FPC of Raleigh’s Post

Did you know that only 13% of companies can map their entire supply chain? Data sharing around sustainability initiatives remains a challenge. Nearly three-quarters of businesses can't see beyond their primary suppliers, missing opportunities to reduce empty miles and improve resource conservation. 📊 Research by Standard & Poor's reveals an even deeper issue: one in four companies deal with over 50 data silos. This fragmentation prevents departments like R&D, sales, marketing, finance, and distribution from accessing the same data simultaneously, hindering collaborative efforts. 🌍 With increasing climate regulations, it's crucial for supply chains to be proactive. Improved communication within and between organizations is key to addressing sustainability issues effectively and ensuring accurate reporting on efforts. Check out the full article here: https://lnkd.in/edwyBmby #SupplyChain #Sustainability #DataManagement

I believe that effective sustainability initiatives hinge on data visibility, consistency, and sharing across the entire ecosystem. The article rightly highlights the challenges of data silos and the need for a centralized view to track resource utilization, emissions, and other critical sustainability metrics. With increasing regulatory pressures, supply chains must proactively address sustainability using a data-driven approach to ensure accurate reporting and informed decision-making. Overcoming data sharing barriers and maintaining consistent data sets are crucial steps towards implementing impactful sustainability programs throughout the supply chain.#SupplyChainSustainability #EndToEndVisibility

More and more countries are introducing sustainability regulations, such as the EU’s digital product passport requirements. And consumers and businesses are increasingly expecting suppliers to be far more transparent with their supply chain sustainability. I fully agree with Simon Angove in his article that Master Data Management is the crucial foundation for any organisation to share and align its data across its silos. Easier said than done, but acknowledging this key fact is the first step.

Here's a discussion about the key role that supply chains play in fighting climate change and ensuring sustainability in their operations, with two analysts from Accenture: Kris Timmermans, senior managing director of strategy consulting and supply chain and operations lead, and Matias Pollmann-Larsen, sustainability lead for supply chain and operations.

Supply chain sustainability plays a crucial role in a company's environmental, social, and governance (ESG) efforts. It encompasses tracing material origins, enhancing execution efficiencies, and refining policies and supplier relationships. As per McKinsey, over 90% of an average organization's greenhouse gas emissions stem from its supply chain, making it imperative to reduce harmful emissions and ensure responsible practices. By setting goals, tracking metrics, and leveraging data and analytics, companies can drive meaningful improvements in their supply chain sustainability. #SupplyChain #Sustainability #ESG

🌍 Embracing Sustainability: A Non-Negotiable in Supply Chain Evolution As our world grows increasingly aware of its ecological footprint, the trajectory of supply chains is unmistakable: sustainability isn't just a trend—it's our future. From antiquated pen-and-paper methods to today's data-driven digital landscape, our journey has been one of transformation. 🌐 Yet, amid this progress, a critical question looms: Are we truly embracing sustainability, or are we merely greenwashing our practices? Sustainability isn't merely a buzzword; it's a fundamental shift in our approach to supply chain management. It's about acknowledging that our operations must not only drive profit but also minimize environmental harm. However, we must avoid the trap of greenwashing, where superficial gestures mask the absence of meaningful change. Supply chain analytics could play a critical role in gaining the ability to quantify our sustainability efforts—from reducing carbon emissions to minimizing waste. It's through this quantitative lens that we can ensure our commitment to sustainability isn't just lip service but a concrete, measurable reality. As we navigate this shift, the imperative is clear: adaptability. We must be willing to evolve, to embrace new methodologies and technologies that prioritize sustainability. It's not just about staying ahead of the curve—it's about leading by example, setting the standard for responsible supply chain practices. 📊 #Sustainability #SupplyChainEvolution #Greenwashing #DataDrivenDecisions

Supply chain operations account for over 90% of an organisation’s greenhouse gas emissions. The global and intricate nature of supply chains impacts everything around them, from the environment to the people involved every step of the way. UN Global Compact participants rank supply chain practices as the biggest challenge to improving their sustainability performance. However, this means there’s a huge opportunity for those managing supply chains to accelerate progress on sustainability goals by focusing on human rights, labour practices, and environmental impacts. Kimberly Rodriguez, BSI, Consultant Manager, Sustainability, outlines the five ways that businesses can ensure that supply chains are managed resiliently, with sustainability in mind. edie #SupplyChains #GHGemissions #Sustainability #Resilience

Supply chain operations account for over 90% of an organisation’s greenhouse gas emissions. The global and intricate nature of supply chains impacts everything around them, from the environment to the people involved every step of the way. UN Global Compact participants rank supply chain practices as the biggest challenge to improving their sustainability performance. However, this means there’s a huge opportunity for those managing supply chains to accelerate progress on sustainability goals by focusing on human rights, labour practices, and environmental impacts. Kimberly Rodriguez, BSI, Consultant Manager, Sustainability, outlines the five ways that businesses can ensure that supply chains are managed resiliently, with sustainability in mind. edie #SupplyChains #GHGemissions #Sustainability #Resilience

Supply chain operations account for over 90% of an organisation’s greenhouse gas emissions. The global and intricate nature of supply chains impacts everything around them, from the environment to the people involved every step of the way. UN Global Compact participants rank supply chain practices as the biggest challenge to improving their sustainability performance. However, this means there’s a huge opportunity for those managing supply chains to accelerate progress on sustainability goals by focusing on human rights, labour practices, and environmental impacts. Kimberly Rodriguez, BSI, Consultant Manager, Sustainability, outlines the five ways that businesses can ensure that supply chains are managed resiliently, with sustainability in mind. edie #SupplyChains #GHGemissions #Sustainability #Resilience

Supply chain operations account for over 90% of an organisation’s greenhouse gas emissions. The global and intricate nature of supply chains impacts everything around them, from the environment to the people involved every step of the way. UN Global Compact participants rank supply chain practices as the biggest challenge to improving their sustainability performance. However, this means there’s a huge opportunity for those managing supply chains to accelerate progress on sustainability goals by focusing on human rights, labour practices, and environmental impacts. Kimberly Rodriguez, BSI, Consultant Manager, Sustainability, outlines the five ways that businesses can ensure that supply chains are managed resiliently, with sustainability in mind. edie #SupplyChains #GHGemissions #Sustainability #Resilience