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18 December 2023 | Posted by angela.tuduri

Supply chain management in the age of sustainability

Sustainability is one of the most important trends in supply chain management

Companies are increasingly committed to sustainability in their supply chains. This is due to a number of factors, including:  

  • Government regulations: governments around the world are adopting stricter sustainability regulations. This is forcing companies to adopt more sustainable practices to avoid penalties.  

  • Consumer concerns: Consumers are increasingly concerned about the environmental and social impact of the products they buy. This means that companies that do not take sustainability seriously may lose customers.  

  • The benefits of sustainability: Sustainability can improve the efficiency and profitability of supply chains. For example, companies that reduce waste and pollution can save money. 

The benefits of supply chain sustainability  

There are a number of actions that companies can take to improve the sustainability of their supply chains. These actions include:  

  • Reduce resource consumption: Companies can reduce the consumption of resources, such as energy, water and materials, throughout their supply chains.  

  • Reducing greenhouse gas emissions: Companies can reduce their greenhouse gas emissions, contributing to the fight against climate change.  

  • Improve waste management: Companies can improve waste management, which helps reduce the amount of waste sent to landfills. 

Consumers fuel demand for sustainable businesses  

Sustainability is a complex challenge, but companies that commit to sustainability can improve their environmental and social impact, as well as their efficiency and profitability.   

Sustainability is a trend that is changing the way companies manage their supply chains."

Sustainability in supply chain management can offer companies a number of benefits, including: 

  • Improved brand image: Companies that demonstrate a commitment to sustainability can enhance their brand image and attract new customers.  

  • Reduced costs: Companies that adopt sustainable practices can reduce their production, transportation and storage costs.  

  • Improved financial performance: Companies that adopt sustainable practices can improve their long-term financial performance.  

Some examples of how companies are improving the sustainability of their supply chains: 

Patagonia  

Patagonia believes that sustainability is an integral part of its business. The company is committed to reducing its impact on the environment and society, and is working to lead the way in the sustainable fashion industry.  

The brand requires its suppliers to meet its social responsibility standards, which include fair wages, safe working conditions and employee benefits. The company also works with its suppliers to improve the sustainability of its own operations.  

Patagonia is committed to reducing greenhouse gas emissions by 90% by 2030. The company is working to reduce energy and fuel use in its operations, as well as to improve the efficiency of its products. 

Nestlé  

Nestlé is a multinational food and beverage company that is also committed to sustainability in its supply chain. The company has set a number of ambitious targets for 2025, including:  

  • Reduce greenhouse gas emissions by 20%.  

  • Ensure that 100% of its coffee is produced sustainably.  

  • Ensure that 100% of its water used in production is sustainably sourced.  

  • Reduce food waste by 50%.   

Nestlé is one of the world's leading companies in supply chain sustainability. The company is committed to reducing its impact on the environment and society, and is working to lead the way in the sustainable food industry. 

Apple  

Apple is another company that is committed to sustainability in its supply chain. The company has set a number of ambitious goals for 2030, and believes that sustainability is an integral part of its business.   

In 2022, Apple announced that it had achieved its goal of using 100% renewable energy in its operations.  

The company is committed to reducing its impact on the environment and society, and is working to lead the way in the sustainable technology industry by using renewable energy in its facilities.  

Sustainability in the supply chain: a necessity for the future of business  

Companies in Spain are also taking steps to improve the sustainability of their supply chains. Mercadona, the food retailer, has reduced its water consumption by 25% in recent years.  

Education in supply chain management is a booming field that offers more and more career opportunities. SCM specialists are responsible for planning, executing and controlling the flow of materials, information and money throughout the supply chain. Their work is critical to the success of any company that sells products or services.  

SCM education can provide students with the knowledge and skills needed to succeed in this career - discover La Salle-URL's Supply Chain Management education! 

MASTER'S DEGREE IN SUPPLY CHAIN MANAGEMENT & TECHNOLOGY

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