What are the recent regulatory changes affecting supply chain management?

What are the recent regulatory changes affecting supply chain management?

Recent regulatory changes include stricter compliance requirements, sustainability mandates, and enhanced reporting standards.

How do these changes impact global supply chains?

They can lead to increased costs, necessitate adjustments in sourcing strategies, and require more robust risk management.

What steps can companies take to adapt to these regulations?

Companies should invest in compliance training, update their supply chain technology, and engage in proactive risk assessments.

Are there any specific industries more affected by these changes?

Yes, industries like pharmaceuticals, food and beverage, and electronics are particularly impacted due to their regulatory environments.

Where can I find more information on these regulations?

You can check government websites, industry associations, and legal advisories for the latest updates on supply chain regulations.