Why make the effort Supply Chain professionals will face a challenge in the near future: reduce emissions through the company’s supply chains while managing costs. Reuters reports that about 70 percent of businesses worldwide are exposed to unexpected extreme weather events that will likely impact profitability of the business. Investing in projects that limit the effects of climate change is … Read More
Develop the Design Map for Extended Supply Chains
Disruptions in supply chains Is there a need to know about your organisation’s Extended Supply Chains – upstream and downstream from the Tier 1 suppliers and customers? The answer is Yes. Disruptions in supply chains can often be caused by situations at Tiers 3 and 4 suppliers and logistics services. Current environment based examples are: a lack of water in … Read More
Mapping the Flows through Core Supply Chains
Commencing the Sustainability journey The reporting standards for Sustainability discussed in the previous blogpost provide a template for understanding and reducing the environmental, social and governance (ESG) effects that each business can cause. Although your business may not be initially required to report through one of the standards, your company’s customers may need to report and therefore will require your … Read More
Climate Change reporting standards include Supply Chains
The new reporting standards The term ‘Sustainable Supply Chains’ mean different things to different people. Not only by customers and suppliers in your region, but those in other regions that have different priorities and investment criteria concerning sustainability. To help organisations talk from the same perspective, there have been quite a few (and confusing) attempts to standardise reporting by businesses … Read More
Achieve improved Value Added through your Supply Chains
Value in Supply Chains A recent article that discussed value in supply chains, illustrated the ongoing challenge of using definitions in supply chains that all can agree. If basic definitions like Value Chain are inconsistent, then what hope is there for agreement on the multitude of new terms and ‘buzz words’ used in supply chains? Value of a business is … Read More