SRM
Sustainability partnerships are an increasingly vital force for the transformation of global supply chains. They serve as a catalyst for innovation, resilience and ethical progress. The large-scale challenges organisations face today cannot be tackled alone. Instead, the likes of climate change and labour transparency require collective problem-solving.
Through this collaboration, companies, NGOs and governments can combine their expertise and resources to drive more systemic change than organisations could achieve in isolation – creating a route to real, tangible progress.
Such collaborative efforts have successfully resulted in the adoption of advanced technologies and shared regulatory standards, improving visibility into sourcing, manufacturing and distribution. This goes a long way to mitigating risk and reassuring consumers and stakeholders alike that their supply chain operates responsibly.
Deloitte found 94 % of companies see supply chain sustainability as a strategic differentiator – so, in an era where governments increasingly demand evidence of sustainable practices, partnerships help CSCOs and CSOs alike to stay ahead of evolving regulation.
It seems Central and Eastern European companies are setting the benchmark, with 71 % of companies actively addressing supply chain sustainability and 77 % responding to rising customer
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