Supply Chains: Practical Solutions Are in Demand
Under what conditions is a product manufactured? Can it be ruled out that production is linked to child labor, exploitation, lack of labor rights, or environmental degradation?
Traceability and transparency are becoming increasingly important in the supply chain, to ensure sustainability and the protection of human rights. The German Federal Government shares this view, and in March 2021 it passed the ‘Law on Corporate Due Diligence in Supply Chains.’ That means in the future German companies will have even more obligation to fulfil their global responsibilities. At the same time, the new law is faced with enormous challenges because the supplier networks are usually highly complex and cross different national borders multiple times. As a result, supply chains are vulnerable to embezzlement and fraud.
Just like many other initiatives, the Düsseldorf Chamber of Commerce and Industry is therefore asking for improvement in a position paper. It states that the economy is naturally committed to supply chains that comply with environmental and human rights laws but would need even more practical solutions and support in their implementation.
As an expert in product and brand protection, LEONHARD KURZ also offers practical help for companies: With TRUSTCONCEPT® security solutions, the identity of products can be visually verified, on the one hand. And on the other hand, all movement data of the goods can also be tracked throughout the entire value chain.