TECHNOLOGY
24
S ustainability is often seen as a cost by businesses . Many leaders believe that you must sacrifice profitability to achieve a sustainable value network , but this is not the case . On the contrary , improved efficiencies across the value network lead to goods that are delivered faster and at a fraction of traditional emission levels , which in turn , means less waste and better resource management .
A greener supply chain is one that delivers greater environmental credentials while fulfilling ever-increasing consumer expectations of quality and value . This is only able to happen when visibility and efficiency is improved throughout the entire supply chain . This oversight improves collaboration between stakeholders , from manufacturing all the way to retail . It also means , logistically , that you are being as efficient and ‘ carbon-friendly ’ as possible .
Technological developments mean that every step of the supply chain can be created and optimised virtually , as each party involved can be monitored and all operations can be assessed in
APRIL 2020