focus on source traceability and human rights diligence .
“ More than ever , companies need to collaborate with their suppliers to establish a greater chain of custody visibility meet heightened regulatory requirements and manage the risks associated with complex global supply chains .
Tighter regulations impacting manufacturers ? It ’ s more than just a want for companies , as tighter regulations , along with the introduction of new pieces of legislation , are being introduced to make manufacturing supply chains more sustainable and ethical . These include the Corporate Sustainability Due Diligence Directive , which will require larger companies to guarantee that their supply chains do not cause environmental damage or use forced labour . The Supply Chain Due Diligence Act , which imposes similar responsibilities on companies in Germany , came into force at the beginning of 2024 . Bills introduced in both the United States and Canada are also aimed at ending forced labour in global supply chains . “ For manufacturers , this is creating a new level of accountability and responsibility – one where they will need to ensure that their supply chain visibility and reporting procedures are watertight ,” Carmel adds . “ Carrying out a simple audit will no longer be enough ; instead , manufacturers will have to take greater ownership when rectifying areas of weakness once identified .”
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