sustainability . The more complex the supply chains and the more resources are required in large quantities , the more difficult it is for companies to create transparency here .”
This is an area where emerging tools and technologies can help .“ I ’ m confident digital technologies will advance sustainability in all kinds of areas , including sustainable procurement ,” Sandra concludes . “ There are already green procurement tools that collect , digest and report ESG data and , by using technologies like blockchain or RFID tags , we can trace the origin of raw materials and monitor their journey through the supply chain .
“ Technology also allows companies to track the entire lifecycle of products , ensuring ethical sourcing and reducing environmental impact . CERA 4in1 uses blockchain as a traceability mechanism , allowing us to prove the origin of a product through the entire value chain . Digital technologies are a great way to closely monitor the reputation and practices of suppliers , enabling better collaboration and risk mitigation .”
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