A growing focus on sustainable supply chain management over the past few years has proven to be a big opportunity for many businesses. With traditional procurement strategies primarily focused on cost savings through vendor reduction, leverage spend, inventory reductions, transaction efficiencies, a shifting sustainability mindset is elevating supply chain thinking. Stakeholder expectations have called for greater transparency, specifically increasing risks from lesser known and managed environmental sources like water.
Today, more strategically-focused organizations are evaluating business sustainability risks that extend beyond the walls of the company.
- Globalization has extended the once arm’s length supply to sources from around the world, in many cases decreasing process control.
- Proposed regulatory measures imposed by government entities is raising awareness of carbon emissions and other waste streams.
- Increasing eco awareness and shifting expectations among consumers is creating market risk for many traditional businesses.
- Supply side capacity constraints on sustainable supply could make it more difficult to meet demand requirements.
To manage the risk, business sustainability leaders are utilizing environmental business intelligence to define and manage supply chain inputs and processes outputs. Click here to continue reading.
Home to one third of the earth's trees, the Taiga is the largest land-based biosphere and encircles the globe. Its immense oxygen production literally changes the atmosphere and refreshes the planet. It is this continuous renewal that has shaped Taiga Company's vision to drive similar change in the business world. Taiga Company seeks to be the 'oxygen for your business'.