Monday, September 7, 2020

Supply Chain Sustainability



Companies aim to function more sustainably. There's no doubt that going green is the way of the future and being environmentally conscious. And to meet the future, businesses manufacture their products or distribute their goods or services in a way that does not harm the environment, does not deplete natural resources, does not contribute to climate change.

One way a company does this is by looking at the entire production process (I mean anything from a product to a service when I say production), from where the raw materials are produced, to the whole process inside the factory, to the use and eventually the disposal or recyclability of their product or service.

1)  carefully select your suppliers

2) Be creative

3) Explain the business value

  • From a corporate standpoint, reliable supply chains must be efficient and usually require buy-in from management or executive departments.
4) Transparency
  • The compliance problem – particularly in emerging markets – is compounded by the sheer number of vendors deeper in the supply chain as well as the use of subcontractors and a multitude of requirements and regulations. 
5) Trust experts
  • Switch to a tried-and-tested approach to evaluate the operating efficiency and supply chain when it comes to sustainability.


1 comment:

  1. Cite the source. I see only paraphrasing attempt.

    https://hbr.org/1994/07/the-challenge-of-going-green

    ReplyDelete

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