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Challenges in Supply Chain Management & Sustainability
Supply chain management is at the forefront of corporate sustainability and social responsibility. Transforming supplier performance data into actionable information, and accelerating performance improvement through effective communication, can improve investor relations and financial performance. Avoiding costs associated with supply chain disruptions and public relations issues from poor supplier practices has become an important risk management focus. SupplyShift provides a flexible, user-friendly solution, far ahead of other tools, making sustain- ability performance information serve the needs of buyers and suppli- ers to cost-effectively improve performance.
Two Views of the Supply Chain Problem
– From the buyer’s perspective, improving supply chain sustainability performance and mitigating risk requires extensive data collection and a way to transform that data into useful information that can improve supply chain performance and provide measurable business value.
– From the supplier’s point of view, sustainability performance reporting often offers little benefit. Survey fatigue reduces participation, and lack of feedback provides little incentive to improve reporting or sustainability performance.
Both Buyers and Suppliers are Limited By:
The use of spreadsheets and siloed systems that don’t let suppliers share information with multiple buyers and learn from other suppliers
A proliferation of supplier scorecards and industry standards that burden suppliers and do not adapt well to reflect changing, company-specific priorities
A lack of cost-effective ways for buyers to use supplier performance information to evaluate changing risk scenarios, influence supplier improvement, and find more responsible suppliers.
Buyers and Suppliers need solutions that can help them reduce costs and be more competitive.
THE SUPPLYSHIFT SOLUTION
SupplyShift responds to the demands of companies with large, complex supply chains by opening new opportunities for buyers and suppliers to efficiently create shared value, improve supply chain performance, and reduce risk.
SupplyShift meets the needs of multiple departments within a company:
Procurement & Supply Chain: Quick and flexible data collection and sharing reduces the burden on procurement staff, allows efficient decision-making, and integrates easily with existing systems.
CSR & Sustainability: Quantitative and qualitative supplier scores help integrate supply chain sustain- ability into business practice. The engagement platform lets sustainability staff put useful information at suppliers’ fingertips.
Risk Management: Better, easier access to supplier information. On-the-fly risk analysis tools allow companies to discover and get ahead of potential trouble spots.
When you want to transform risk to opportunity, data to actionable information, and accelerate performance improvement by creating shared value, sign up for SupplyShift