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sustainability in supply chains
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Purpose-built “Powered” Supply Chains with KPMGFeb 26, 2024 — When embarking on supply chain transformation, organizations often look for results while minimizing risk, along with streamlined and compliant technology. From supply chain initiatives focused on customer experience metrics, responding to a supply continuity issue to product movements, organizations often need a guided process with supply chain assets and accelerators to jump start their supply chain transformation. To enable organizations to transform their business functions, KPMG firms have designed a suite of proprietary tools and methodologies known as Powered Enterprise. This methodology encompasses multiple dimensions. Primarily, it functions as an implementation methodology, addressing diverse facets and the complete process taxonomy crucial for standard business operations. While it does not encompass every aspect, it furnishes a diagnostic overview and scrutinizes specific areas such as SAP implementations and supply chain applications.
6 minute read
Supply Chain SustainabilityMar 28, 2023 — Sustainability often requires significant investments in technology, infrastructure, and people, which can be challenging for many organizations. However, despite such challenges, it is crucial for organizations to prioritize sustainability in their overall business strategy to ensure long-term success and resilience in the face of environmental and social challenges. Companies must take a holistic approach to sustainability that considers the entire value chain and engages with stakeholders to build a culture of sustainability throughout the organization. Although there has been a significant shift towards adopting sustainable practices, such as reducing greenhouse gas emissions, conserving resources, promoting ethical business practices, and engaging with stakeholders on sustainability issues, many organizations still struggle to incorporate sustainability in the overall business strategy. This is partly due to a lack of understanding of how sustainability can be integrated into different aspects of business operations. This article discusses end-to-end supply chain sustainability steps that organizations can take to optimize their operations across their supply chains.
3 minute read