PROCUREMENT INSIGHTS
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“‘ Purpose ’ is no longer something that ’ s nice to have ; it ’ s become a must-have strategic imperative that is high on every organisation ’ s agenda if they want to be perceived as relevant , admired , and innovative by their customers , employees , investors , partners , communities , and public entities ,” advises SAP Ariba in its latest white paper which outlines its commitment to supporting its customers in their “ mission to create a more purpose-based , equal , and nondiscriminatory world through partnerships with organisations such as a Made In A Free World , ConnXus , EcoVadis , Maplecroft , and UN Global Compact ”.
Increased awareness of the negative effects of supply chains which fail to conform to modern ethical and sustainability standards has been a wake-up call for organisations around the world . Due to the rise of social media the pressure on brands to be seen to be operating ethically has risen exponentially as public opinion , both positive and negative , can go viral in an instant .
SAP Ariba identifies the challenge for businesses as confronting how to “ use their influence to improve the human , economic , and environmental impact of every organisation that their supply chain touches ”. Defining this as “ procurement with purpose ” SAP Ariba believes purpose-led businesses can redefine the value chain by designing models that create value for all stakeholders , supply chains , communities , and the planet . “ SAP Ariba is a purpose-driven
DECEMBER 2018