Sustainable supply chain management is quickly becoming a necessity for businesses. Here's the lowdown on why green is … The soda company has made plans across various departments for improving its supply chain by 2020. But the ball is now in the consumer’s court, according to new research by Miebach Consulting. Adoption of responsible sourcing will require supply chain leaders to make sustainability a non-negotiable element that is as important as quality. 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. 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. 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. It can help companies save money while reducing their carbon footprint. Growing importance of sustainability in supply chain management Despite the coronavirus pandemic, companies are continuing to work on sustainability initiatives. ... the urgency for increased transparency in supply chain sustainability has … However, more specifically, sustainable procurement is the process of … ... A solid, sustainable supply chain keeps not only profits but people and the planet in mind. From prioritising ethical suppliers to minimising overproduction and waste by efficient supply and demand management. Supply chain sustainability is a topic of increasing importance for businesses and can be of particular interest to SMEs. There is a growing need for integrating environmentally sound choices into supply-chain management. The importance of supply chain sustainability. Work closely with relevant NGOs and international institutions interested in improving supply chain sustainability. This in turn will impact how sourcing teams are measured. Sustainability in the supply chain can be recognised at almost every stage of the process. 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. Explain the importance of responsible sourcing. The importance of supply chains for the sustainable business. What’s supply chain sustainability you may ask? Published Tuesday, Nov. 10, 2020, 9:56 am. As a by-product of these activities, scarce energy is depleted. By aligning the interests, there is a better chance of successfully adapting meaningful changes towards true sustainability. A recent survey suggests 30% of manufacturers are gaining new profits directly from Supply-chain sustainability is a business issue affecting an organization’s supply chain or logistics network in terms of environmental, risk, and waste costs. The importance of supply chain sustainability. 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