Gaining the Green View: How Smart Procurement Can Kick-Start Sustainability Initiatives
93% of UK businesses say it is challenging for them to gain visibility into their suppliers to track the environmental impact of their supply chain.
Against the backdrop of the global climate protests that swept the world in 2019, sustainability became one of the top priorities for businesses to address. But many UK businesses are not digitally mature enough to help drive sustainability and face major challenges. Most are hindered by poor data quality, a focus on cost and difficulty collaborating with suppliers. The biggest challenge is gaining visibility into their suppliers to track the environmental impact of their supply chain – as a failure to do so could see them miss out on a key competitive advantage.