Find the Key to a Sustainable Supply Chain

Friday, July 9, 2010 by Julie Urlaub
image: supply chainIn today’s global business environment, it is extremely rare for a company to own an entire product or service value chain.  Business operations now rely heavily on external supply and resources.  This has made the supply chain a critical component of business sustainability success. 

The economic challenges over the past few years have many businesses concerned with, among many other things, the health and stability of their supply chains.  In fact, many companies have ranked supply risk as a high business concern for the next few years. 

Coupling supply chain best practices with business sustainability strategies, many companies are opening the door to improved consistency and reliability of supply.   Our sustainability consulting finds many companies implementing sustainable supply chain practices.

•    Supply Chain Alignment - Evaluating business needs, market conditions, and sustainability value drivers (research / benchmarking) to improve supplier relationships or initiating sourcing.

•    Procurement Guidelines and Policies - Improving sustainable material selection and supplier manufacturing processes as part of supplier selection criteria.

•    Supply Performance Tracking - Establishing key supplier performance metrics to ensure continuous alignment with sustainability targets.

•    Supply Chain Efficiency - Reducing inventory levels on non-critical supply resulting in lower carrying cost, waste and material obsolescence across the entire supply chain.

•    Sustainable Logistics and Distribution – Refining transportation modes to make significant environmental and social impact reductions.

By adding eco awareness or simply incorporating a few sustainability concepts into and existing supply chain best practices, companies can proactively address supply stability and quality issues from a different perspective.  Our professional consulting works with clients to build a long term business sustainability plan that identifies and cultivates critical touch points in the supply chain.

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