article thumbnail

Sustainable Manufacturing for Sustainable Supply Chains

Logistics Viewpoints

Across the globe, companies continue to pledge to reduce their emissions, capture their emissions, and help to reduce the negative impacts of climate change. For many companies, this process begins with an overhaul of their manufacturing processes, looking at ways to promote sustainable manufacturing.

article thumbnail

Corporate Sustainability Due Diligence Directive (CSDDD)

SCM Research

A few days ago, the European Council approved the Corporate Sustainability Due Diligence Directive (CSDDD). It does “not cover the disposal of the product”. The Directive will now go to the EU Parliament for approval.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Helping Companies Identify Environmental Sustainability Opportunities

Arena Solutions

Since 1970, EARTHDAY.ORG continues to raise public awareness and concern about conservation and sustainability for planet Earth. In the spirit of Earth Day, PTC signed the Science Based Targets initiative (SBTi) commitment letter acknowledging the importance and urgency of sustainability and lowering greenhouse gas emissions.

article thumbnail

Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Understanding how inflation impacts procurement and then taking action to mitigate its effects is essential for any business looking to stay ahead of the game. How Inflation Impacts Procurement Inflation affects a number of aspects of a business, including its ability to compete in the market, financial performance, and overall strategy.

article thumbnail

Driving Sustainable Supply Chain Change

The Logistics & Supply Chain Management Society

Driving Sustainable Supply Chain Change. by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By Source: IDC FutureScape: Worldwide Supply Chain 2022 Predictions — APEJ Implications. Companies, both large and small, are changing.

article thumbnail

How manufacturers can adopt a sustainable supply chain

SYSPRO Smarter ERP

Due to increasing pressure from various stakeholders, many companies are turning their focus to ensuring that their supply chains are sustainable. What is a sustainable supply chain? What is a sustainable supply chain? A recent report by the IDC noted some benefits of these programs.

article thumbnail

The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

However, recent disruptions have highlighted the vulnerabilities of these complex networks, resulting in significant financial losses for companies. It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks.