Data-Driven Decision-Making for Profitable & Sustainable Products
Consumer demand, regulations, financial investors and employees are driving businesses towards more sustainable practices, but inflation, supply chain disruption, shipping cost increases are all having an affect. As a Sourcing or Procurement professional at a Product Developer or Manufacturer, you have a big responsibility but also the opportunity to make a significant impact, but you need data.
Without data, making the right decisions to negotiate a mutually beneficial supplier cost, from an environmentally friendly location, using an optimized process is not intuitive, and balancing product performance, profitability and sustainability is a big challenge. This session will cover some of the practices and initiatives you can implement to unlock data-driven decisions for strategic, sustainable sourcing with fact-based negotiations, along with some real-life case studies of how, with the right tools at your fingertips, you can design and manufacture, more profitable, better quality, greener products that your customers will love.