In a globalised world, companies rely on complex supply chains to manufacture and distribute their products. They must ensure that their companies, partners and suppliers comply with the applicable laws and standards in order to minimise supply risks. Ideally, the technical tools that need to be introduced are not only used for compliance reasons, but also for efficiency and improvement reasons.

Which framework conditions influence the compliance requirements of a supply chain?

Regulatory requirements

Regulatory requirements for supply chains vary by industry and country. It is important that companies are aware of the specific requirements and ensure that they fulfil them. The most common regulatory requirements include compliance with product standards, labour laws and tax regulations.
Process-related requirements

Compliance with process requirements, such as production processes, is of crucial importance. Organisations must ensure that their processes meet the minimum requirements of internal & external stakeholders, but are also effective and efficient. This includes monitoring suppliers and conducting audits to ensure that they fulfil the required standards.
Contractual requirements

Compliance with contracts is also of crucial importance. Companies must ensure that they comply with contracts with their suppliers and business partners and fulfil the agreed standards.

The combination of regulatory obligations with existing supply chain processes is mandatory, but also business and socially critical

The necessary combination of newly emerging or adapted regulatory framework conditions with existing processes poses challenges for many companies. It is important to understand the new requirements and operationalise them in order to enable integration into existing processes.

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KPMG Supply Chain Compliance Advisory Journey

Based on the experience of our experts, we have set up a 5-step programme that can be individually adapted to your needs:

Assessment- & GAP-Analyse

We carry out an analysis of the current situation and compare the results with the applicable regulations in order to identify areas that contain regulatory gaps, for example, but also efficiency potential.
Strategy development

Based on the results of the as-is analysis, we work with you to develop a comprehensive supply chain compliance strategy that addresses the main issues and defined business processes.
Training & Education

Together, we develop customised concepts for training your employees and relevant stakeholders to raise awareness of compliance issues in the supply chain and support compliance management capacities.
Implementation and monitoring

KPMG actively supports you in implementing your compliance strategy, including developing compliance management systems, monitoring compliance performance and conducting regular audits and assessments.
Technology-based solutions

We advise you on the use of technological solutions to improve the efficiency, transparency, traceability and compliance management of your supply chain.

KPMG offers comprehensive advice from a single source

In the area of compliance, the situation often arises where new regulatory requirements affect not just one area, but several, such as taxation. KPMG works across divisional boundaries and pools the necessary expertise to offer solutions that are optimally tailored to your needs.

KPMG offers extensive experience and expertise in supply chain compliance advisory, combining advanced technology, data analytics and expertise to provide you with actionable insights and recommendations across the supply chain.

Interested in our services? We look forward to your enquiry