SUSTAINABILITY
Through its wide portfolio of offerings , EY provides enterprise-ready services and solutions across the supply chain sustainability life cycle , each designed to help organisations address the planning and implementation of decarbonisation and ESG strategies .
What ’ s more , the organisation collaborates with a host of leading technology and data partners , including Microsoft , SAP , ServiceNow and IBM , to provide clients with access to cutting -edge platforms and data solutions , enabling efficient management of sustainability initiatives .
Through these technologies and alliances , EY empowers clients to enhance visibility , achieve readiness for transformation , secure control over processes and foster understanding of data elements , ensuring strong compliance and operational success in their sustainability journeys .
Sheri says : “ Sustainability performance management with EY and our strategic sustainable supply chain alliances usher in a new paradigm of corporate performance management .”
Leveraging emerging technologies It ’ s not just plain-old technology , but emerging technologies such as Gen AI and machine learning ( ML ), which are transforming supply chains into intelligent , autonomous systems .
These game-changing tools enhance predictive capabilities , optimise the design-plan-source-make-deliver process and circular orchestration , and improve decision-making processes with an enhanced ESG lens .
However , according to EY ’ s latest research , while almost three-quarters ( 73 %) of supply chain and operations executives are planning to deploy Gen AI , more than three in five ( 62 %) have reassessed projects and only 7 % have completed implementation .
Primary implementation challenges , such as a lack of technical talent , data readiness and understanding of Gen AI risks , have made it tougher than expected to make the leap from proof-of-concept to large -scale rollout .
“ Effectively utilising cutting-edge technologies is a critical tool in making supply chains more sustainable and resilient ,” Sheri goes on . “ AI , ML , advanced analytics and big data can aid planning and forecasting , as well as better predict essential maintenance within supply chains , helping to reduce error rates and operation costs while optimising supply chain flows .
“ Our solutions leverage these technologies to provide intelligent ESG insights , enabling clients to gain deeper visibility into their carbon footprints and make more informed strategic decisions tied to net zero targets , with the ability to model financial tradeoffs in CAPEX and OPEX and adapt to regulatory changes and business pressures .”
174 September 2024