Current Situation
Currently procurement purchases items as needed from the suppliers identified. In many cases the suppliers are not monitored for their ethical or sustainable sourcing activities. In other cases they are monitored by there is too much data to sift through manually to determine supplier compliance. This can harm a brands reputation purchases from wrong suppliers and also cause issues within the supply chain, value chain and customer.
Goals and Objectives
By automating the ethical and sustainable sourcing activities organizations improve compliance to Corporate Social Responsibility programs including supplier ethical practices, child labor, conflict minerals and diversity requirements.
Technology Deployed
Enterprise Hardware, Personal devices, Cloud, Big data/analytics, Mobile, Applications, Connectivity Services, Cognitive, Next Generation Security
Use Case Summary
Integration of compliance aspects and automating the ethical and sustainable sourcing activities improves visibility and knowledge of a supplier’s workplace principles and supplier’s compliance. It allows for real time review of the supply base to the requirements, enabling identification of issues before they arise.