Solving supply chain challenges
Digitalisation is often seen as a tool to drive efficiency and cut costs in the supply chain, but it presents wider opportunities for companies amid an increased focus on building sustainable supply chains.
This is where innovative tools can come into play, wading through the masses of data available to provide a clear picture of where companies and supplies stand on key issues, such as modern slavery, supplier diversity, and compliance with regulations.
“Take modern slavery, for example. For large brands, the issue isn’t just about compliance—it’s about their reputation,” Julian Harris, RobobAI CEO, explained.
“Consumers care deeply about whether a company is involved in modern slavery, and it can significantly impact a brand’s image. Investors also take this seriously; banks, for instance, may offer different financial instruments depending on how good a corporate citizen the company is. So, it affects the company’s finances as well.
“There’s also the legal and compliance side. In Europe, there’s an incr…
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