SUPPLY CHAIN been a top-two priority for them in 2021 and 2019 .
Having visibility , by providing a 360 ° view , will enable stakeholders to access and assess the key variables at play within the supply chain to accurate data and information which can be leveraged to measure their progress .
An increase in effort is being made toward sustainable supply chain operations Consumers and investors have been calling for enhanced sustainability in every part of purchasing , and organisations have been listening . In fact , a growing number of MNCs have pledged to work only with suppliers that conform to ESG standards .
The survey conducted by EY discovered that 80 % of the supply chain executives are increasing their efforts toward sustainable supply chain operations .
This is being done through various initiatives like
• Optimising transportation
• Collaborating with sustainable suppliers
• Minimising inventory
• Reusing waste / by-products
• Using environmentally friendly packaging materials
• User of natural resources
• Decarbonisation
• Ethical sourcing
• Fair trade sustainabilitymag . com 77