article thumbnail

What is supply chain sustainability?

IBM Supply Chain Blog

Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. Supply chain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market.

article thumbnail

What Importers Need To Know, And Do in 2022

Let's Talk Supply Chain

The disruption the global supply chain is facing today has been a long time coming, yet it seems to have caught the entire industry off guard. Brands like Coca-Cola and Nike will now have to spend a vast amount of money scrutinizing their supply chains and potentially finding new suppliers. It’s time for a plan.

Import 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Smarter Insights, More Innovative Solutions: Why Procurement Needs a Seat at the Strategy Table

Pipefy

To do this, procurement teams require visibility into their data, control over their processes, and a seat at the business strategy table. Today, quick fixes are being eclipsed by strategic agility that seeks to drive long-term business value and innovation. Among those executives in finance, the percentage rose to 67%.

article thumbnail

Get Started on Your Procurement Transformation Roadmap and Strategy

Pipefy

Procurement teams are now responsible for driving value, achieving sustainable results, and helping businesses maintain their competitive edge despite market shifts and supply chain disruptions. In 2022, the five biggest procurement issues experienced by B2B buyers were: Reliable delivery (43%).

article thumbnail

A Guide to Successful Business Process Transformation 

Pipefy

Following recent events like the pandemic, the shift to non-office work models, and supply chain pressures, the demand for business process transformation has accelerated. Many leaders today realize that a radical change is needed to keep up with changing business environments and requirements. Learn more about change management.

e2e 52
article thumbnail

Post Pandemic Inventory Priorities: High Turnover or Extra Inventory?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The backbone of all long-standing philosophies such as Just-In-Time , Lean manufacturing, and Kanbans were all designed around minimizing the amount of inventory on hand in any Supply Chain. The Coronavirus pandemic turned the world’s Supply Chains on their heads.

article thumbnail

The 25 Hottest US Procurement Startups

Procurement Software

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.