Overview of Upcoming & Important Supply Chain Events
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Sustainability is rising. Born out of global concern over climate change, on April 22, 2016, a record 175 countries signed the Paris climate agreement, voluntarily pledging to cut greenhouse gas emissions. When it comes to green and sustainable supply chains, though, cost cutting is still the driving force.
In September, the United Nations adopted a final roadmap for the 2030 Sustainable Development Goals (SDGs). Broadly speaking, SDGs are targets for governments, communities and institutions to further international development. The 2030 agenda builds on the Millennium Development Goals set in 2000 and includes 17 goals touching on a variety of social, environmental and economic issues ranging from gender equality to accessible and affordable clean energy. But do the 2030 SDGs have any impact on the work of packaging professionals?
Today’s leading companies are grappling with how to achieve progress on a complex array of sustainability-related goals, including the reduction of carbon emissions, toxic releases and water and materials usage.
It's one thing for a company to make an internal decision about sustainability, like cutting energy use at corporate headquarters. But it's another matter entirely to dig deeper into systemic problems rooted in the supply chains of multinational businesses with elaborate networks of global vendors.
Supplier Relationship Management (SRM) focuses on unlocking value from your supply base. However, to achieve that, you need to identify which suppliers are the most important to your business. If you can get this process right, you can be confident in knowing that you are directing precious resources to where they will have the greatest impact. Get it wrong, and you could find yourself missing key opportunities and being at risk of wasting time and energy in the wrong places.
For too long, supply chain visibility has been associated with pure track and trace and/or passive analytics. Our systems may provide some basic visibility but it’s visibility that is not actionable. It tells you what goes wrong but it doesn’t help you ensure that doesn’t affect your relationship with your customers in real-time leaving you better at planning but not better at executing that plan. The question is how do you make our visibility actionable? How do you encourage and implement your supply chain visibility to better optimize your processes in the moment? How can you truly make visibility a core competitive advantage for your supply chain?
When your carrier picks up or delivers your cargo, you should take some time to check for risky behaviors. This article reviews what to look for to ensure you’re not working with carriers that will put your business at risk.