The Evolving Supply Chain: Lean and Green
Sustainability and supply chain improvement have traditionally been treated as separate worlds. While many businesses are passionate about cutting costs and boosting supply chain efficiency, some of their most important stakeholders – including customers, employees and investors – feel just as strongly about sustainability and social responsibility. The good news is these seemingly conflicting priorities are starting to converge.
Leading companies are now finding that a green supply chain doesn’t just improve the public’s perception of their company and brand; it can save money by using resources more efficiently and reducing waste. It can also help to manage risk by insulating a company from shortages and price shocks, and by reducing the chances that a supplier will do something that gets them in hot water.