The world of Configure, Price, Quote (CPQ) solutions is buzzing with talk of a “new era”...
Ready for the green transition?
What's a good way to integrate sustainability into your sales strategies?
As the United Nations Global Compact-Accenture CEO Study on Sustainability (link) highlights, CEOs are recognizing the importance of integrating sustainability to build resilience and identify new opportunities for growth. And, this is were CPQ can play a crucial role in helping companies achieve these goals.
One key aspect of this transformation is the supply chain, where many organizations are looking to increase visibility and decarbonize in order to build resilience in the face of global uncertainty. With CPQ, companies can gain visibility into their supply chain by centralizing product data and automating the quoting and ordering process. This allows companies to identify opportunities for reducing their carbon footprint and making sustainable choices in their supply chain operations.
Another important aspect of this transformation is the need for companies to effectively manage and analyze data. The report highlights the importance of ecosystem engagement and collaboration in building resilience and identifying new opportunities for growth. With CPQ, companies can gain a deeper understanding of their customers and market trends by centralizing and analyzing data. This allows companies to identify new opportunities for collaboration and make data-driven decisions that support their sustainability goals.
Additionally, CPQ can help companies track and report on key performance indicators (KPIs) related to sustainability, such as energy consumption, waste reduction, and water usage. This allows companies to monitor and demonstrate their progress towards achieving ambitious sustainability targets, and effectively communicate this progress to stakeholders.
Furthermore, the report calls on governments to provide clear direction and support for the private sector to achieve ambitious sustainability targets. By standardizing ESG reporting frameworks, enabling the circular economy, and investing in sustainable basic infrastructure, CPQ can help companies to monitor and report their progress towards these targets, and effectively communicate this progress to stakeholders.
In short, CPQ is a valuable tool for any company looking to transform the business model and find strategies to be more sustainable. By providing visibility into the supply chain and automating the sales process, CPQ can help companies identify opportunities for reducing their carbon footprint and building a more sustainable organization. Additionally, CPQ can help companies to monitor and report their progress towards ambitious sustainability targets, and effectively communicate this progress to stakeholders.