Supply Chain World Volume 10, Issue 3 Volume 10, Issue 3 | Page 58

______________________________________________________________________________________________________________________
B Corp commitment
How does one stay ahead ? “ Well ,” notes Andreas , “ it all comes down to one question : How do you service your membership or customer base better and more quickly ? “ The expectations that clients have around banking are increasing . Therefore , we ’ re now utilizing third parties in different ways , which can bring about new , rewarding opportunities for procurement organizations .”
Andreas calls this smart sourcing , which isn ’ t necessarily outsourcing , but focuses how organizations can bring in outside help via third parties to support key enterprise initiatives to expedite delivery . “ It ’ s not about changing our organization ,” Andreas assures us , “ but , rather , it ’ s about accelerating future value generation for our membership .
“ It ’ s the commercial realization of going to market with a product much more
quickly by creating a supplier ecosystem
Proud to fuel the Coast Capital Savings community , we are dedicated to green initiatives and quality service
Premier provider of local brands :
Contact us for all your office coffee needs millcreekcoffee . ca / info @ millcreekcoffee . ca with deep roots . So , that ’ s really what we ’ ve been focusing on recently in order to tackle these challenges in the market head-on . For example , Rogers is one of our key strategic suppliers in the mobility and telecoms space .”
Undoubtedly , though , sustainability must play a part in what Andreas dubs smart sourcing – more and more organizations , up and down the supply chain , are waking up to the need for more environmentally sound practices .
As Andreas quickly points out , Coast Capital is a proud certified B Corporation , a designation that indicates a business is meeting high standards of verified performance , accountability , and transparency .
This covers governance , employees , community , environment , and customers . Within these categories , Coast Capital has demonstrated high social and environmental performance practices , made commitments to socially responsible
58