Like many industries, the chemical industry finds itself at the heart of this matter, with goal 12 of the UN's Sustainable Developments Goals (SGDs), 'to ensuresustainable consumption and production patterns', being a direct call for players to take radical action. This has set the ball ...
Why Is Sustainability Important in Business? Sustainability is a vital concern for businesses because it matters to their employees and customers and affects the bottom line in numerous ways. A study by McKinsey and NielsenIQ published in February found that US sales of products by companies saying...
EY teams 2022 survey reveals that visibility throughout the supply chain is this year’s top priority for supply chain executives, having been a top-two priority for them in 2021 and 2019. Further, there is a critical need for executives to assess risks, plan for disruptions, and even bette...
Supply chains continue to be one of the most important levers for organizations to create positive global impacts. Since the year 2000, the value of intermediate goods traded globally has tripled to more than $10 trillion annually. With an estimated 80% of global trade passing through supply ch...
How Important is it for the Sustainable Development of Companies? In recent years, public awareness of sustainable development has grown significantly, gaining traction among consumers and organizations alike. But what is sustainable development exactly? In simple terms, the concept revolves around how ...
Once you've thoroughly audited your supply chain, the next step is to implement sustainable supply chain practices. Here's a list of supply chain strategies your business can consider: Strategy 1: Eco-friendly sourcing Creating a truly eco-friendly business begins at the source. You can ...
It’s important to get your inventory balance right, though. There’s a fine line between holding more stock and overstocking, which can lead to increased storage costs. Instead, look at your sales data, and use it to forecast your inventory based on product popularity and customer demand. ...
Farmers' perception and adaptation to climate change: a case study of Sekyedumase district in Ghana Climate change is projected to have serious environmental, economic, and social impacts on Ghana, particularly on rural farmers whose livelihoods depend la......
Why Is Sustainability Important in Business? Sustainability is a vital concern for businesses because it matters to their employees and customers and affects the bottom line in numerous ways. A study by McKinsey and NielsenIQ published in February found that US sales of products by companies saying...
Eco-friendly packaging isn’t just about the materials though – space is just as important. Using too-large boxes for your products means they can’t be packed as efficiently during transit – leading to extra and unnecessary transport emissions. 3. Encourage recycling It’s t...