Executive Summary: Voluntary demands for supply chain sustainability data are increasing from multiple stakeholders, and regulatory requirements, such as the SEC conflict minerals ruling, are steadily mounting. For firms with thousands of suppliers dispersed across the globe, the challenge of capturing accurate data across a range of environmental, social, governance and sustainability issues is a daunting prospect. This report provides an independent analysis of the supply chain stewardship market, based on a review of the solutions of 26 software and managed service providers. Verdantix finds that while these solutions are gaining traction with Fortune 500 firms, vendors need to do more to articulate the value to customers of cost reductions, improved supplier risk management and brand benefits gained from implementing supply chain stewardship solutions.
July 14th, 2015