Supply chain sustainability is a holistic perspective of supply chain processes and technologies that go beyond the focus of delivery, inventory and traditional views of cost. This emerging philosophy is based on the principle that socially responsible products and practices are not only good for the environment, but are important for long-term profitability.
In practice, supply chain sustainability can include projects to reduce energy cost, any form of waste and application of green technologies within transportation and logistics networks. A larger shift involves a deeper level of collaboration with internal and external supply chain partners to reexamine delivery methods, products, packaging and measurement systems.
See also:sustainability risk managment
Learn more about PeopleSoft ERP suite
Learn why your company needs to make supply chain traceability a priority