How transparency in the supply chain leads to sustainable sourcing

Pivot88

According to McKinsey’s 2019 chief purchasing officer (CPO) survey, sustainable sourcing at scale is the fashion industry’s new must-have. Where do they source their products? The post How transparency in the supply chain leads to sustainable sourcing appeared first on Pivot88.

Responsible Sourcing! Making Sustainability Happen for Real!

Supply Chain Game Changer

The Green Supply Chain: True Sustainability or Just One Big Marketing Stunt? Sustainability. Unfortunately, sustainability and sustainable development are beginning to turn from green to grey, considering its ever-increasingly washed-out idealistic applications in business and society at large. Sit down 100 people and ask them, “What comes to mind you hear the word sustainability?” Businesses must serve as the champions of sustainability. Source Smarter.

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Sustainability: Do Supply Management and Global Sourcing Matter? (Guest Post by Jury Gualandris, UCD)

SCM Research

Increasing demand from a variety of stakeholders has pushed firms to improve environmental and social sustainability in their supply chains. Over the last decades, however, supply chains have been undergoing a process of increasing globalization, which has created the need for differentiated sustainability approaches for firms sourcing globally rather than regionally. Do Supply Management and Global Sourcing Matter for Firm Sustainability Performance?

ChainPoint present at 2020 Textile Sustainability Conference

ChainPoint

ChainPoint will be present as exhibitor at the 2020 Textile Sustainability Conference, a virtual conference that will take place from 2-6 November. textile supply chain cotton supply chain apparel sustainable sourcing textile trace

Podcast: Rob O’Byrne on Digital Transformation, Sustainability, and Diversification in Sourcing

Requis

Sourcing has probably been the biggest thing over the last decade or two, coupled with that reduction in local manufacturing of course. Sourcing is now predominantly overseas: China is one of the big sourcing countries of course, along with India, Pakistan and Bangladesh, Vietnam and Thailand.

Proving sustainably-sourced ingredients in health and wellness foods

Provenance

Food brands have always recognised the importance of sourcing the right ingredients. This means more competition for smaller brands, but also an opportunity to compete on sustainability messaging. Communicating sustainable sourcing at Balance Festival. In an industry that has struggled against contaminated products and lack of sourcing visibility , she wanted to prove that her honey was sustainably-sourced from family beekeepers in Bulgaria.

Best-Cost vs. Least-Cost Sourcing

Talking Logistics

A month later, Walmart announced that it will increase its sourcing of US products by $50 billion over the next 10 years. Kevin discusses three factors that are helping to drive the reshoring trend, but the one that caught my attention the most was how companies are shifting their focus from least-cost sourcing to best-cost sourcing. One is the thought process around best-cost sourcing versus least-cost sourcing.

Vanilla Sourcing in Madagascar

SCM Research

Practice Africa Corporate Social Responsibility Procurement Relationship Supply Chain Management Supply Chain Sustainability Video In a previous post, I demonstrated how Symrise creates added value beyond corporate boundaries by closely collaborating with vanilla farmers in Madagascar. Watch the following video, which highlights this approach from the perspective of Unilever, a buyer of Symrise’s aromatic compounds.

Responsible Sourcing Insights

SCM Research

Sedex is a nonprofit organization dedicated “to driving improvements in ethical and responsible business practices in global supply chains” Their new six-part “Responsible Sourcing Insights Films” series tackles key challenges in responsible supply chain management. Practice Corporate Social Responsibility Procurement Supply Chain Management Supply Chain Sustainability Video

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics

Cerasis

Creating more sustainable logistics is even more important for the trucking industry. Sustainable Logistics | Quantifying Sustainability Measures of Your Logistics. However, while technology evolves to allow better tracking of carbon footprint, there’s a potential to substantially improve overall with sustainable logistics by addressing a less often discussed but insidious problem. There’s an alarming paradox in the world of consumer packaged goods sustainability.

6 Steps to Sustainable Supply Chain Reality

Logistics Bureau

While your company undoubtedly has sustainability on its supply chain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. How to Develop a Sustainable Supply Chain. The Sustainable Supply Chain Cycle.

Sourcing And The Value Chain – Why Digital Platforms Matter

Gravity Supply Chain

Real time predictive analytics ensure offshore and nearshore sourcing decisions take place with certainty. The post Sourcing And The Value Chain – Why Digital Platforms Matter appeared first on Gravity Supply Chain. Gravity’s technology helps mitigate risk.

How Can Advanced Sourcing Help Your Business?

EC Sourcing Group

Sourcing is the term used when the purchasing department is searching for the right supplier (or group of suppliers) to fill a particular need, typically a good or service, to fulfill a purchasing order. Advanced Sourcing Optimizers and Tools: What Are Your Sourcing Challenges?

The Shift Towards Personalized & Sustainable Packaging

Loftware

From sourcing materials and embracing new technology to customization of product artwork. Not only are you dealing with the customer and regulatory requirements for packaging , but you also need to keep with smart and sustainable packaging trends. The Emphasis on Sustainability I’m sure you have recognized the shift in focus when it comes to sustainable eco-friendly material.

Why The Time Is Now for Sustainable Procurement

Jaggaer

Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. With that, global businesses are committing to key sustainability objectives such as reducing greenhouse gas emissions , eliminating slave labor , avoiding plastics , conserving water used in production , tapping into renewable energy sources and more.

The State of Sustainable Supply Chains

SCM Research

Supply chain management can play a key role to help creating a more sustainable world that leaves no one behind.

Starting at the source: achieving a sustainable supply chain

Manufacturing & Logistics IT

With the impact of our consumer society increasingly influencing purchasing behaviour, it is clear that there has been a shift in the need for sustainable supply chains. But this is not a simple task - as political negotiations dominate the headlines, more brands are seeking opportunities in new markets, which is having a considerable impact on their carbon footprint

7 Ways to Woo Consumers with a Sustainable Supply Chain

ModusLink Corporation

The post 7 Ways to Woo Consumers with a Sustainable Supply Chain appeared first on Steel Connect. Sustainable Supply Chains Sourcing corporate social responsibility Demand Planning logistics reverse logistics supply chain sustainabilityWhen it comes to positioning business for success, today’s brands must look beyond a traditional go-to-market strategy.

The State of Sustainable Supply Chains

SCM Research

Supply chain management can play a key role to help creating a more sustainable world that leaves no one behind.

Supply Chain Sustainability: Series Re-cap

River Logic

The largest, most successful companies are rapidly adopting initiatives focused on improving the sustainability of their supply chain. Among the leaders are companies like Kimberly Clark who is rolling out extensive, multi-year programs around energy and climate, fiber sourcing and responsible forest management, waste and the circular economy, corporate social compliance, etc. Supply Chain Management Sustainability

Responsible sourcing and palm oil – a #ProvenanceLive recap

Provenance

Aim to source 100% certified RSPO (Roundtable on Sustainable Palm Oil). Sourcing palm oil responsibly and sustainably is nuanced and can be complex. As you work towards 100% of your sourcing being certified, engage with the debate and industry best practices to inform a clear policy and strategy. Taking a long-term approach to sourcing certified sustainable commodities and helping to educate consumers along the way will support widespread progress.

The Path to Sustainability Begins with Visibility

Logistics Viewpoints

The largest source of carbon dioxide emissions in the United States currently comes from transportation, surpassing electricity emissions in 2017 for the first time since 1978. The post The Path to Sustainability Begins with Visibility appeared first on Logistics Viewpoints. Sustainability Track and Trace Transportation traceability

Keeping Sustainability at the Forefront of Packaging Manufacturing

QAD

No manufacturer would be blamed if they put operational sustainability plans on the back burner during the current environment. Yet it seems sustainability will surely survive this moment, which means manufacturers must stay vigilant. .

Customers demand more sustainable supply chains

Supply Chain Movement

Sustainable supply chains climb the corporate agenda as a consequence of increased market demand.This is the key finding from an international survey conducted by DNV GL and the research institute GFK Eurisko on more than 2,160 professionals from businesses in different sectors in Europe, The Americas and Asia. Sustainable sourcing is a fast developing requirement, driven by customers. Of all the stakeholder groups, customers are the most interested in sustainability.

Supply Chain Sustainability is Becoming a Hot Topic

Enterra Insights

Christopher Marquis ( @CMarquisCornell ), a Professor in Sustainable Global Enterprise at Cornell University, explains, “Supply chains are critically important facilitators of our global economy, providing crucial resources and materials to companies to produce their products and services. Clearly, companies need to begin to more fully consider their supply chains, working to make them more resilient, sustainable and ethical.” ” Becoming more sustainable.

Strategic Sourcing: The Key to Competitive Advantage

Supply Chain Opz

Strategic Sourcing has been used by companies of all sizes for years. Professor Schoenherr is the expert in procurement and decision making and he will provide some guiding principles that practitioners can use to create more sustainable competitive advantage. This commentary highlights some of the key principles to strategic sourcing. However, priority is always given to cost cutting initiatives.

How Sustainability Will Fundamentally Change Your Supply Chain

Supply Chain Nation

As buyers have more access to information, companies won’t have a choice on whether to focus on a sustainable operation or not; it will be as baseline an expectation as one-day-delivery. This touches almost every aspect of supply chain in every industry: from ethical sourcing to incorporating recyclability into the design, to biodegradable packaging materials, to end-to-end supply chains that can lower waste, buffer, and excess and obsolete inventory.

Sustainability: A Fresh Opportunity for Convenience Stores

Supply Chain Nation

How can convenience store owners and managers contribute to sustainability — and increase their own profits? As one of the fastest-growing sources of fresh and prepared foods, convenience stores can play a critical role in supporting sustainability. Adding a sustainability initiative to this mix may seem impossible. To Sustainability and Beyond. The post Sustainability: A Fresh Opportunity for Convenience Stores appeared first on Supply Chain Nation Blog.

Sustainable Supply Chain Summit 2015, 10-11 November London

Supply Chain Movement

Sustainable Supply Chain Summit 2015. Europe’s leading meeting place for corporate leaders delivering supply chain sustainability. Back now for its 10th year, it’s the go to event for professionals working in supply chain, procurement, sourcing, sustainability or CSR. Olam International , Head – Corporate & Sustainable Communications, Briony Mathieson. GSK , Head of Global Environmental Sustainability, Matt Wilson.

Strategic sourcing enters a new age. Are you keeping up? (Part 1)

ivalua

Since its inception in the late 1980s, strategic sourcing has always been about getting the best value for the goods and services purchased from third party suppliers. Strategic sourcing requires an intense focus on the total cost of ownership, while incorporating customer needs, organizational goals, and market conditions. Done well, strategic sourcing creates measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability.

Strategic sourcing enters a new age. Are you keeping up? (Part 2)

ivalua

In last week’s blog , I began discussing telltale signs that you have entered the new age of strategic sourcing. Leading manufacturers have proven that best-in-class strategic sourcing can create measurable and sustainable shareholder value by contributing to top line growth and bottom line profitability. Improving costs remains a core competency for any sourcing organization. Strategic Sourcing Requires Collaborative Working Arrangements with Key Suppliers.

4 Important Benefits of a Sustainable Reverse Logistics Strategy

Cerasis

Data breaches may not sound as though they have a particular relation to sustainability, but a company’s sustainability is measured by its ability to maintain happy customers while reducing impact on the Earth. Unfortunately, a failing company is more likely to forget about recycling as part of IT Asset Disposal, and the business’s level of sustainability falters. Business owners face endless decisions throughout all aspects of the supply chain.

Sustainability driving resilience and efficiencies in supply chains

EFT

“For me, there is no conflict between resilience and sustainability,” said Lucas van der Schalk, CEO of packaging company Corplex, who was speaking as part of the recent Supply Chain Europe Virtual 2020 Summit. A sustainable network.

3 Initiatives Driving Sustainable Transportation and Logistics Management

Supply Chain Nation

Recent studies have shown that transportation is the single largest source of greenhouse gas emissions in the United States. The realities of today’s complex global marketplace make fulfilling sustainability objectives anything but simple as companies navigate fulfillment, transportation and logistics challenges. Here are three key initiatives that are helping our customers meet their top-level, sustainable business objectives: 1.

Understanding the Importance of Strategic Sourcing

USC Consulting Group

Sourcing is a key component of your Supply Chain – perhaps the most important part. That’s where Strategic Sourcing comes into play. By overhauling sourcing frameworks and opting for an integrated approach, enterprises can foster closer vendor relationships, reduce the total cost of ownership, and lay the groundwork for sustainable success. Are you getting the most out of your current sourcing vendor relationships?