Life Cycle Assessment in de-risking and improving supply chains

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Courtesy of thinkstep

We asked Nigel Topping, Chuck Grindstuff and Harald Floring how they see the role of Life Cycle Assessment in de-risking and improving supply chains?

Nigel Topping, CIO, Carbon Disclosure Project.
“The vast majority of companies do not have a good understanding of their entire value chain. Everything is connected, things change so quickly and we are at or beyond limits with so many resources that without proper LCA to understand risk, it can be devastating to business. There is a definite need to both understand the risks through LCA and put in place a sound strategy to address the risks throughout the supply chain. With this preparedness, a company has foresight into potential problem areas and can respond by making changes to a product over time throughout the supply chain. This will prevent the devastating impact of getting blind sighted, and help to assure the health of the business.”

Chuck Grindstaff, CEO, Siemens PLM Software.
“The high degree of standardization in material selection and LCA reduces design risks and creates a basis for innovation along the supply chain. It is imperative that the supply chain stay in sync as environmentally-minded design practices evolve from conformance to substantial regulations, to multi-domain optimization.”

Harald Florin, Director of Product Sustainability, PE INTERNATIONAL
“LCA is the proven method to bring complete transparency into product life cycles on every level. It helps to offer an understanding of a changing world, changing technologie and their implications. One of the biggest supply chain risks is a failure to think through decisions and understand risks at every level. With LCA, businesses have a tried and tested approach that will provide the visibility needed to effectively manage and improve their supply chain. “

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