Sustainable and responsible supply chain management has become a critical concern for businesses. In this article, we’ll explore the importance of sustainable and responsible supply chain management, the benefits it offers, and the steps you can take to implement these practices in your operations.
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A huge benefit of digital transformation in an organisation is overlooked to focus on the shiny new technology being implemented or the need for change in processes to work with the tech platforms. However, both technology and processes rely on one intersectional factor – people. Here are the four ways digital technology will optimise people’s performance in your organisation.
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Supply chain resilience has been one of the hottest topics over the past three years, with numerous disruptions and challenges facing procurement professionals across the globe.
But what does this mean in practice? We believe there are four C’s of resilience that we’ve adapted from psychology that ring true for the supply chain discipline.
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We’ve identified eight key trends that will shape 2023 based on our ever-growing customer base and consultancy and support services, these are the most common and recurring themes we’re discussing.
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We’ve recently been working with customers that are amidst their digital transformation and realising the power of data and performance to drive relationships – not the contract.
In this article, we discuss how data can help the evolutionary process from contract focus and scouring T&Cs to dish out punitive punishment to supplier relationships that are relationship-focused and mutually beneficial.
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Environmental, Social and Governance (ESG) challenges are still a supply chain hot topic and one that stakeholders are increasingly informing their decisions based upon.
Our team of supply chain specialists have been working with several customers in-depth to help them achieve their ESG goals and they have developed a five-step process that outlines the best way to audit, analyse and act to drive ESG excellence.
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Many business leaders are smitten by the dream of incorporating data to power their business but at this point, the reality doesn’t quite match up to the expectations. Gartner estimates that nearly half of organisations spend too much time collecting, validating and submitting data. We’ve put together four crucial benefits of implementing a supply chain platform that helps solve these real business challenges and gets you closer to the dream and away from the nightmare.
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Many companies are waking up to the power of data and analytics to improve their supply chain practice in a strategic and meaningful way. By pursuing a path of data and digitalisation in the supply chain, companies can begin to drive significant competitive advantage by rethinking their approach to their suppliers using data – not contracts. We believe there are five main benefits to embedding a digital strategy and data-led approach to your supply chain operation.
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Despite a seemingly infinite amount of potential metrics, most corporate ESG programs are often focused on two specific areas: carbon reduction and supplier workforce diversity. Despite their initial differences, we believe in one deceptively simple matrix approach to shortcut your way to ESG excellence in both of these key domains. Read more to learn how to achieve amazing ESG outcomes – maximising impact for minimal investment.
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ESG in the supply chain is not about a specific target, goal or outcome but more of a journey of setting a strategy and embedding a philosophy and culture into the organisation at its core and then executing against it.
In this article, we outline a structure and approach that help you start the ESG journey and then address the challenges of the day-to-day management of the programme, empowered by data and technology.
