Skip to content
Search AI Powered

Latest Stories

Businesses can increase sustainability despite global disruptions, SAP and Accenture say

Partners say collaboration boosts transparency and visibility across assets and inventory.

SAP accenture Screen Shot 2023-05-16 at 11.43.18 AM.png

In the face of ongoing disruptions in global supply chains, businesses can still improve the sustainability of their operations with tools from a new partnership between enterprise software vendor SAP and consulting firm Accenture that will offer customers increased transparency and visibility across assets and inventory, the partners said.
 
 Speaking at SAP’s annual user conference in Orlando, the two companies said they have expanded an existing relationship to focus on the accelerated delivery of transparent, resilient, and sustainable supply chains across key industries on the SAP Business Network, which is a business to business (B2B) collaboration platform where companies connect, transact, and partner on shared processes and information.

SAP said the approach provides new capabilities in:


  • Logistics: to collaborate with carriers, track goods in transit, and capture and validate data related to emissions and product genealogy help to ensure that trading partners are operating in a sustainable way
  • Procurement: Responsible sourcing capabilities monitor for suppliers’ compliance with metrics and values in the network
  • Supply Chain: Business to business (B2B) integrations support cross-industry supply chain processes and create specialized solutions for supply chain planning, purchase order collaboration, and quality management processes
  • Asset Management: Intelligent capabilities optimize asset performance by using data in a central repository that shares information with equipment, asset operators, manufacturers/OEMs, and suppliers, which increases trust and collaboration between parties and results in faster completion of maintenance and repairs with fewer errors, improving the availability of the asset

“Supply chains of the future require total enterprise reinvention, enabled by data and a strong digital core,” Caspar Borggreve, senior managing director and lead of the Accenture SAP Business Group, said in a release. “Accenture’s deep expertise in supply chain management, SAP Business Network capabilities, transformation strategies, and leading industry practices can help our clients realize value faster with future-ready supplier networks that bring new visibility into operations, increase agility, and reduce sustainability risk.”

 

 

Recent

More Stories

photos of grocery supply chain workers

ReposiTrak and Upshop link platforms to enable food traceability

ReposiTrak, a global food traceability network operator, will partner with Upshop, a provider of store operations technology for food retailers, to create an end-to-end grocery traceability solution that reaches from the supply chain to the retail store, the firms said today.

The partnership creates a data connection between suppliers and the retail store. It works by integrating Salt Lake City-based ReposiTrak’s network of thousands of suppliers and their traceability shipment data with Austin, Texas-based Upshop’s network of more than 450 retailers and their retail stores.

Keep ReadingShow less

Featured

minority woman with charts of business progress

Study: Inclusive procurement can fuel economic growth

Inclusive procurement practices can fuel economic growth and create jobs worldwide through increased partnerships with small and diverse suppliers, according to a study from the Illinois firm Supplier.io.

The firm’s “2024 Supplier Diversity Economic Impact Report” found that $168 billion spent directly with those suppliers generated a total economic impact of $303 billion. That analysis can help supplier diversity managers and chief procurement officers implement programs that grow diversity spend, improve supply chain competitiveness, and increase brand value, the firm said.

Keep ReadingShow less
Logistics industry growth slowed in December
Logistics Managers' Index

Logistics industry growth slowed in December

Logistics industry growth slowed in December due to a seasonal wind-down of inventory and following one of the busiest holiday shopping seasons on record, according to the latest Logistics Managers’ Index (LMI) report, released this week.

The monthly LMI was 57.3 in December, down more than a percentage point from November’s reading of 58.4. Despite the slowdown, economic activity across the industry continued to expand, as an LMI reading above 50 indicates growth and a reading below 50 indicates contraction.

Keep ReadingShow less
pie chart of business challenges in 2025

DHL: small businesses wary of uncertain times in 2025

As U.S. small and medium-sized enterprises (SMEs) face an uncertain business landscape in 2025, a substantial majority (67%) expect positive growth in the new year compared to 2024, according to a survey from DHL.

However, the survey also showed that businesses could face a rocky road to reach that goal, as they navigate a complex environment of regulatory/policy shifts and global market volatility. Both those issues were cited as top challenges by 36% of respondents, followed by staffing/talent retention (11%) and digital threats and cyber attacks (2%).

Keep ReadingShow less
cargo ships at port

Strike threat lingers at ports as January 15 deadline nears

Retailers and manufacturers across the country are keeping a watchful eye on negotiations starting tomorrow to draft a new contract for dockworkers at East coast and Gulf coast ports, as the clock ticks down to a potential strike beginning at midnight on January 15.

Representatives from the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) last spoke in October, when they agreed to end a three-day strike by striking a tentative deal on a wage hike for workers, and delayed debate over the thornier issue of port operators’ desire to add increased automation to port operations.

Keep ReadingShow less