How can businesses be a force for good? Learn the three key factors that drive purchasing behavior. Play video Responsible supply chain management is good for business The study SAP Ariba and the UN Sustainable Development Goals Our vision: SAP Ariba is committed to a more purpose-driven, equitable, and non-discriminatory world, so we are empowering businesses to lead with supply chain transparency in order to procure with purpose. Making a difference: SAP Ariba and the United Nations Global Compact (UNGC) have a shared vision to make a difference in the world. Dedicated to building technology that supports compliance with the Sustainable Development Goals (SDGs), SAP Ariba is working together with the UNGC to bring these capabilities to as many businesses as possible. Why: What drives consumers’ buying decisions? SAP Ariba conducted an international study across five major markets and five industries to gain insight into the key factors that influence buying decisions. Overview infographic Consumer Insights Brand Loyalty Price Supply Chain Transparency Three key themes stand out when analyzing consumers’ purchasing decisions: Brand Loyalty Consumers are more loyal to brands they perceive as having a positive impact on the world. Explore Price There is a willingness to pay a premium for products from companies that are transparent with their supply chain practices. Adherance to the UN SDGs can be a validation of a brand’s commitment to positively influence the world. Explore Supply Chain Transparency Brands with transparent supply chains are preferred. Well-managed risk can lead to stronger performance attracting talent and investors. Explore Millennials are entering their prime spending years, and their habits are shaping the economy. On average, 53% would be willing to pay more for brands that build more visibility into their purchasing practices. Rising Consumer Expectations for Ethical Procurement Consumers want to know more about the things they buy, where their money is going, and if companies they support share their values. In order to back sustainable organizations, consumers need openness. That openness is made possible through advanced technology. Credibility Tech Explore the industry reports Technology PDF Manufacturing and Automotive PDF Retail PDF Consumer Products PDF Finance PDF Enabling responsible supply chain management From fighting modern slavery to protecting our oceans and ending poverty in all forms, the United Nations Global Compact is driving action towards seventeen ambitious Sustainable Development Goals to accomplish much-needed change by 2030. SAP Ariba’s people and technology are uniquely positioned to support the UN Global Compact and its mission of driving greater visibility across all suppliers in today’s global markets. Sustainable business Make risk due diligence part of the process SAP Ariba Supplier Risk helps your buyers make smarter, safer decisions before purchase, simply by making risk due diligence a natural part of the procurement process. When your buyers are well-informed, they can make decisions that prevent supply chain disruptions. Make smarter decisions twitter facebook instagram youtube linkedin email Careers Offices SAP Investor Relations Privacy Terms of Use Trademarks Export Controls Legal Disclosure General Data Protection Regulation Cloud Trust Center Copyright Sitemap Cookie Preferences Cookies are important to the proper functioning of a site. To improve your experience, we use cookies to remember log-in details and provide secure log-in, collect statistics to optimize site functionality, and deliver content tailored to your interests. Click Agree and Proceed to accept cookies and go directly to the site or click on More Information to see detailed descriptions of the types of cookies and choose whether to accept certain cookies while on the site. I accept all cookies View and change cookie preferences Privacy Policy | Powered by: