JAGGAER：2024實(shí)現(xiàn)采購持續(xù)性成功白皮書 Unlocking Sustainable Success in Procurement A JAGGAER White Paper

UnlockingSustainable

SuccessinProcurement

AJAGGAERWhitePaper

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01I

Introduction

Inthiswhitepaper,weexplorethe

mainESGgoalsandchallengesfacedbyorganizations.Wedemonstrate

howJAGGAER’ssuiteofsolutionscanhelpcompaniesovercomethese

challengesthroughinnovative

technologyandseamlessintegrationwithindustrypartnersspecializinginkeyareasimpactingESG.Businessescanachievelong-termsuccessby

adoptingJAGGAERsolutionsthatwillgivethemacompetitiveedge,allowingthem

toembracesustainablepracticesthat

helptopreservetheenvironmentand

meettheneedsandsocialprioritiesof

today’sbusinessandconsumermarkets.

ThereismoretoEnvironmental,Social,andGovernance(ESG)thanpolishingyourorganization’sreputationand

brandimage.ESGstrategieshave

becomeoneofthemostimportant

componentsofresponsiblebusiness

practicesinanincreasinglycomplex

businesslandscape.ESGfactorsplayacrucialroleinoverseeingbusiness

andconsumerecosystemsthroughouttheextensiveprocurementjourney,

spanningfromsourcetopay(S2P).

AsaresultofintegratingESGstrategies

andactivitieswithinthemanagementoftheirsupplychains,companiesnotonlymitigaterisks,avoidingregulatorypenaltiesandsupplychaindisruptions,buttheyalsogainknowledgeand

insight,whichprovidesthemwiththe

capacitytomakebetterdecisions,

ensuringcontinuityandstabilitythroughouttheirsupplychains.

Contents

01|Introduction2

WhyESGMatters:NavigatingCompliance,Performance,and

InnovationforBusinessSuccess4

ReputationandStakeholderExpectations4

ComplianceandLegalRequirements4

FinancialPerformanceandInvestorRelations4

OperationalEfficiencyandRiskMitigation4

InnovationandCompetitiveAdvantage5

LeveragingESGandriskmanagementDatainProductDevelopment5

Long-TermSustainability5

02|ESGGoalsintheS2PSpectrum6

Goal:ComprehensiveESGDataIntegration6

Goal:CentralizedESG&RiskManagementSolution7

Goal:Cross-DepartmentalCollaboration8

03|NavigatingESGProcurement:Challenges

andTransformativeSolutions9

Challenge:ProcurementTransformationforESG9

Challenge:HarnessingESGPerformancefromSuppliers10

Challenge:AchievingCarbon-NeutralTransportationSolutions11

Challenge:LeveragingESGInformationinProcurementDecisions12

Challenge:ReducingPaperUsage13

04|Conclusion14

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WhyESGMatters:

NavigatingCompliance,Performance,

andInnovationforBusinessSuccess

Reputationand

StakeholderExpectations

FinancialPerformanceandInvestorRelations

Sustainability,socialresponsibility,andethicalbusinesspracticeshavebecome

increasinglyimportantforan

organization’sstakeholders,includingcustomers,investors,employees,andregulators,whoplacefargreater

emphasisonthesethanwasthecase

justafewyearsago.Inordertoupholdafavorablereputationandfulfillthe

expectationsofstakeholders,

companiesmustshowcasetheir

dedicationtosustainabilityandadeptlynavigatetheirenvironmental,social,

andgovernance(ESG)risks.

Complianceand

LegalRequirements

RegulationsandreportingrequirementsrelatedtoESGfactorshavebeenorarebeingimplementedinmostjurisdictionsandmanyindustries.Companiesmust

gatherrelevantESGdatatocomplywiththeseregulationsandmitigatethelegal

risksthatcanresultfromnon-compliance.

ESGfactorshaveasignificantimpact

onacompany’sfinancialperformanceandaccesstocapital.Developing

strongESGperformanceisaneffective

waytoattractmoreinvestment,

reducecapitalcosts,andimproveinvestorrelations.

OperationalEfficiencyandRiskMitigation

Abetterunderstandingand

managementofESGriskswithinthevaluechainresultsinimproved

operationalefficiencyandcostsavings.Inadditiontoreducingresource

consumptionandwastegeneration,

sustainablepracticesalsoreducethe

associatedcosts:abenefitforthe

environmentandsimultaneouslyforthebottomline.EffectiveriskmanagementcanidentifyandmitigateESGrisks,

ensuringthatbusinessoperationsare

notdisrupted,orperformanceadverselyaffected.

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Innovationand

CompetitiveAdvantage

BusinessstrategiesthatincorporateESGconsiderationsfosterinnovationandprovideacompetitiveadvantage.Themostinnovativecompanies

identifynewmarketopportunities,

developrevolutionaryproducts,attracttalent,anddistinguishthemselves

fromthecompetitionbyproactivelyaddressingESGchallenges,turningthemintoopportunities.

LeveragingESGand

RiskManagementDatainProductDevelopment

Organizationscanmakeinformedproductdevelopmentdecisionsby

incorporatingESGandriskmanagement

datafromtheideationphase,which

enablesthemtoidentifyfeasibilityearlyonandminimizespotentialdisruptionsinthelaterstagesofdevelopment.

Advancedsupplychainsaresubjecttoconstantgeopolitical,economic,and

environmentalfluctuations,whichrequireESGandriskmanagementinformationtoensurequality,rigor,andcompliance.

Long-TermSustainability

IncorporatingESGandriskmanagementdataenablesorganizationstopursue

social,economicandenvironmental

sustainabilityforthelongterm.The

assessmentofthepotentialimpactsoftheiroperationsenablesthemtoseek

improvementsandestablishsustainablepracticesalignedwiththeirlong-term

goals.

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02I

ESGGoalsintheS2PSpectrum

Goal:ComprehensiveESGDataIntegration

IncorporatingESGandriskmanagementdataenablesorganizationstopursuesocial,economicandenvironmentalsustainabilityforthelongterm.Theassessmentofthe

potentialimpactsoftheiroperationsenablesthemtoseekimprovementsandestablishsustainablepracticesalignedwiththeirlong-termgoals.

JAGGAERSolution:End-to-EndDataFlow

WithJAGGAER’ssuiteofsolutions,youcanintegrateESGdataacrossall

departmentsandtouchpointsinthe

S2PSpectrum,eliminatinginformationsilos.JAGGAER’sSupplierManagement,Sourcing,Contracts,eProcurement,

Invoicing,Payments,andAnalytics

solutionsusethesamecommonpool

ofESGandriskmanagementdata,fromupstreamtodownstream.ThisholisticapproachensuresthatESG

considerationsinfluencedecision-makingateverystep,drivingsustainable

outcomesandmaximizingthereturnonESGinvestmentsthroughincreased

efficiency.

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Goal:CentralizedESG&RiskManagementSolution

Challenge:MonitoringandManagingESGKPIsEffectively

OneoftheprimaryESGgoalsistoimplementacentralESGandriskmanagement

solutionthatallowsorganizationstoidentifyandmanageallrelevantKeyPerformanceIndicators(KPIs).Alackofsystematiccollectionandanalysisofthevarioustypesof

ESGdata,derivedfromvariousfeedsandsources,leadstoinefficienciesandincompleteassessments.

JAGGAERSolution:SupplierManagement

JAGGAER’sSupplierManagement

Solutionaddressesthischallengebyofferingacentralizedplatformfor

monitoringandmanagingESGand

risk-relateddata.Businessescangaincomprehensiveinsightsintosupplierperformanceandsustainability

practicesthroughthird-party

technologypartnerssuchasTealbook,EcoVadis,andD&B,whoofferpowerful

assessmentcriteriaandAI-poweredtools.JAGGAERSupplierManagement,in

conjunctionwiththesepartners,canhelpcustomersgainadeeperunderstandingoftheirsuppliers.Thisunifiedapproach

empowersorganizationstomake

data-drivendecisions,effectively

aligningtheirsourcingandprocurementstrategieswiththeirESGobjectives.

8

Goal:Cross-DepartmentalCollaboration

Challenge:EnsuringESGInformationAvailabilityacrossDepartments

CompaniescanderivesignificantbenefitsfromESGandriskmanagementinformation,

extendingbeyondtheprocurementdepartment.Collaboratingwithengineering,

R&D,supplychain,sustainability,andservicesdepartmentsisessentialtoachievingholisticsustainabilitygoals.However,fragmenteddataandalackof

cross-departmentalcommunicationhindercomprehensivedecision-making.

JAGGAERSolution:DataIntegrationandCollaboration

Byintegratingdataandfacilitating

collaboration,JAGGAER’sSupplier

Managementsolutioncaneliminate

departmentalsilos.Theintegrationofinformationacrossdepartmentscanhelpbusinessesensurethatthey

considereveryelementofESGand

riskmanagementwhenmakingcritical

decisions.Itfacilitatescollaborationacrosstheorganizationthrough

comprehensiveaccesstodata,ensuringalignmentwithsharedsustainabilitygoals.

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03I

NavigatingESGProcurement:

ChallengesandTransformativeSolutions

Challenge:ProcurementTransformationforESG

Procurement’sprioritieshaveexpandedbeyondcost,quality,andspeedtoinclude

innovation,sustainability,riskmanagement,andalignmentwithsocialvalues.Inordertodeliverintheseareas,businessesmusthavemechanismsinplacethatallowthem

toaligntheirprocurementactivitieswithestablishedESGtargetsandmonitorcompliance.

Partnersinvolved:

Beroe&TheSmartCube

Regulationssupported:

ConflictMinerals/Cobalt&Mica,ResponsibleMineralsInitiative,

SupplyChainDueDiligenceAct,EUEmissionsTradingScheme(CO2tax)

JAGGAERSolution:IntegratingESGCriteriaintoCategoryStrategy

JAGGAER’sCategoryManagementsolutionnotonlyempowers

procurementteamstoincorporate

ESGandriskmanagementmeasuresthatcanbetrackedwithintheir

categorystrategyKPIsbutalso

enablesbusinessestousesupplier

managementinformationasinputstosustainablestrategies.Bydiscoveringnewsuppliersandreviewing

sustainabilityandcompliancecriteria

throughthird-partytechnologypartnerssuchasBeroeandTheSmartCube,

businessescanconfidentlyinclude

sustainableandsociallyresponsible

suppliersintheirsupplierportfolios.

Furthermore,thisintegrationallows

monitoringofallsuppliersandactionslinkedtocategorystrategies,ensuringeffectivehandlingofchallengesand

drivingpositiveESGoutcomeswhileachievingprocurementobjectives.

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Challenge:HarnessingESGPerformancefromSuppliers

ESG-compliantsuppliersofferoperationalefficiencyandcompetitiveadvantages.

Inordertocultivatepowerfulsupplierassessments,businessesneedasolutionthatstreamlinesESGandriskmanagementinformation.

Partnersinvolved:

EcoVadis,D&B,Prewave,Sphera,Moody’s(BureauvanDijk)andDescartes(VisualCompliance)

Regulationssupported:

SupplyChainDueDiligenceAct,EUREACH&RoHS,Sanctionslistcheck

JAGGAERSolution:Supplier360°View

JAGGAER’sSupplierManagement

solutionofferscomprehensiveand

centralizedsupplierassessmentand

performancemonitoring,providing

businessleaderswiththetoolsthey

needtoassesssuppliers’ESGand

compliancepractices,regulatory

adherence,andenvironmentalimpact.LeveragingAI-poweredcapabilities

fromtrustedthird-partypartnerssuchasEcoVadis,D&B,andPrewave,our

solutionenablesreal-timeeventandnewsinformationtobeseamlessly

integrated,empoweringbusinesses

withtimelyinsightstomakeinformeddecisions.Withaccesstothiscriticaldata,organizationscandevelop

effectiveactionplans,promote

diversitywithintheirsupplychains,andproactivelymitigatepotentialrisks

associatedwithsuppliers.

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Challenge:AchievingCarbon-NeutralTransportationSolutions

Inthetransportationspace,carbonemissionshaveemergedasasignificantconcern,andcompaniesaimforcarbon-neutralsolutions.

RegulationsSupported:

TheEuropeanGreenDeal,NY’sCLCPA

JAGGAERSolution:Sustainability-DrivenSourcing

TheJAGGAERDirectSourcingplatformprovidesbusinesseswiththeabilitytocollectandanalyzecarbonimpactdatafromlanesandcarrierswhilecarryingoutsourcingevents.Thisenables

themtoreducetheircarbonfootprintbyprocuringfromsuppliersprioritizingsustainabilityandfactoringincarbonimpactdirectlyintoscenario

optimization.BydeployingJAGGAERDirectSourcinginconjunctionwith

JAGGAERSupplierManagementtheyensuresustainablesupplierselection

fromtheoutset,withadditional

informationavailablethroughsupplier

assessmentsthathelpsegment,qualifyandassociaterisklevelsforallsuppliers,enhancingtheoverallselectionprocess.

JAGGAERAnalyticsprovidesfurther

visibilityintowhat’shappeningacrossyoursupplychain,helpingyouto

improveresultsacrossallspend,takingintoaccountmultipledimensions

includingcost,time,supplier

performance,ESGandriskmanagement.

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Challenge:LeveragingESGInformationinProcurementDecisions

ESGandriskmanagementinformationholdsthekeytomakingsustainableand

sociallyresponsibleprocurementdecisions.Businessesneedtoensurethatsuchinformationinfluencestheirsourcingchoiceseffectively.

RegulationsSupported:

TCFD,SECClimateDisclosures,EUShipRecyclingRegulation,EUREACH&RoHS,Sanctionslistchecks

JAGGAERSolution:SustainableProcurementCriteria

JAGGAEReProcurementempowers

businessestoincorporateESGandriskmanagementdatathroughproduct

flagsandsupplierclassifications.

Suppliersandproductscanberatedaccordingtospecificcriteria,allowing

companiestomakesustainable,diverse,andcompliantprocurementdecisions.

Integratingthisinformationenhancessupplierdiversityanalysisandensuresstrategicandsustainablesourcing.

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Challenge:ReducingPaperUsage

Inthequestforsustainability,businessesarefindingitincreasinglyimportantto

reducepaperusage.Traditionalpaper-basedinvoicingprocessesnotonlycontributetosubstantialpaperwastebutalsoresultinadditionalenvironmentalburdens

associatedwithprinting,mailing,anddisposal.Electronicinvoicingisaviableandimpactfulsolution