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.
We’ve all been in those contract negotiation meetings with suppliers on one side of the table and buyers on the other. It often feels like it’s the way to “do business” with a bit of good cop/bad cop interplay that can actually undermine the relationship from the get-go. So what’s the solution? This article proposes a more relational, contemporary, collaborative approach to supplier relationship management and shows how an SRM platform helps you achieve this.
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It’s clear that the need to meet ESG goals is not going away. It’s a matter of “when” and not “if” many customers will demand disclosure of important, strategic ESG factors.
It’s also clear that no one enjoys an audit. With net zero, decarbonisation, and emissions suddenly being included in audit requests, what can you do to get ahead to not only ace the audit and begin to make step-change improvements in your ESG goals?
These are our four crucial steps to success…
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Supply chain agility was one of the most frequently recurring themes we identified in the Gartner Supply Chain Top 25 survey.
This article delves deeper into the definition of agility, and the five components of supply chain agility then takes a look at each, in turn, to explore how technology could help your company thrive in uncertain times.
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It feels like Environmental, Social and Governance (ESG) is recently both ubiquitous and increasingly demanding on all businesses, especially for supply chain managers.
Here, we discuss the definition of ESG, the two main challenges for supply chain leaders and propose a simple six-step process for meeting the demands of leadership teams, investors and the government alike…
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