Green supply chain choices make for marketing wins
Sustainable supply chains can be a point of differentiation that help businesses attract and retain customers. How can procurement chiefs get involved in grasping this opportunity?
In recent years, supply chains have often been seen as a necessary evil rather than a valuable part of businesses. They have caused significant headaches, from disruptions due to Covid lockdowns to shortages of components and materials, and logistical challenges like the Suez Canal blockage. Unfortunately, the same can be said for sustainability requirements, such as environmental accounting for scope-three emissions, social due diligence for issues like modern slavery or human rights abuses, and organizational transparency for sanctions compliance. These additional responsibilities have added burdens to operations professionals.