STRATEGIC SOURCING
“ We’ re at a tipping point: with most planetary boundaries already breached and climate impacts happening more often”
Ard Verboon, Chief Procurement Officer,
Schneider Electric
With new tools like agentic AI transforming procurement by bridging the data-to-action gap and offering enhanced decision orchestration.
Spencer believes that AI, which he describes as the“ biggest technology shift since the advent of the internet” will continue to revolutionise everything that we do.
“ Great applications in SCM haven’ t yet landed. IoT can be helpful, small sensors and computers can help with things like early promotion of risk, but adoption isn’ t universal.”
Ard believes that, in the next five years, responsible sourcing will be a true competitive edge.“ We’ re at a tipping point: with most planetary boundaries already breached and climate impacts happening more often, the risks for businesses are real and immediate,” he adds.
“ The World Economic Forum’ s global risk report makes it clear that ecological challenges and their ripple effects are now top business risks. Science tells us human actions are speeding up these changes, so companies can’ t afford to sit on the sidelines. Customers, investors, and regulators are all raising their expectations. It’ s about survival, resilience and shaping the industry for the better.”
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