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

robots carry goods through a warehouse

Fortna: rethink your distribution strategy for 2025

Facing an evolving supply chain landscape in 2025, companies are being forced to rethink their distribution strategies to cope with challenges like rising cost pressures, persistent labor shortages, and the complexities of managing SKU proliferation.

But according to the systems integrator Fortna, businesses can remain competitive if they focus on five core areas:

Keep ReadingShow less

Featured

shopper uses smartphone in retail store

EY lists five ways to fortify omnichannel retail

In the fallout from the pandemic, the term “omnichannel” seems both out of date and yet more vital than ever, according to a study from consulting firm EY.

That clash has come as retailers have been hustling to adjust to pandemic swings like a renewed focus on e-commerce, then swiftly reimagining store experiences as foot traffic returned. But even as the dust settles from those changes, retailers are now facing renewed questions about how best to define their omnichannel strategy in a world where customers have increasing power and information.

Keep ReadingShow less
artistic image of a building roof

BCG: tariffs would accelerate change in global trade flows

Geopolitical rivalries, alliances, and aspirations are rewiring the global economy—and the imposition of new tariffs on foreign imports by the U.S. will accelerate that process, according to an analysis by Boston Consulting Group (BCG).

Without a broad increase in tariffs, world trade in goods will keep growing at an average of 2.9% annually for the next eight years, the firm forecasts in its report, “Great Powers, Geopolitics, and the Future of Trade.” But the routes goods travel will change markedly as North America reduces its dependence on China and China builds up its links with the Global South, which is cementing its power in the global trade map.

Keep ReadingShow less
woman making purchase with smartphone

C.H. Robinson says shippers are stressed about tariffs and trade changes

Shippers are actively preparing for changes in tariffs and trade policy through steps like analyzing their existing customs data, identifying alternative suppliers, and re-evaluating their cross-border strategies, according to research from logistics provider C.H. Robinson.

They are acting now because survey results show that shippers say the top risk to their supply chains in 2025 is changes in tariffs and trade policy. And nearly 50% say the uncertainty around tariffs and trade policy is already a pain point for them today, the Eden Prairie, Minnesota-based company said.

Keep ReadingShow less
woman shopper with data

RILA shares four-point policy agenda for 2025

As 2025 continues to bring its share of market turmoil and business challenges, the Retail Industry Leaders Association (RILA) has stayed clear on its four-point policy agenda for the coming year.

That strategy is described by RILA President Brian Dodge in a document titled “2025 Retail Public Policy Agenda,” which begins by describing leading retailers as “dynamic and multifaceted businesses that begin on Main Street and stretch across the world to bring high value and affordable consumer goods to American families.”

Keep ReadingShow less