Nalanda

Who is Being Most Proactive?

According to Juan Gil, large organisations (especially those who are prone to accusations of corruption) are taking the most proactive steps to manage risk within their organisations and supply chains – generating a trickling down throughout the supplier ecosystem. “The [risk management of the] second or third tier of subcontractors are moving with the tailwind of their first and main clients,” he said.

The Digitisation Opportunity

Nalanda sees an opportunity to drive SaaS solutions within key sectors that have been slow to adopt digital technologies – for example, construction and energy. “The international ISO regulations are requiring the companies to use systems to manage all the change in supply chain compliance, which is also an important driver and a tailwind for us.”

Drawing Insights is a Key Focus Area

Juan Gil sees the need for analytics and insights as paramount to good business practice “Since the very beginning we tried to focus on ESG and introducing transparency, reducing risk, and focusing on accidents. We evaluate, make ratings, performance indicators and government sustainability, data protection and we try to focus on all the complaints areas of the different companies.”