Whether from customers, investors, governments, or regulatory bodies, enterprise organisations are facing pressure from all angles to meet ambitious sustainability pledges. With looming deadlines, no clear path to improvement, and the need to balance sustainability against other key business goals, the race is on to satisfy these stakeholders and make concrete progress.
The majority of a large company’s environmental impact – on emissions, water, land, natural resources, biodiversity, and more – will sit in the upstream value chain. Enterprise organisations also have a huge impact on our communities and influence how our society operates throughout their value chains.
In the context of the global sustainability challenge, then, the simple truth is that we cannot be sustainable without our suppliers. Smart enterprises are leveraging Supplier Collaboration and Innovation to drive close, collaborative relationships with their extended ecosystem in order to deliver on strategic sustainability goals.
From baselining the sustainability credentials of your entire value chain to meeting net zero emissions reduction targets, Supplier Collaboration and Innovation provides the most robust methodology for becoming a more sustainable business.
Your first step on the path to successful Supplier Sustainability is to take a baseline view of current performance across your supplier cohort. Compare data from EcoVadis, CDP, and the Science Based Targets initiative and even use your own frameworks.
Once you have a clear picture of where your biggest impact can be found and which areas of your value chain can be prioritised for improvement, the next stage is aligning with suppliers to set robust supplier sustainability targets.
Next, start collaborating with your suppliers by aligning on your targets and applying joint efforts to reductions over time. Set leading metrics to monitor progress and seek innovative solutions to transform unsustainable categories.
Measure, align, collaborate, and transform your supplier sustainability performance, all in one place. Establish supplier sustainability programmes across portfolios of suppliers, underpinned by both common disclosure systems and custom frameworks. Set a roadmap of improvement targets across this cohort of suppliers or at the individual supplier level, and collaborate on improvement with projects and innovation opportunities.
Instantly access sets of normalised & aggregated data at an individual supplier level or across a set of suppliers from common disclosure frameworks like CDP & SBTi, and create your own custom frameworks to measure supplier performance.
Establish relationships in Vizibl with key sustainability suppliers, set shared objectives aligned with your strategic business goals, create joint business plans, and jointly strategise on the sustainability actions that will benefit both your businesses.
Meet your targets by collaborating alongside colleagues and supplier stakeholders alike on projects in Vizibl, and use supplier innovation and open innovation to transform unsustainable categories into new opportunities.
Combine the Vizibl platform’s sustainability and supplier management functionality with our expert strategic consulting for a sustainability programme that builds “customer of choice status” amongst key suppliers, tailored exactly to your organisation’s needs.
Take advantage of Vizibl’s systematic, multi-dimensional approach to data and analytics to build centralised reports & dashboards that quantifiably track and prove your progress on supplier sustainability.
Our digital procurement platform enables global organisations to place collaboration, innovation & sustainability at the heart of supplier relationships. Align key suppliers and partners around your business objectives, collaborate seamlessly on complex projects, source innovation from your supply base, and track ROI to prove the true value of your work. All on one platform, all Vizibl.
Establish, govern, and optimise key supplier relationships, all in one place. Build a joint vision and account plan with key suppliers, supported by shared business plans, measurable objectives and mutually beneficial outcomes.
Collaborate with internal stakeholders, external suppliers, and extended business partners in one place, in real time, on active, collaborative projects that help you deliver on your organisation's biggest goals.
One central location to source, develop, manage, & measure supplier innovation. Customisable initiatives, opportunities, stage gates, and projects allow full freedom to define and manage your innovation challenge.
Measure, align, collaborate, and transform your supplier sustainability performance, all in one place. Leverage powerful CDP and SBT frameworks alongside your own custom frameworks, and transform data into action.
“Vizibl has given us the ability to closely align our global procurement team and our strategic and preferred suppliers to the Astellas corporate strategy in order to drive mutual business value. Not only have we improved relationships, performance, and outcomes with our suppliers, we’ve driven better, active, collaborative relationships within our own enterprise – enabling procurement to achieve valued business partner status in the Astellas business.”
Paul O’Neill, SVP Global Head of Procurement, AstellasRead Astella Pharma's story