April 28th, 2022 | 45:48

Supply Chain Innovation Today: The Imperative of Future-Proofing – Benchmark Study

As much as 65% of the value of a company’s products or services is derived from its suppliers and its supply chain.

You cannot effectively manage your suppliers without real-time data insight. With the right data and automation to improve operational efficiencies, you can take time and resources you gain from these improvements and reallocate them to focus on how to make your supply chain more resilient. Being digital has become an imperative for future-proofing our business. In the 2021 survey, 60% of companies are expecting supplier quality digital transformation in the next one to three years – same as in 2020.

Join us as we look at ComplianceQuest’s Supplier Quality Maturity Study of 2021 on how companies are faring from 2020 and what changes are occurring based on supplier quality digital transformation projects.

Key Take-aways:

  • Compare the progress made from 2020 benchmark study
  • From the COVID-19 tipping point, what projects are being spearheaded to prepare for the future normal
  • Understand key areas that companies are still struggling within the supply chain
  • What progress do we see in the evaluation, on-boarding, collaboration and communication, engagement, performance and risk of a supplier
  • What are the trends/impacts and the obstacles from improving supplier quality

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