cause frictions in existing supply chains, resulting in disruptions, supply shortages and increased costs. External shocks such as the pandemic can initiate sudden failures along the supply chain. In addition, new ESG regulations lead to more due diligence requirements along the supply chain. The German Supply Chain Act will apply from 1 January 2023 and requires screening along the supply chain to avoid negative impacts on the environment, society, and corporate governance.
In addition to regulatory and geopolitical risks, companies are also exposed to reputational risk. A lack of transparency along vertically integrated supply chains increases the risk of violating environmental, social or good governance provisions. This can result in severe fines and damage claims.
Companies with global or international supply chains are most affected. Regulatory risks are more significant for large companies than for medium-sized and smaller companies.
The solutions we offer
We provide certainty for companies to act in accordance with the relevant regulations along the supply chain
We create competitive advantages through transparency along the supply chain
We strengthen resilience and safety along supply chains
We prevent companies from costly supply disruptions
The Methods we use
Supply chain risk screening, monitoring and management
Supply chain compliance screening, monitoring and management