Gartner recently published this in-depth report exploring the procurement manager's challenges when running a responsible sourcing program, including the effect on supplier relationships.
It's never been more important to feel close to your trusted supply chain, distance notwithstanding. In addition to rigorous independent auditing, anecdotal experience plays a crucial role in the ongoing supplier selection process. Both kinds of information must be readily available. TRAM's global supply chain module includes an interactive and intuitive wiki element that allows buyers to share their experiences and also see what their colleagues had to say. This creates a more holistic and relatable profile for each supplier.
In addition, for certain business requirements, some responsible materials sourcing could be made a lot less risky with better use of what's already there. Too many times, fully-approved, re-deployable assets sit in indefinite storage purgatory. Idle and forgotten, they're eventually thrown into landfill to make room for more of the same being needlessly manufactured again. With TRAM, we give these assets the visibility they need to get reused. TRAM's reuse module also helps raise the visibility of suppliers who may sometimes feel as invisible as the assets they're warehousing.
These are just a couple of ways TRAM's 360-degree approach to responsible asset management makes all your remote assets feel a lot closer.