Taiga Company

Businesses and individuals across the nation and around the globe are feeling the impact of the current economic uncertainty.   Our own clients are feeling the impacts of softening sales, unstable cash flow, and the pressure to reduce cost.  This has many companies searching for business sustainability answers. 

Now more than ever, our professional consulting is faced with the question: “How can ‘sustainability’ help my business?”

In a recent discussion with a prospective client looking to drive cost savings from their sustainability plan, our professional consulting presented a slide deck on the value of a sustainable supply chain.  Contained within this presentation were specific areas of cost saving and value creation businesses can capture from their current supply base or through sustainable strategic sourcing.

Through our conversation, we discussed a variety of sustainable supply chain practices this business could pursue to reduce costs.  Some of these areas of improvement included:

•    Strategy Assessment – Evaluate business needs, market conditions, and sustainability value drivers (research / benchmarking) to improve supplier relationships or initiating sourcing.

•    Strategic Sourcing – Improve sustainable material selection and supplier manufacturing processes as part of supplier selection criteria.

•    Supplier Management – Establish key supplier performance metrics to ensure continuous alignment with sustainability targets.

•    Inventory Management – Reduce inventory levels on non-critical supply resulting in lower carrying cost, waste and material obsolescence.

For more information on the value of a value of a sustainable supply chain, visit the Taiga Company website to view the full presentation.  Also search our blog, key word ‘supply chain’, for more cost saving and value creation sustainability concepts.