Adoption of responsible sourcing will require supply chain leaders to make sustainability a non-negotiable element that is as important as quality. ... A solid, sustainable supply chain keeps not only profits but people and the planet in mind. Published Tuesday, Nov. 10, 2020, 9:56 am. But the ball is now in the consumer’s court, according to new research by Miebach Consulting. The importance of supply chains for the sustainable business. As a by-product of these activities, scarce energy is depleted. Sustainable supply chain management is quickly becoming a necessity for businesses. From prioritising ethical suppliers to minimising overproduction and waste by efficient supply and demand management. The importance of supply chain sustainability. The Importance of Supply Chain Management ... As designers of the network, supply chain professionals are in a key position to develop more sustainable processes and methods. This in turn will impact how sourcing teams are measured. Opportunity to Decrease Energy Use – Supply chain activities involve both human and product transportation. By aligning the interests, there is a better chance of successfully adapting meaningful changes towards true sustainability. However, more specifically, sustainable procurement is the process of … A recent survey suggests 30% of manufacturers are gaining new profits directly from The soda company has made plans across various departments for improving its supply chain by 2020. Importance of sustainability within the supply chain needs to be beneficial for three things: people, planet, and profit. Sustainability in the supply chain can be recognised at almost every stage of the process. In supply chain management programs and other academic training, sustainability is being woven into the curriculum, highlighting the push for responsible production in all aspects of business. Coca-Cola has similar goals. It hopes to reduce production's water usage by 25 percent from 2010 to 2020, and as of the business's "2014/2015 Sustainability Report," it is nearly halfway there. There is a growing need for integrating environmentally sound choices into supply-chain management. Work closely with relevant NGOs and international institutions interested in improving supply chain sustainability. It can help companies save money while reducing their carbon footprint. Here's the lowdown on why green is … What’s supply chain sustainability you may ask? ... the urgency for increased transparency in supply chain sustainability has … The importance of supply chain sustainability. As companies continue to reach their goals and prioritize during these stressful times, the concept of supply chain sustainability is one of the #1 priorities. Supply chain sustainability is a topic of increasing importance for businesses and can be of particular interest to SMEs. 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