SUPPLY CHAIN
Manage the risk of manufacturing and delivery localisation When outsourcing manufacturing , the ability to work with multiple providers globally can present a number of benefits . Getting closer to the end customer is vital in ensuring that products are supplied locally with minimal carbon footprints , but can also leverage key resources available to different businesses . From a risk mitigation perspective , this also provides a fall back if a supplier experiences issues internally , but both the financial cost and carbon cost can also be impacted in this process .
This is where supply chain solutions , again looking at real-time data visibility , are crucial for ensuring that customers ’ needs are met in such circumstances while minimising the spike of climate impact that will inevitably come from switching to a provider in Europe , for example , if it becomes the nearest vendor following disruption at a site in the Middle East .
“ There is still no better data than that sourced directly from your own operations or suppliers on-the-ground and independently verified , which is especially the case in higher risk markets ,” says Dr Kevin Franklin , Advisory MD for LRQA . “ Transparent
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