Five Best Practices for Balancing Costs, Risks, and Sustainability
In the face of volatile macroeconomic conditions and other complex challenges, supply chain and procurement pros must strike a tough balance between seemingly contradictory demands: boosting performance and sustaining and extending business operations, all while meeting customers’ needs.
This GEP paper provides impactful tips on how to develop a strategic procurement approach that focuses on collaboration, innovation, and sustainability.
What’s Inside:
- How organizations can most effectively focus on long-term value creation, not just short-term cost savings
- The impact that embracing innovation and new technologies such as artificial intelligence (AI) can have
- The essential elements every organization needs to balance cost, risk, and sustainability
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