Remove 2030 Remove Sourcing Remove Supply Chain Visibility
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The Future of Procurement: Bullish vs. Bearish Case

Procurement Software

Or, maybe youre suffering from Cinderella complex: not bold enough to demand an upgrade to the outdated, clunky, legacy Source-to-Pay suite interfaces that suppliers and stakeholders havent really adopted. Do not be surprised to see even best-in-class procurement teams look substantially different in 2030.

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Three Ways Procurement Can Drive Sustainability Through the Supply Chain

SupplyShift

By 2030, projections suggest that the market for sustainable products will be worth a staggering $12 trillion a year. According to Deloitte’s 2020 Chief Procurement Officer Survey , only 50% of organizations had high visibility into their tier one suppliers, and a staggering 90% reported low or very low visibility beyond tier one.

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How to Set Corporate Goals for Supply Chain ESG

SupplyShift

Source: sasb.org SASB’s at-a-glance view of priority ESG issues is comprised of five sustainability dimensions: Environment, Leadership and Governance, Business Model and Innovation, Social Capital, and Human Capital. Measure KPIs by a point in time —we will increase the number of ESG-compliant suppliers by 40% by 2030. Ask for help.

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How to Set Corporate Goals for Supply Chain ESG

SupplyShift

Source: sasb.org. Measure KPIs by a point in time —we will increase the number of ESG-compliant suppliers by 40% by 2030. Begin baselining supplier performance according to their role in the supply chain. Perform responsible sourcing audits on supply chain areas of deep concern. Struggling to choose?

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Three Ways Procurement Can Drive Sustainability Through the Supply Chain

SupplyShift

By 2030, projections suggest that the market for sustainable products will be worth a staggering $12 trillion a year. According to Deloitte’s 2020 Chief Procurement Officer Survey , only 50% of organizations had high visibility into their tier one suppliers, and a staggering 90% reported low or very low visibility beyond tier one.

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Supply chains in the spotlight

Procurement Leaders

MPs invited representatives from several major companies to answer questions on their organisations working practices, supply chains and the steps they take to enforce standards. But, by the end of the session, the biggest talking point was Sheins repeated refusal to say whether it sources cotton from China.