Are You Outsourcing Your Business Sustainability Risk?

Supply Chain Management (SCM) over the past few decades has proven to be big cost saving opportunity for many businesses.  Traditional procurement strategies have primarily focused on cost, with most professional consulting firms targeting savings of 7% to 9% of revenue (including: vendor reduction, leverage spend, inventory reductions, transaction efficiencies, and administration savings through centralized functions).  However, growing business sustainability risks and opportunities within the supply chain have many companies reevaluating their purely cost savings driven decision making. 

In the 1990s and the early part of the 2000s, many businesses began to evaluated the strategic value of their procurement functions.  Some of the companies, whom we now work with in our sustainability consulting, saw a leverage opportunity in consolidating and even outsourcing what they considered transactional functions, (i.e. non-essential to their core business model).    Over the last few years, we have observed these same organizations reevaluating their business risk, particularly in the supply chain.  Our professional consulting has observed many leading companies are now realizing the unique value in elevating sustainable supply chain management as a strategic in-house competency.  Companies are examining the value of company resources with: click here to continue reading. 

Home to one third of the earth's trees, the Taiga is the largest land-based biosphere and encircles the globe. Its immense oxygen production literally changes the atmosphere and refreshes the planet. It is this continuous renewal that has shaped Taiga Company's vision to drive similar change in the business world. Taiga Company seeks to be the "oxygen for your business".

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