Supply chain sustainability is the effort to focus on goals that are environment friendly and improve resource optimization, and at the same time retain or increase revenue. Sustainable chain management starts right at the onset of the procurement process, from the sourcing of goods and services to the timely delivery of products at the promised time.
Global supply chain sustainability efforts align with the corporate social responsibility activities of enterprises and enable green operations. The efforts result in cost savings and an improved supply chain in the long term. Improving sustainability in supply chains requires managers to assess risks and opportunities alike, bringing in sustainable targets in the process.
Supply chain sustainability in gaining momentum and will shape the way supply chain strategies are designed, with an increasing number of companies adopting sustainability efforts in their strategy.
GEP SMART is an AI-powered, cloud-native source-to-pay platform for direct and indirect procurement. GEP SMART offers comprehensive source-to-pay functionality in one user-friendly platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities.
GEP NEXXE is a uniﬁed and comprehensive supply chain platform that provides end-to-end planning, visibility, execution and collaboration capabilities for today’s complex, global supply chains. Built on a foundation of data, artiﬁcial intelligence and cognitive technologies, GEP NEXXE helps enterprises digitally transform their supply chains and turn them into a competitive advantage.