Sustainability Magazine Dec 2023 | Page 145

SUPPLY CHAIN

Digital technology is key to realising the potential of the supply chain , particularly in the sustainability sense . Industry 4.0 is driving major shifts across industries and the emergence of more and more data allows companies to truly measure the impacts that they have ; whether they are actually doing enough to push the needle back .

The abundance of data available today will not stand the test of time without proper treatment – some that can be facilitated using the correct digital tools to connect companies to a number of suppliers . This can ensure that production flows as it should , and that transportation can deliver the promises that data suggests . The key here , as expressed by many supply chain professionals , is to first put data into perspective , then undergo analysis to fully appreciate the insights gained , therefore determining two things : whether the data is applicable to the organisation ’ s goals and how it can be used to meet them .
These procedures come in as standard for any digital supply chain , but what exactly are the impacts to be had in line with specific supply chain management targets ?
Dual sourcing strategies for resilience Strategies for mitigating risk take various forms , but to focus specifically on dual
sustainabilitymag . com 145