MORE, While your company undoubtedly has sustainability on its supply chain agenda, creating momentum can be tricky in what is after all, a fairly new way to approach performance improvement. Companies looking to become more sustainable are increasingly looking beyond their own operations to the impact of their supply chains. Steps to Supply Chain Sustainability Supply chain sustainability is increasingly recognized as a key component of corporate responsibility. Helping them with best practices design and implementation advances your sustainability efforts while furthering the overall goals. Globalisation brought us a more interconnected world, with supply chains spanning the planet. An example of innovation that the Quintiq logistics solution offers but requires a capital investment is the introduction of electric vehicles into a company’s fleet. Fuel savings is typically the biggest goal but environmental responsibility is also a … MORE, For example, a single business who engages in reuse and recycling can take advantage of the mass-following of the Green Movement. These practices are not only good for the planet and people who live here, but they also support business growth. MORE, So for example, a vice president of procurement can look at this chart and realize that while their company is only screening business partners on ethics and sustainability issues to a very limited extent, there is a good chance that in a few years his company will require his department to do so much more extensively because this is where this industry is headed. Top content on Examples and Sustainability as selected by the Supply Chain Brief community. Sit down 100 people and ask them, “What comes to mind you hear the word sustainability?” Businesses must serve as the champions of sustainability. MORE, “For me, there is no conflict between resilience and sustainability,” said Lucas van der Schalk, CEO of packaging company Corplex, who was speaking as part of the recent Supply Chain Europe Virtual 2020 Summit. Figure 1 identifies four broad strategies for supply chain management: legal, ethical, responsible, and sustainable. Please verify your previous choices for all sites. We also interviewed 50 operations and supply chain leaders. Sustainable Supply Chain Management at Portland State University is a certificate program. Each was headed by an MNC considered to be a “sustainability leader”—one in the automotive industry, one in electronics, and one in pharmaceuticals and consumer products. You’ll need support and co-operation all the way back upstream. Sit down 100 people and ask them, “What comes to mind you hear the word sustainability?” Businesses must serve as the champions of sustainability. Walmart is by far the leading retail brand in the US, with a brand value of $131.88 billion in 2014. As an example, look no further than Microsoft’s announcement to be carbon negative by 2030 and their commitment of $1 billion towards a climate innovation fund. The following are illustrative examples of a supply chain. For example, you may have a close relationship with your Tier 1 suppliers, but how well do you know your suppliers at Tiers 2 and 3? New NASA figures show that April 2016 was the seventh month in a row that broke global temperature records and NOAA data show that “[t]he globally averaged temperature over land and ocean surfaces for 2015 was the highest among all years since record keeping began in 1880” A second aspect of the sustainability debate relates to resource scarcity: Some metals might soon be in short supply. Supply Chain; Top 10 Performance Indicators for Sustainable Companies. What Is Needed For Sustainability in Logistics? 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