These turbulent times mean it is more pressing than ever to strive for greater supply chain visibility and transparency. Supply Management spoke to a range of experts to discover how different organisations are achieving greater oversight of their own and their suppliers’ operations
The Covid-19 pandemic has put a huge strain on global supply chains, with manufacturing stalling, air and sea ports far over capacity or closed, and the delivery of raw materials and finished goods interrupted.
These multiple disruptions had a severe effect on supply chain cash flow, working capital and supplier relationships, as a recent McKinsey report shows. The impact of such disruptions was exacerbated in places with poor supply chain visibility, limiting effective responses and increasing the risk for future strategies and investments.
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EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.
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