Energy Magazine April 2020 | Page 31

TECHNOLOGY ’ S ROLE IN A MORE SUSTAINABLE FUTURE
model . This model focuses on keeping resources in use as long as possible , extracting the maximum value from them whilst in use , then recovering and regenerating products and materials at the end of each service life .
Adoption of the circular supply chain is being driven by technologies such as IoT , advanced data analytics and realtime data capture , which break down organisational silos and increase collaboration and communication .
TECHNOLOGY ’ S ROLE IN A MORE SUSTAINABLE FUTURE
New technologies are making a sustainable supply chain far more attainable for businesses . By utilising these technologies , it will be possible for businesses to reduce pollution and their carbon footprint , creating a much more sustainable supply chain and enabling them to make a positive impact on many of the world ’ s pressing environmental issues . Employing the advice and expertise of trusted technology partners here will help promote these efforts and spell a promising future for sustainability in the corporate world .
The impact of technology on the supply chain isn ’ t just good for the planet , but good for business as well . Modern consumers are far more conscious about the sustainability of the businesses they deal with and are far more likely to spend money with a company leading the way , while increased efficiency , transparency and speed are always welcomed by the consumer .
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