EXECUTIVE INSIGHT
planning tool . Regardless of the differing regulatory moves and standards around the world , the writing is on the wall , businesses are going to need tools that provide visibility and transparency within their supply chain in order to operationalize their sustainability goals .
In addressing climate action , businesses can model countless ‘ what if ’ scenarios using our platform to strategically assess and mitigate the environmental impact of each with a view to adopting the most effective ones . For example , consider a ‘ what if ’ analysis that explores the outcome of switching to renewable energy sources in manufacturing processes . This could reveal not only the potential reduction in carbon emissions but also long-term cost savings . Similarly , a ‘ what if ’ scenario that evaluates the environmental and economic impacts of adopting more efficient logistics routes or packaging materials can illuminate paths to significant sustainability gains . Lastly , better planning ( alignment of demand and supply ) is often missed as a means of tackling sustainability challenges and can lead to things like less material waste . We forget that the greenest product is the one that wasn ’ t made . By exploring these scenarios , companies can identify and implement measures that yield measurable environmental benefits while also aligning with their business objectives . This approach encourages
26 August 2024