Trends & Issues-II


Meeting the Challenges of Developing Supply Chain Transparency to Build Trust

Business stakeholders, including customers and investors, want greater supply chain transparency. It is a complex challenge that technology can overcome when the organization invests the necessary resources.-By Sharon Ross

It is no secret among procurement leaders that transparency along the supply chain is a major concern. Unfortunately, many organizations still find transparency to be poor, with the majority of them unable to trace products beyond Tier 1 suppliers. This lack of transparency is a problem not just for procurement, but also for customers, investors and suppliers as well. With transparency built on visibility or traceability, it is easier to build tr....