HOW TO MAXIMISE TRANSPARENCY AND ACCOUNTABILITY
SUSTAINABILITY
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‘ Whatever the future holds for supply chains , it ’ s obvious that consumer choices will increasingly dictate how businesses source their products and bring them to market ’ it ’ s no longer enough to ensure that supply chains are fast and efficient . Businesses now need to consider social , environmental and ethical factors if they are to avoid haemorrhaging new generations of customers .
More compelling still is the fact that as more people become concerned with the provenance and environmental impact of their products , including the way they are grown or produced , companies who focus on bringing ethics to the core of their supply chains can steal a march on their competitors .
HOW TO MAXIMISE TRANSPARENCY AND ACCOUNTABILITY
So how can brands make meaningful improvements to their supply chains ?
Much has been made of the potential of blockchain technology : it can be used to track the miles that every component or ingredient has travelled , where they were sourced , how much carbon was used in their transportation , and how much packaging was used in the journey to the supermarket or retail store .
SEPTEMBER 2019