TECHNOLOGY
critical opportunities to innovate , losing out to more forward-thinking competitors , and being unprepared for future disruption .”
How technology can help to navigate geopolitical disruption With supply chains becoming longer and more global , organisations could be at risk of exposure to geopolitical disruptions as well as other risks , and Saric believes that “ often , organisations are unaware of their exposure ”.
He adds : “ Even if a business does not have direct suppliers in these regions , it ’ s very possible that their suppliers work with vendors there , creating a risk of disruption . That ’ s why it is so essential to have 360 degree visibility into suppliers , including the sub-tier .”
Thurman explains that this is where an organisation can benefit from a digital solution : “ As an organisation , we have always been focused on taking steps to provide our customers with solutions that help them to find supply .”
She adds : “ Supply chains have been severely disrupted at the moment ; they are fragile . But one thing we are committed to as an organisation is creating a solution that allows our customers to find suppliers that may not be within their current community . We have SAP Ariba Discovery , a solution that allows buyers to identify and match with suppliers from around the world that meet their needs .
“ Specifically , in terms of the current crisis in Ukraine , we have modified our solution to give suppliers the ability to raise their hand if they are able to help with humanitarian aid . Since the start of March 2022 , we have already had 852 suppliers raise their hand to support Ukraine .”
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