ESG programs are a high-priority topic for many enterprise procurement teams. Data from Oxford Economics reports that 88% of procurement and supply chain teams that have a clear mission statement around sustainability or are in the process of writing one. CDK Global is no exception, and as a leader in the retail dealership software space, its procurement team often sets trends for digital transformation across the industry. That’s why VP of Supply Chain Mike Morsch knew that when it came to ESG, the program needed to be data-driven, comprehensive, meaningful and actionable — not just for existing suppliers, but for *potential* suppliers involved in strategic sourcing RFP cycles. Using Arkestro’s Predictive Procurement Orchestration (PPO) platform, CDK launched a Procurement ESG Program in under two weeks with a maturity level that most companies take 1-2 years to attain. The best part? No manual data entry, no supplier surveys and third-party validated scores and ranks useful in QBRs. Join us for insights on the three most popular approaches to ESG Programs for top procurement teams, why one approach is gaining widespread traction and how PPO can help you deliver faster results to your stakeholders.

 

Contributors: Arkestro, CDK Global
Categories: 2022 Spring - Amelia Island, Summit Presentations
SRC Type: Sourcing Management, Sustainability