SUSTAINABILITY
“ The challenge is suppliers may be mapping their required data but policy in that region is not asking for it ; or the inverse might apply , where specific regions demand data that companies aren ’ t equipped to provide .”
Common mistakes Achieving transparency through a supply chain is a challenging task , but some organisations may be making it harder for themselves by making mistakes in the implementation of their sustainability efforts .
“ Instead of assuming suppliers will adhere to requests , oftentimes , there is necessary handholding involved ,” explains Kapila Mehta from Schneider Electric . “ For example , are suppliers adequately mapping Tier 2 , 3 and 4 and sharing their own suppliers ?”
Alex Saric from Ivalua continues that a piecemeal approach can ultimately lead to quality and access issues . “ They may purchase one solution where they track risk , another for overall ESG , another specifically for carbon emissions , another for managing supplier contracts , and so on . This leads
“Transparency will free you to understand what you are doing , and by extension , have the tools and data to monitor what you are doing ”
PIERRE LAPRÉE CHIEF PRODUCT OFFICER , SPENDHQ