As retailers manage widespread sourcing and supply chain disruption, they must also account for and respond to environmental, social, and governance (ESG) pressure from consumers, investors, and regulators. Maintaining awareness of the many layers of ESG metrics is complicated by the dynamics of material shortages, logistics challenges, and supplier instability.
A next-gen sourcing strategy powered by a product and supply chain platform can enable retailers to master the surety of supply, wield greater control over time to market, execute ESG plans, and better manage margins and costs.
In this white paper, you’ll learn key benefits that a modern approach to next-gen sourcing can deliver, including:
- Holistic costing strategies
- ESG and data transparency
- Agile purchasing
- Supplier diversification