Mark Romanelli
October 31, 2022
Protecting your business through supply chain sustainability management
Like a vessel stuck in the Suez Canal, lack of sustainability management might seriously interrupt your supply chain in the future. In this article, our expert, Mark Romanelli, helps you keep your business afloat by following a tried-and-tested process.
With the ever-growing investor and regulator scrutiny of GHG emissions, and the myriad of risks posed by climate change, this is a highly important topic for all companies.
- Determine which suppliers to engage to proactively manage sustainability risks and opportunities through a supplier segmentation process
- Develop a differentiated supplier sustainability management strategy for strategic, emerging, and non-critical supplier segments
- People – A supplier sustainability governance structure delineating roles and responsibilities across internal stakeholders
- Process – Integration of new processes across the procurement organization, including supplier criteria for bidding, bid evaluation, and contract management
- Technology – A sustainability performance management software system that can track compliance and progress accurately and automatically.
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Mark Romanelli
Manager