SUPPLY CHAIN OPERATIONS

Many of the technologies used are not fundamentally new, but they are evolving and blending. Electronic product label-ling, new generation bar codes combined with the infinite capacity of the cloud now allows companies to track and monitor their suppliers.

New technology tags can be used to store data directly which can be updated as the item moves through the supply chain or can simply contain almost unlimited cloud-based information.

A major source of employee turnover may stem from a lack of connection to the vision and higher purpose of a company.

Reduce risk by identifying vulnerabilities in your supply chain.

The supply chain becomes an important way for a company to promote human rights, fair labor practices, environmental progress and anti-corruption practices or other issues important to them.

Utilizing new technology in supply chain management increases efficiency and reduces risk.

Access to business opportunities by regions and categories (e.g. to meet diversity criteria), where available.

Incorporate customized aspects e.g. supplier diversity, ethical local community procurement, indigenous spends.

• Enable selection of pre-qualified suppliers for procurement processes (tenders, RFPs, etc.), thereby reducing and optimizing the number of suppliers engaged.

technology. The solution significantly reduces the amount of time required to monitor and manage existing suppliers, assess potential suppliers and ensure risks are identified and treated as they arise. It is also ideal for any multi-tier supplier management. E.g. all dashboards can easily toggle between any supplier tier and provide any infographic or report.
Suppliers can update their information live via their interface resulting in a system which will:

• Have the most up to date supplier information (including insurances, licenses, etc.).
• Have the most current supplier score (versus e.g. a defined benchmark or industry peers) at any given point