Supply chain implies an entire gamut of processes, from procurement and manufacturing to shipment and delivery. While it involves a series of steps, each step has an environmental and social impact. Sustainability refers to taking measures to lessen this impact by means of fair practices, protection of human rights and environment protection.
Importance of sustainability in a supply chain
Sustainable strategies go a long way in not just improving the overall performance of an organization, but in also meeting social, environmental and economic goals.
From a strategic perspective, sustainability begins right from how decisions are made. Selection of the best supplier, sourcing green materials, creating transparency, maximizing reliability, reducing and recycling waste, green technology improvements, resource management – sustainability is a convergence of all these operational processes.
Sustainable Supply Chain Management (SSCM) is fast emerging as a priority for organizations globally. Companies are establishing a culture of sustainability and adopting business practices that are in sync with their long-terms objective of growth and development. The truth is that due to increased awareness even consumers are now choosing companies that are taking the sustainable route.
A consolidated approach by companies and consumers alike is likely to considerably reduce the overall carbon footprint.
Warp and Weft International, as a responsible supply chain management company, recognises the importance of environment and sustainability and encourages sustainable sourcing.