SOURCE: Antea Group
The past year has been full of change. But threaded underneath the tumult of the pandemic, we’re seeing another kind of transformation in how companies must evolve supply chain management.
It used to be that accountability ended at the limits of a company’s own perimeter. But now, businesses are feeling the pressure when it comes to being accountable for the totality of their supply chain. Leading companies have long understood the broad risks and opportunities embedded within the supply chain (e.g. environment management, social and ethical practices, business continuity, cost). The pressure and expectations have been ratcheted up considerably in recent years from multiple key stakeholder perspectives.
Technology has revolutionized the world and has made everything transparent. Investors are using advanced data analytics, AI-assisted software, and cloud business intelligence tools to gain a sophisticated view of supply chains. This comes as no surprise when you consider that supply chain compliance is one of the biggest emerging concerns for investors. All of this newly unearthed data means a clearer view of a supply chain risk profile - and the truth isn’t always pretty. With this increased visibility comes increased expectation for risk mitigation...
Read full article here on Antea Group's blog.
About Antea Group: Antea Group is an international engineering and environmental consulting firm specializing in full-service solutions in the fields of environment, infrastructure, urban planning, and water. By combining strategic thinking and multidisciplinary perspectives with technical expertise and pragmatic action, we do more than effectively solve client challenges; we deliver sustainable results for a better future. We serve clients ranging from global energy companies and manufacturers to national governments and local municipalities. Learn more at https://us.anteagroup.com.
Tweet me: Companies must account for sustainability and business continuity along their entire supply chain. How can they turn this into an opportunity for growth and business resiliency? Read the latest @AnteaGroup post. https://bit.ly/2LnAmXM
KEYWORDS: Sustainability, supply chain, antea group, ESG