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.
Five Best Practices for Balancing Costs, Risks and Sustainability provides impactful tips on how to develop a strategic procurement approach that focuses on collaboration, innovation and sustainability. A companion to the GEP webinar featuring Forrester — The New Tech Capabilities You Need To Balance Costs, Risks and Sustainability — this bulletin explores how moving beyond a short-term cost focus toward a methodical, strategic approach that focuses on enhancing collaboration, embracing innovation and new technologies such as artificial intelligence (AI), and integrating sustainability and ESG considerations into procurement can build resilience, create value and promote long-term success.
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
This bulletin is a must-read for leaders who are looking to make a greater impact on their sustainability goals while still reducing costs and managing risks.
Theme: Software and Technology
