CIPS
What you don't know about your supply chain can hurt you

What you don't know about your supply chain can hurt you

Are financial crimes being committed within your operations? Is forced labour at work in your supply chain? And do any of the companies you work with have business models that damage the environment? These are not trivial questions. If organisations cannot correctly answer all of the above, they are taking risks that could prove costly – both financially and reputationally.

There is evidence that too many companies – and too many procurement functions – are implicitly accepting such risks as business as usual. The startling findings of a recent survey by Refinitiv, a company which provides information, insights and technology to drive innovation and improve performance in the world’s financial markets, certainly suggests this is the case.

Read this CIPS Download report, produced in partnership with Refinitiv, to discover why what you don't know can hurt you.

Related Expert Reports

Slavery-free? Prove it.

Slavery-free? Prove it.

Modern slavery operates in the shadows, but despite growing scrutiny, it's on the rise. This report explores why tackling modern slavery in supply chains remains a persistent challenge for organisations. Based on 600 responses, the British Standards Institution (BSI), in partnership with CIPS, conducted research into why this is. Read the report to get insight into visibility risks, barriers to addressing modern slavery, and practical recommendations to support effective remediation.

The Supply Chain AI Readiness Report

The Supply Chain AI Readiness Report

More than half of supply chain professionals are probably using generative AI. But fewer than 1 in 10 of supply chain AI pilots have identified what it takes to translate that enthusiasm into industrial-scale results.

Through our research and interviews with senior supply chain executives, we have identified a group we call the “Performance Elite.”

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