This is the second post in a series on supply chain sustainability. In the first post, “Why Is Supply Chain Sustainability Becoming a Crucial Part of Manufacturing?” the general concepts that constitute supply chain sustainability were discussed.Read More
This post is the third in a series dealing with supply chain sustainability. The first post, “Why Is Supply Chain Sustainability Becoming a Crucial Part of Manufacturing?” highlighted the four pillars of sustainability. The second discussed the benefits of traceability to maintaining or developing a sustainable supply chain.Read More
The largest, most successful companies are rapidly adopting initiatives focused on improving the sustainability of their supply chain. Among the leaders are companies like Kimberly Clark who is rolling out extensive, multi-year programs around energy and climate, fiber sourcing and responsible forest management, waste and the circular economy, corporate social compliance, etc. Such companies see the value in sustainability programs — and they'll be the ones to gain a competitive advantage for it.Read More
The move to greater sustainability can be seen everywhere from small, local businesses to large multinational ones. While many companies identify the supply chain as the most difficult aspect of their business to make sustainable, it is also one of the most important.
This is largely due to the impact that a sustainable supply chain can have on the overall well-being of society and the environment. However, the benefits to the actual business should not be overlooked. One advantage is developed through increased brand value due to consumer concern with the environment, but there are other benefits as well.
Consider the fact that sustainable supply chains are, by their very nature, less resource intensive than their counterparts. A move to greater sustainability involves a move to greater efficiency, as the two go hand in hand. This means that despite upfront costs, investments in sustainability can actually significantly decrease expenses in the long term.Read More