Today: Apr 17, 2024

Sustain the Chain: Tech’s role

2 months ago

TLDR: Supply chain executives are increasingly focused on building sustainable supply chains to meet customer expectations and positively impact business, society, and the planet. Technology plays a crucial role in achieving these goals by providing visibility, efficiency, and waste minimization. Some key technologies being used in the supply chain include:

  • Cloud technology, which offers overall visibility and real-time data intelligence for sustainability reporting and decision-making.
  • Artificial intelligence and machine learning, which help identify trends and patterns in data and provide valuable insights.
  • Blockchain technology, which enables organizations to trace each step in the supply chain and track carbon footprint changes.
  • Smart devices, such as drones and telematics, which mitigate environmental impact and optimize route and traffic optimization.
  • Electric vehicles and 3D printing, which reduce greenhouse gas emissions and transportation costs.

Incorporating these technologies into supply chain operations is no longer a nice-to-have but a business imperative. By leveraging technology, organizations can achieve sustainability goals while driving growth and improving the bottom line.