Sustainability: It's more than a trending catchphrase or a box to tick on a corporate checklist. It's the cornerstone of long-lasting organizational success, an essential pillar supporting an...
Showing posts for: Supply Chain Management
Looking Beyond Direct Suppliers: Why Sustainability Matters in Your Company’s Indirect Spend
Indirect Spend Sustainability focuses on reducing the environmental, social, and economic impact of a company’s indirect spend activities, including logistics, office supplies, utilities, facilities...
Charting a Sustainable Path Together: Nine Tips for Engaging Procurement Teams in Your Sustainability Journey
Sustainability and responsible sourcing professionals often face the challenge of engaging their procurement teams in sustainability initiatives. With procurement professionals managing a...
Unwrapping the EU Packaging and Packaging Waste Directive: Embracing Sustainable Packaging in a Circular Economy
World Environment Day this year, under the theme "Beat Plastic Pollution," emphasizes the urgent need for businesses to critically examine their environmental footprint. With a particular focus on...
Confronting Biodiversity Loss: Assessing the Impact on Biodiversity in Modern Supply Chains
Conducting global operations across multi-tier or even single-tier supply chains presents numerous sustainability-related risks and opportunities. Biodiversity loss, in particular, has far-reaching...
CSDDD and CSRD – What’s the difference?
What is the difference between the CSDDD and CSRD, and how should you focus your efforts? The EU’s recent Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due...
CSDDD – How will it impact your organization?
Preparing for Compliance: How Will CSDDD Impact Your Organization? The European Directive on Corporate Sustainability Due Diligence (CSDDD) was published on February 23, 2022. This legislation...
CSRD & Supply Chain Sustainability: What You Need to Know
Why is CSRD a big deal for supply chain sustainability? The Corporate Sustainability Reporting Directive (CSRD) is new legislation in the European Union that requires, elevates, and standardizes ESG...
Addressing Scope 3 by Category
As companies start to take Scope 3 seriously, they need better approaches to engage suppliers, measure emissions, and reduce them. At SupplyShift, we’ve been helping customers gather Scope 3 data...
Supply Chain Mapping – Why and How?
In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material...
Creating Your Roadmap for Supplier Sustainability Improvement
For a business to meet its sustainability goals, it can’t look solely within its own four walls. To see truly impactful sustainability improvements in a company, suppliers need to be a top...
Summit ’21 – Five Key Learnings for your Supply Chain Sustainability Journey
On November 2nd - 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s...
Simplifying Sustainability for Procurement
In the wake of the COVID-19 pandemic and mass shortages of basic goods like toilet paper, the world is realizing the pivotal role that procurement plays in the everyday running of businesses and...
Your Complete Guide to Supply Chain Sustainability
Today, a company’s public image can rapidly diminish if they fail to comply with the increasingly prevalent environmental, social, and governance (ESG) standards being put into place worldwide. One...
How Suppliers Demonstrate Best Practices to Buyers
According to Gartner’s Future of Supply Chain: Crisis Shapes the Profession report, 77% of companies say that they’re investing in deeper and more collaborative supplier relationships to build...
How Remote Assessments Can Reduce Audit Costs
Audits prove to be a heavy lift for many companies. Time is retracted from core operations due to suppliers juggling the task of repeatedly participating in them, which is a dragged-out process for...
Supplier Engagement Best Practices – Key Takeaways From Our Webinar
The need for supplier engagement has never been greater—an engaged supply chain drives impact and lays the foundation for businesses to collaborate with suppliers to address our most pressing...
Tackling Plastics and Packaging in Supply Chains
Plastic waste has a staggering impact on our environment. Roughly 40% of all produced plastic is for single-use plastic packaging, and 5.25 trillion plastic and microplastic pieces float around in...
Best Practices for Sending Supplier Sustainability Assessments
According to Deloitte, the market for responsible supply chain tools could reach $2.7B by 2023. One pivotal type of tool is digital supplier assessments. These tools help companies achieve...
Maximizing Supplier Participation in Sustainability Reporting
Gartner predicts that by 2023, organizations that don’t optimize how they manage supplier data will have faulty information for up to half their suppliers. To prevent bad data from corroding...
Roadmap of Industry Groups – Your Complete Guide to Supply Chain Sustainability Collaboration
2021 has brought an increased drive for corporate sustainability, from mitigating GHG emissions and promoting DE&I to preventing deforestation. These measures are not only critical for the...
Advancing Diversity, Equity, and Inclusion in Your Supply Chain
The 2020 triad of health, economic, and racial justice crises has accelerated corporate thinking about diversity, equity, and inclusion (DEI). Today, whether through internal hiring initiatives,...
How to Identify Your Supply Chain Sustainability Risks and Opportunities
In today’s climate, ESG compliance is no longer a “nice-to-have.” If you’re not taking ESG seriously, you’re simply not prepared for the future. And to take concrete action towards increasing...
How to Approach Multi-Tier Supplier Assessments
Organizations big and small rely heavily on hundreds—if not thousands—of different suppliers around the globe. In this type of supply chain ecosystem, companies must understand sustainability...
What is Multi-Tier and Why to Do It
Many companies focus solely on their tier one suppliers when it comes to supply chain sustainability. Yet to holistically tackle ESG performance, procurement teams must evaluate their operations at...
How to Set Corporate Goals for Supply Chain ESG
ESG takes top priority on a company's vision for the future. But what do corporate sustainability goals look like in practice? With mounting pressure from investors and consumers, corporate...
Why Sustainable Supply Chains?
In light of an increasingly strained global ecosystem, corporations, governments, and environmental scientists have revamped the drive for sustainability, honing in on the benefits of eco-friendly...
Active Vs. Passive Supplier Sustainability Assessments
In 2021, measuring supply chain sustainability is crucial. Ahead of the upcoming United Nations COP26, business leaders and organizations are facing more pressure than ever before to address...
Supplier Sustainability Assessment ─ Where Do I Start?
Sustainability is one of the fastest-growing priorities in the procurement profession today. Through the pandemic, the weak points in an already fractured global supply chain, increasing ocean...
Three Ways Procurement Can Drive Sustainability Through the Supply Chain
SupplyShift takes a look at three ways that supply chain professionals can drive sustainability through procurement practices. In 2021 and the decade ahead, it’d be safe to assume that consumers...
How to Prepare for a Transparent Supply Chain in 2021
2020 has been a defining year for transparent supply chains. When the pandemic hit, most people expected sustainability efforts to take a back-seat role. On the contrary, companies seem to be more...
The Emerging Shape of Recovery
The economic impacts of the COVID-19 coronavirus were swift. As countries around the globe responded with shutdowns, demand for some goods and services plummeted and skyrocketed for others....
Transparency is the First Step to Securing Global Supply Chains
The coronavirus pandemic has disrupted supply chains around the globe and brought intense scrutiny to management strategies. Manufacturing industries such as apparel, auto parts and semiconductors...
How Standardization Advances Supply Chain Responsibility
Imagine requesting a Q1 financial report from a vendor and receiving data for September through November. “What?” the vendor asks incredulously…“That’s our Q1.” Having a common framework and...
Blockchain for Responsible Sourcing – Where Does It Fit?
Blockchain is a revolutionary technology — without a doubt. The next-level security, transparency, and efficiency of blockchain technology will redefine many...
Worker Insights to Drive Action: How to Operationalize Worker Voice Using Technology
Guidelines to consider when incorporating worker voice tech into your supply chain program.
When Worker Voice is Next on the Agenda
What steps can you take to encourage a culture of open dialogue and worker well-being within your supply chain?
When Worker Voice is Only a Whisper
To engage with the most vulnerable in your supply chain, start by evolving your company's culture. There are a number of organizations doing great work to uncover slavery and engage workers within...
You Can’t ‘Contract Away’ Supply Chain Problems
There are many compelling reasons for international businesses to ensure that their global supply chains are free from ethically or environmentally questionable practices. Any company that's serious...
Moving Beyond Spreadsheets for Responsible Supply Chains
I love Excel. There, I said it. It is an incredibly powerful, versatile tool that I’ve used for everything from finance to carbon modelling. With such a powerful tool, there is a temptation to use...
Effective Traceability for Responsible Pulp, Paper, & Packaging
Paper and packaging is, in some ways, a unique commodity. Unlike other commodities, paper, pulp, and packaging are critical for every industry, from coffee to furniture. Coincidentally, paper...
4 Elements of a Successful Supply Chain Transparency Strategy
As corporate priorities evolve, large enterprises have realized that supply chain transparency is not only a critical aspect of brand image, but is also of paramount importance for the bottom line....
From the Farmer to the Foil: The Cacao Supply Chain Challenge
Chocolate is undoubtedly a world favorite in the realm of sweets. Each year, more than 3 million tons of cocoa beans are used to produce the treats we find on store shelves. The chocolate we...
Responsible Sourcing as Part of Corporate Governance
Hello, my name is Alex, I’m the CEO of SupplyShift. Although we typically focus on supply-chain specific items of interest, I wanted to start this year with a broader look at the business...