Waste happens When waste is discussed, it typically refers to waste generated within a business. However, an increasing requirement for Sustainability of organisations means that the waste of time and materials must include that occurring throughout the supply chains. The extent of the challenge can be assumed to be large, but is dependent on the industry sector and the strategies … Read More
How to ‘understand’ suppliers through your supply chains
Understand suppliers Supply Chains cannot be managed. Instead, the role of supply chain professionals is to understand supply chains and the likely actions of suppliers and providers of supply chain services. But what does ‘understand’ mean? It relates to understanding the likely behaviour and response of businesses to unplanned occurrences in their supply chains. How much the responses are likely … Read More
The requirement to map your Supply Chains is approaching
ESG approach to manage risk The previous blogpost discussed three aspects of Sustainability built into government regulations. In the EU regulation, Sustainability is focussed on the ESG elements of environmental (e.g. climate change), social (human rights) and governance (due diligence) that requires a business to identify, manage and mitigate risks in its value chains. The ESG risk reduction approach to understanding … Read More
Laws will drive the need for Supply Chains Mapping
Sustainability Directive in Europe Momentum is increasing, with this year seeing the introduction or enforcement of Sustainability laws concerning Operations through supply chains. The laws may initially only relate to large businesses, but if they are your customers, their Procurement people will be asking questions, so you will need to ask questions of your suppliers, wherever they are located. The … Read More
Climate Change risk factors that affect Supply Chains
The Climate and change In 2015, most countries signed the Paris Agreement with an objective to ‘limit temperature increase to 1.5 degrees Celsius above pre-industrial levels’. Over the past twelve months to February 2024, global temperature increase has been 1.56 degrees Celsius (Source: EU Copernicus Climate Service), yet there has been little reaction. Ten years ago it was considered that … Read More