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 urgency for increased transparency in supply chain sustainability has … Explain the importance of responsible sourcing. From prioritising ethical suppliers to minimising overproduction and waste by efficient supply and demand management. 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. Supply chain sustainability is a topic of increasing importance for businesses and can be of particular interest to SMEs. A recent survey suggests 30% of manufacturers are gaining new profits directly from The importance of supply chain sustainability. Published Tuesday, Nov. 10, 2020, 9:56 am. By aligning the interests, there is a better chance of successfully adapting meaningful changes towards true sustainability. Opportunity to Decrease Energy Use – Supply chain activities involve both human and product transportation. Work closely with relevant NGOs and international institutions interested in improving supply chain sustainability. What’s supply chain sustainability you may ask? Coca-Cola has similar goals. It can help companies save money while reducing their carbon footprint. The Importance of Creating a Sustainable Supply Chain Management System. ... A solid, sustainable supply chain keeps not only profits but people and the planet in mind. The importance of supply chains for the sustainable business. Sustainable supply chain management is quickly becoming a necessity for businesses. Adoption of responsible sourcing will require supply chain leaders to make sustainability a non-negotiable element that is as important as quality. As a by-product of these activities, scarce energy is depleted. There is a growing need for integrating environmentally sound choices into supply-chain management. 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. This in turn will impact how sourcing teams are measured. Growing importance of sustainability in supply chain management Despite the coronavirus pandemic, companies are continuing to work on sustainability initiatives. However, more specifically, sustainable procurement is the process of … 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. 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