As supply chains become increasingly globalised and disparate, it is now crucial that organisations take responsibility for their supplier relationships. Suppliers are increasingly seen as the responsibility of the buying organisation, with client and customer expectations, supply chain legislation, and resulting supply chain risks constantly evolving.
According to a recent survey by HSBC, a third of global businesses are looking to improve the sustainability of their supply chains over the next three years. The survey of 8,500 companies in 34 countries, published in HSBC’s Global Report, shows that those businesses making environmentally sustainable changes to their supply chains are motivated primarily by cost efficiencies and improved revenues.
However, despite growing stakeholder pressure, many companies still do not have visibility of the compliance, risk and potential negative impacts in their supply chains. Collecting, managing, analysing and reporting data across your supplier network is possibly the most impactful way of creating a more sustainable supply chain and ensuring supplier risk and compliance is managed effectively.
Greenstone enables you to engage your suppliers through its award-winning supply chain sustainability software and support services. Greenstone’s SupplierPortal platform provides highly customised supplier management through:
Intuitive, secure Software-as-a-service (SaaS) platform enabling responsible supply chains.
If you’d like to discuss our supply chain sustainability software in more detail, please do not hesitate to get in touch with us. We are proud to be working with a number of organisations to enable responsible supply chains, and partner with our clients to help them achieve their sustainable supply chain goals. You can read up on our client success stories here.