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Sustainability a growing concern for businesses

Supply chain sustainability is becoming a big concern of businesses large and small, and as that concern grows so too does the opportunity for creating a money saving solution. This article found on The Strategic Sourcerer looks at how sustainability is a problem that is expanding each year, and how new business practices can address those concerns. As far as problems with a global supply chain and sustainability, consider just a few: environmental impact, limited resources, human rights, and of course political disruption. All of these can spell big trouble for a supply chain that stretches across the world. As companies continue to source outside of local areas, they likewise are spending more time considering how to stabilize their supply chains for the sake of business, public relations, and sometimes simply their own business ethics. So why and how are companies changing how they do business (and why are some companies not)? The article explains as follows: Implementing sustainable business practices can be a great public relations move, but it is hard for some global corporations to measure their results. Enormous companies often work with multiple suppliers, and it can be difficult for them to gauge another corporation's sustainability practices. Corporations that have huge global supply chains may even find it difficult to monitor their own sustainability. Ceres conducted a yearlong survey to determine the best practices in supply chain sustainability. Out of 600 major U.S. corporations questioned, more than 70 percent took minimal or no steps to ensure their suppliers had policies regarding environmental or human rights policies. But those numbers don't account for all of the industries and companies that are now evaluating suppliers on a scale of sustainability. This public committal to sustainable practices (both by suppliers and by the businesses they supply) is happening by way of pledging to cut water use, use recycled material, and shipping using alternative fuel methods for their fleets. Perhaps a publicity stunt, but for suppliers it can mean the difference between a renewal of service or losing a contract.

About Matthew Kabik

Matthew Kabik is the former Editor of Computer Aid's Accelerating IT Success. He worked at Computer Aid, Inc. from 2008 to 2014 in the Harrisburg offices, where he was a copywriter, swordsman, social media consultant, and trainer before moving into editorial.

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