I'm sure you agree: "You don't know what Supply Chain Sustainability (SCS) means, but it sounds like a good idea." Supply chain sustainability is like saying, "I'm going to start eating healthily" - it sounds great on paper, but when you get down to it, what does "eating healthily" mean? And how do we know if the food is healthy? Sustainable supply chains emerged as a response to consumer demand for better information about the environmental impact of products, such as food and clothing, that they purchase. According to research, 80% of consumers indicate sustainability is crucial to them. Yet another survey from IBM says 57% of CEOs identify unclear ROI (return on investment) as a leading sustainability challenge. Do you know what's the most sustainable thing a company can do? That's right: nothing. Seriously though, that's not a wrong answer—you must be careful about defining "sustainability." The United Nations defines ...
In a world faced with the prospect of tightening supplies, higher energy costs heightened geopolitical risk, and strained transportation networks, advanced supply chain technologies will become mission-critical for many more companies. The supply chain task is not an enterprise problem; it is an end-to-end network problem involving multiple enterprises. Therefore, the solution does not lie in fixing one link in the chain but in devising a community.