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Business Guide

The Business Guide provides you with the „tools of the trade“ and offers you checklists and practical guidelines for your successful entry into the European e-commerce market.

  • China+1: Realigning global supply chains

    by Editor

    The challenges of recent years have prompted organizations to put their supply chains to the test and strive to minimize dependencies on established production sites. For example, many companies are currently using a China+1 strategy to expand their supplier network and relocate production or branches to new locations with attractive conditions. We discuss which countries are becoming promising alternatives in the context of diversification efforts, as well as the factors that play a role in the China+1 strategy and the tasks that go hand in hand with it.

  • Cyber attacks, the COVID-19-pandemic and geopolitical tensions – the challenges of the past few years have shown how quickly supply chain processes can come to a standstill worldwide. This makes it all the more important for companies to implement strategic risk management. In our latest blog article, we discuss the current risks that supply chain managers should keep an eye on, and explain how they can create well-founded forecasts, take measures at an early stage and increase the resilience of their supply chain.

  • Companies are increasingly responsible for ensuring that ethical and sustainable standards are complied with along the entire supply chain. The new EU Corporate Sustainability Reporting Directive (CSRD) clearly regulates who is obliged to submit a sustainability report and what content must be published in accordance with binding standards. While our first blog post on the new EU Sustainability Reporting Directive dealt with the companies affected, deadlines and changes, in Part 2 we delve into the challenges companies face and explain why they definitely benefit from a sustainability report despite the significant effort that is involved in this context.

  • The new EU Corporate Sustainability Reporting Directive (CSRD) obliges significantly more companies to publish a report on their sustainability efforts. In order to standardize the content and make it comparable, the reports are to be prepared according to binding standards in the future. But who is affected by the new CSR directive and what type of information is required? Our latest article on the blog provides an overview of when the CSRD does apply, what the changes are, and which companies must publish a report.

  • The consistent availability of goods, perfectly tailored to the needs of consumers, is essential for smoothly functioning supply chains and entrepreneurial efficiency. In order to be able to plan which goods can be delivered when and to what extent, a thorough and transparent warehouse management becomes essential. In our latest blog article, we discuss the specific advantages of systems that are individually tailored to a company’s intralogistics as well as the question, which technologies support warehouse solutions. Further, we explain why optimized warehouse logistics can strengthen the supply chain in the long term.

  • Especially in times when markets are changing rapidly, reliable suppliers are of crucial importance: The productivity and efficiency of many companies depends on whether agreed delivery commitments and quality are met – or not. However, strategically optimizing supplier development requires time, knowledge and resources. In our latest article on the blog, we explain the advantages that working with suppliers in a spirit of trust provides. Further, we discuss the challenges that companies face is this context and the strategies that they can apply in order to increase their competitiveness through viable relationships with their suppliers in the long term.

  • Disruptions in global supply chains affect the world economy. With quite severe consequences, as those disruptions can quickly lead to delays or even failure in the delivery of goods or services. To ensure that the complex logistics processes function as smoothly as possible even in times of crisis, effective collaboration between all supply chain partners and the intensive exchange of all relevant information have become indispensable. In our latest blog post, we explain the key benefits that collaborative work has for companies, the technologies that support them and the obstacles that those involved must face in order to successfully establish and build a transparent, resilient and efficient supply chain.

  • The digital exchange of all relevant data along the supply chain is becoming increasingly important. Transparency and seamless tracking opportunities are required for end-to-end process control. And further, the German Supply Chain Act places high demands on companies. For all those scenarios, the Internet of Things offers numerous opportunities to increase the efficiency and agility of the supply chain. Find out how IoT-based solutions can help companies minimize risks, reduce costs and optimize processes.

  • International free trade agreements, stable political conditions as well as a favorable geographical location and comparatively low wage and production costs characterize Vietnam as an attractive production location in Asia. Nevertheless, as in almost all foreign markets, German and other European companies initially face challenges. In order to leverage the potential and counteract possible risks in a targeted manner, it is advisable to work with experienced partners in close interaction with intelligent supply chain management.

  • Sustainability is increasingly called for – by customers, environmental organizations and legal requirements. The focus in this context not only includes environmental protection activities, but also the more comprehensive ESG concept, consisting of the key elements ‘environment’, ‘social’ and ‘governance’.