Only 34 % of the companies felt well prepared for the enforcement of the Supply Chain Act.
Even companies that are not covered by the legislation or only indirectly – as suppliers to larger customers – should make sure they are fully au fait with the Supply Chain Act regulations and examine their supply chains. After all, companies must create a clear operational framework for their employees to meet the demands of everyday business, especially if many provisions are not very clear. There is little point in waiting, as the European Union is planning the extension of the law; the Legal Committee approved the draft at the end of April. This law will then replace all national regulations throughout the EU, including the Supply Chain Act. Companies that are now training their employees, building knowledge, choosing the right monitoring tools, and consulting with their suppliers will clearly have the upper hand.