Explore the silver lining of supply chain disruption. Exiger CEO Brandon Daniels is joined by guest speaker and Forrester Principal Analyst Renee Murphy to discuss how true supply chain visibility can enable your organization to uproot outdated risk systems and processes, and replant with supply chain risk management fit for the future.
Procurement and supply chain professionals can no longer only think about cost and performance as compliance moves to the forefront with legislation like the U.S. Uyghur Forced Labor Prevention Act (UFLPA), Germany’s Supply Chain Act, the proposed SEC climate disclosure rule and the European Union (EU) proposed ban on goods made with forced labor.
While regulatory enforcement creates a burden, it also gives industry an opportunity to innovate. Compliance can and should be a catalyst for change to unlock significant value for business leaders.
For example, the UFLPA forced the solar industry to acknowledge that more than 90% of silicon-based solar modules likely contain components made by minority forced labor in China. These “inexpensive” solar modules were jeopardizing $2.2B of solar projects now subject to regulatory enforcement. Visionaries among impacted companies used this as impetus to determine new sources of silicon, better their manufacturing processes and pioneer new solar technology to thrive in a world looking for sustainable alternatives. This concept of turning disruption into momentum can apply across any industry.
In Supply Chain Visibility and ESG Convergence: Transforming Crisis into Innovation in the New Era of SCRM, Forrester Principal Analyst Renee Murphy and Exiger CEO Brandon Daniels discuss the silver lining of supply chain disruption – how true supply chain visibility can enable businesses to uproot outdated risk systems and processes, and replant with supply chain risk management fit for the future.
- What critical legislation and rulemaking is driving multi-tier supply chain mapping and will impact how industry manages supply chains?
- Where does the global redesign of supply chains, led by risk management drivers, lead to innovation in critical sectors?
- How can technology help organizations to improve visibility, efficiency and compliance, ultimately to re-architect their supply chains?
- Where can organizations reap benefits beyond cost reduction and risk mitigation to drive innovation, opportunities and competitive advantage?
Principal Analyst, Forrester