Andy Hancock, a seasoned executive with 15 years at SAP, currently holds the role of Global Vice President of the Centre of Excellence within SAP Digital Supply Chain. Through various leadership positions, Hancock has delivered measurable outcomes for global brands by championing innovation. His expertise lies in challenging norms to create competitive advantages in turbulent markets. This blog explores Hancock’s ideas and actionable insights on cultivating a risk-resilient and sustainable supply chain. As Global VP of the Center of Excellence at SAP Digital Supply Chain, Hancock sheds light on the vital juncture where risk management and sustainability converge in supply chain dynamics.

Amid the evolving landscape of supply chain management, the need to shift from a cost-conscious and efficient approach to one that embraces risk resilience and sustainability has never been more crucial. Hancock’s ideas provide a blueprint for not just managing business risk, but holistically embedding sustainability within the core fabric of supply chain operations. His insights revolve around three foundational capabilities, each of which plays a pivotal role in fostering a risk-resilient and sustainable supply chain. Hancock advocates for the interconnectedness of every process within the supply chain and extending across the entire business ecosystem. This connectedness offers a panoramic view, allowing businesses to identify potential risks and opportunities, optimize processes, and enhance overall visibility.

The integration of real-time operational data with overarching business insights forms the basis of contextual decision-making. Hancock’s approach ensures that decisions are not made in isolation but are informed by both immediate operational considerations and long-term strategic objectives. Collaboration with partners across the supply chain ecosystem is a cornerstone of building a robust supply chain. By forging digital connections with partners, businesses create a responsive network that shares vital information, enabling proactive risk mitigation and fostering sustainability initiatives. As we explore Hancock’s ideologies and insights, we gain a deeper understanding of the transformative potential within supply chains. By embracing interconnectedness, contextual decision-making, and ecosystem collaboration, businesses lay the groundwork for supply chains that not only navigate uncertainties but also thrive while contributing to a sustainable future. Hancock’s perspectives offer a roadmap to navigate the dynamic landscape with foresight and resilience.