LKSGLab

YUKKA 

LKSG LAB

 

Evaluate Supply Chain Risks

 
 

Supply Chain Act comes into effect in 2023 in Germany

The new supply chain act “LkSG” is adding a new dimension of complexity to companies’ compliance management in GermanyFeasible screenings and risk assessments are still largely unstructured and very time-consuming and cost-intensive.

 

CHECK YOUR SUPPLY CHAIN. IN REALTIME. 

WITH AI.

 

Comply with central requirements of the LkSG law with our solution that 24/7 screens the news and automatically evaluates all relevant risks along your supply chain. Saving you valuable time, money and a lot of paperwork.

you can call me Lieferketten­sorgfalts­pflicht­gesetz

 

Starting 2023, the Lieferkettensorgfaltspflichtgesetz, short LkSG, will come into effect, enforcing companies to conduct a mandatory, periodical Due Diligence of their Supply Chain. The focus lies on violations of international human rights conventions and environmental law.

 

Fines for companies not complying with the new legislation can go up to two percent of their yearly turnover. Furthermore, violations threaten the public image of organizations and are not chime in with CSR.

In 2023 the act will only affect companies located in Germany with over 3000 employees. This threshold will be lowered to 1000 employees in 2024.

HERE’S YOUR LIEFERKETTEN­SORGLOSPAKET:

AUTOMATED SUPPLIER SCREENING 

& RISK EVALUATION 

 
  • SUPPLY CHAIN

    • Complaint Management Implementation
    • Preventive Measures for direct Suppliers
    • Remedial Measures for Supply Chain

  • PROCESS

    • Implementation of Risk Management
    • Continuous Risk Analysis
    • Screening of indirect and new Suppliers

  • ORGANIZATION

    • Definition of Responsibilities
    • Formulating Code of Conduct
    • Documentation of Due Diligence

CUSTOM SCREENING OF YOUR SUPPLY PARTNERS 

based on cutting-edge AI and machine learning

+75,000 companies

+750.000 news resources

+10 years of historical scores

AUTOMATED SCREENING
REAL-TIME 
ALERTS
ACTIONABLE 
INSIGHTS
TIME 
SAVINGS

FOUR DIMENSIONS OF INTEREST
SCREENED AND ANALYZED 24 / 7

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INTELLIGENT LKSG EVENT DETECTION 

SEE HOW YOUR PARTNERS SCORE IN EACH DIMENSION
 

RED FLAGS

TAKE ACTION IMMEDIATELY

The severity of violations differs, so we identify Red Flag events. If a company is linked to modern slavery, for example, YUKKA instantly notifies you so actions can be taken immediately.

HOW IT WORKS

Upload Suppliers

Upload the Details of your Tier 1 suppliers to our application

Automated Screening & Risk Identification

YUKKA identifies relevant events and generates your personal supply chain risk analysis

Custom LkSG Scoring

Multidimensional scoring for human rights: To make interpretation easier, we calculate scores for each dimension to give you the information you need at first glance

Real-Time Alerts

Your time is valuable. We send you alerts as soon as we detect red flags so you can react immediately based on our LkSG scores

Case Management Tool

Structure is key to management. With our tool, you can prioritize cases and initiate processes.

Get Ready for LKSG.

GET YOUR 30-DAYS DEMO RIGHT NOW: 

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