... A solid, sustainable supply chain keeps not only profits but people and the planet in mind. By aligning the interests, there is a better chance of successfully adapting meaningful changes towards true sustainability. Supply chain sustainability is a topic of increasing importance for businesses and can be of particular interest to SMEs. The importance of supply chain sustainability. Sustainability in the supply chain can be recognised at almost every stage of the process. Explain the importance of responsible sourcing. The soda company has made plans across various departments for improving its supply chain by 2020. 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. 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. Here's the lowdown on why green is … What’s supply chain sustainability you may ask? As a by-product of these activities, scarce energy is depleted. Work closely with relevant NGOs and international institutions interested in improving 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. The Importance of Creating a Sustainable Supply Chain Management System. Published Tuesday, Nov. 10, 2020, 9:56 am. A recent survey suggests 30% of manufacturers are gaining new profits directly from ... the urgency for increased transparency in supply chain sustainability has … From prioritising ethical suppliers to minimising overproduction and waste by efficient supply and demand management. But the ball is now in the consumer’s court, according to new research by Miebach Consulting. However, more specifically, sustainable procurement is the process of … Growing importance of sustainability in supply chain management Despite the coronavirus pandemic, companies are continuing to work on sustainability initiatives. The importance of supply chain sustainability. Importance of sustainability within the supply chain needs to be beneficial for three things: people, planet, and profit. Sustainable supply chain management is quickly becoming a necessity for businesses. This in turn will impact how sourcing teams are measured. It can help companies save money while reducing their carbon footprint. 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. The importance of supply chains for the sustainable business. Opportunity to Decrease Energy Use – Supply chain activities involve both human and product transportation. 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