The importance of technology in sustainable supply chains
Investors, governments and consumers are pushing the requirement for supply chain transparency.
Many businesses now have a view of their direct suppliers, auditing and assessing them using established frameworks for both self and onsite auditing. Fewer business are able to demonstrate complete supply chain transparency although there is a determination to do so.
Increasing efficiency and reducing risk
Digitisation, Blockchain and Artificial Intelligence are all impacting how businesses manage and monitor supply chains through delivering clearer visibility of both ethical and environmental performance.
Blockchain has been championed as a solution to monitor supply chains back to the raw material. Having the ability to update and secure a distributed ledger providing data from raw material through processing and logistics is highly desirable. Added to this the use of geo tracking and IOT technologies that can monitor attributes such as locations, temperature, and additional environmental data provides companies a detailed picture of the supply chain to help spot and address any potential problems.
Enhance Consumer Trust
The use of technology within supply chain management not only allows the internal communication of data but increases the quality of external communication to customers.
Making data easier to understand through maps, dashboards and key statistics makes it possible to quantify sustainable initiatives and efforts in reducing impacts.
We specialise in digitising data, working closely with our partners we develop solution architectures and processes to more effectively collect and present supply chain data. Helping business find out what is occurring in their supply chains. Our Origin platform collects information on processes, practices, and raw materials to identify potential issues so teams can focus on improving their sustainability performance.
Achieving sustainability is made easier through leveraging digital platforms to profile direct suppliers and those further down the supply chain. Multi-tier visibility requires considerable collaboration, trust, and an intuitive technology to gather and validate information.
Transparency requires openness, communication, and accountability and through embracing technologies such as Google maps we help business such as M&S’s publish interactive maps of their food and apparel manufacturers.