Unleash the Power of Sustainable Sourcing in Supply Chains
Sustainability often starts in the supply chain. Without an effective sustainability program within the sourcing and procurement and supply chain functions, the rest of the environmental, social and corporate governance (ESG) footprint can quickly disintegrate. Why it matters: To maintain competitiveness, organizations must build a diversified and resilient supply base that embeds sustainability into business […]
Women in Energy Podcast: What Keeps Energy Leaders Up at Night?
What’s new: We recently participated in a podcast with the Women’s Energy Network (WEN). Why it matters: This lively discussion covered many topics, including: Market trends Key risks Innovation Importance of being agile The bottom line: Much of our conversation focused on what’s on energy leaders’ minds, including findings from Protiviti’s top risks survey. Listen […]
How Digital Twins Transform Supply Chains
What’s new: Digital twins can optimize existing supply chains and help design new trade networks. Supply-chain digital twins are now being created faster with less expensive technology and fewer eye-popping 3D graphics. Yes, but: Harnessing these opportunities starts with correcting three common misunderstandings. How it works: The foundational building blocks of supply chain digital twins […]
Technical Debt Demands Your Attention
By the numbers: Technical debt consumes nearly one-third of technology budgets and more than one-fifth of technology professionals’ time; 70% of CIOs and technology leaders view technical debt as a major drag on their organization’s ability to innovate. Why it matters: Technical debt creates critical concerns for the organization, not the least of which is […]
How CFOs Can Use Data and Analytics to Drive Strategy
The big picture: CFOs have a vested interest in advanced analytics, given their role to bridge the gap between strategic and operational decision making through planning and forecasting activities. What’s new: More FP&A groups are rebranding themselves as business planning and analysis (BP&A) functions to signify the beyond-finance manner in which planning, forecasting and analytical […]
Supply Chain Orchestration Graduates From Theory to Leading Practice
The big picture: Leaders have learned that excess inventory does not suffice as insurance for supply chain disruptions. Boards view major supply chain complications as strategic risks. Why it matters: A pervasive and lengthy under-investment in innovation has created supply chain models that: Focus too much on past performance Operate on too little data Feature […]
