How standardization advances supply chain responsibility
SupplyShift
FEBRUARY 1, 2020
Imagine requesting a Q1 financial report from a vendor and receiving data for September through November. “What?” the vendor asks incredulously…“That’s our Q1.” Having a common framework and understanding of terms, requirements, and measurements for evaluation—or standardization—is critical to well-functioning business processes. This is especially true in the case of supply chain sustainability.
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