SUPPLY CHAIN SUSTAINABILITY
Visibility in supply chains is vital for tracking goods , finances , and sustainability , allowing organisations to optimise resources and reduce waste .
Organisations want visibility across the supply chain , from sourcing to delivery , to boosting efficiency and transparency .
With advancing technology making it easier to manage every function of the supply chain , more pressure is being put on businesses to see every asset and make its supply chain as strong as possible . Advanced tools like IoT and AI enable real-time monitoring and decision-making , fostering collaboration and resilience across the supply chain .
How are procurement professionals dealing with the challenges of maintaining as much visibility as possible , what is the impact it ’ s having on sustainability and how could technology make it even better ?
What are the most common challenges in maintaining visibility in a supply chain ? Michael Stockdale , Group Head of Supply Chain and Logistics at Red Sea Global , said : “ Maintaining visibility in a supply chain is a multifaceted challenge that extends beyond procurement alone . “ Amid globalisation , economic uncertainties , diverse product ranges , and evolving consumer demands , supply chain operators face the daunting task of orchestrating this chain while ensuring compliance with safety , quality , and sustainability regulations .
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