The German Supply Chain Act, which came into effect in January 2023, requires companies to assess human rights and environmental risks. This GEP bulletin details how companies can stay compliant with the new act.
In this SIG-GEP webcast, get the highlights of GEP’s 2023 Spend Category Outlook report to help navigate the challenges ahead for major indirect and direct categories.
This bulletin identifies the major reasons why mergers and acquisitions are not successful and what dealmakers can do to prevent it
February 23, 2023 | Supply Chain Strategy
Many businesses have successfully countered the ongoing challenges and supply disruptions. They have managed to not only survive but have also built the much-needed resilience.
Have they acted differently from others?
The answer is innovation.
Today, organizations must look to innovate to remain competitive and resilient. And this requires a shift in mindset, strategy and overhaul of processes.
In fact, accelerated innovation is key to thriving in the new normal. It can enable organizations to move quickly and stay ahead of the competition.
This white paper looks at how chemical companies, with strong support from their procurement teams, can create green capacities and switch to using more environment-friendly direct materials.
February 21, 2023 | Procurement Strategy
Heading into Q1 of 2023, R&D spend continues to climb, in spite of pressure to reduce costs, shrink budgets and improve margins. R&D spend in the life sciences industry was expected to hit $2.5 trillion by the end of 2022, a 5.5% increase over 2021 levels.
There are some market headwinds that may impede the pace of innovation, including high financing costs due to inflation or competition pressure from generics as a result of patent cliff.
February 17, 2023 | Supply Chain Strategy
The medical device supply chain involves activities and processes for the delivery of medical devices from the point of manufacture to the point of use. From medical devices that require delicate handling to protect from breakage to ones that require critical handling due to high risk of infection from contamination, the supply chain is naturally complex and is subject to a variety of challenges, including supply chain disruptions to cost overruns.
Are frenemy supply chain networks built on coalitions a good option to reduce delivery costs? GEP’s experts look at three factors that all retail supply chain leaders must consider before they build one.
February 15, 2023 | M&A
Mergers and acquisitions (M&A) have become a valuable tool to achieve growth in the hardware industry, especially for companies looking to acquire a new product line, expand into new markets, or diversify their portfolio.
February 14, 2023 | M&A
Mergers and acquisitions (M&A) in the pharmaceutical industry enable companies to expand their operations, increase their market share, and gain access to new technologies and products. It also helps companies to become more efficient by eliminating redundant processes and by streamlining operations.
