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CSR is Good for Business, an Independent Consulting Study Reports, but Official Targets & Policies are Lagging Behind

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Unsurprisingly, sustainability is the top priority, with 67% of respondents actively measuring CSR performance. However, only 33% have defined official sustainable policies and targets. Social and ethical priorities are close behind but still lag. This is followed by a lack of systems to enable effective, scalable collaboration.

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5 Steps Towards Modernizing Supplier Management

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Most supply risks, whether from disruptions or ethical violations, lurk not among immediate suppliers, but in the sub-tier. A lack of technology to enable supplier collaboration was identified as the top obstacle to improving sustainability and top 3 for improving innovation. Map your Sub – tier.

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

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As the lynchpin to suppliers, they play a pivotal role in combatting the effects of inflation, ensuring supply continuity, complying with regulatory requirements, improving sustainability and other top business priorities. The biggest gains in sustainability typically come from working with suppliers rather than finding new ones.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

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In this way, they can be ready to face a crisis like Covid-19 or various other potential challenges — extreme weather caused by climate change, consumer demand for sustainable and ethically produced goods, trade wars or political tensions, to name a few. . Chassis Brakes and Meritor Digitally Transform with Ivalua.