State of Supply Chain Sustainability 2022 slide image

State of Supply Chain Sustainability 2022

Changes in Technology SCS Practices: A Staircase Emerges Figure 13 can be seen as a “staircase" of supply chain sustainability practices in 2021. At the bottom of the staircase are the practices most commonly implemented, and at the top are those least so. In general, anyone looking to assess their next supply chain sustainability investment can look at which stair they find themselves on now to see what typically comes next-or which earlier steps their organization may have overlooked. Interestingly, all paths lead upward and are mostly convergent. That is, supplieraudit, supply chain mapping, and codes of conduct (company and supplier) are the most prevalent practices: an SCS "base camp". These practices also saw the greatest increase from 2020. Supplier collaboration, information technologies, and standards or certifications have been adopted by a smaller number of firms, owing perhaps to their comparative cost or lack of familiarity, but this represents a "first ascent", where the firm that has already reached its "base" can aspire to go to next. At the top of the staircase are the most rarely applied practices among our respondents, including supplier training, third- We see our clients moving towards practices that will improve transparency-notably supply chain mapping and codes of conduct. There is a strong desire to contribute to ESG values, and it goes beyond technology. We believe you have to incentivize the entire supply chain ecosystem to be transparent and open. -Rob Barrett Principal, US Supply Chain Advisory, KPMG LLP party verification, carbon offsets, and NGO/third-party collaboration. This "peak" includes initiatives and technologies that most firms as yet consider aspirational or those only on the radar of firms that are particularly aggressive about their supply chain sustainability efforts. Supply chain management has never held a more critical and influential role in the world than it does today, and organizations are rising to the challenge. To mitigate ongoing supply chain disruptions, the leaders in the space are becoming more conscientious and intentional in their supply chain monitoring. As a result, we're not only seeing a rise in sustainability tracking, but also, a push for evaluating all risks, including ESG, safety, business risk and much more, in one centralized location for greater transparency. -Danny Shields Vice President for Sustainability & Risk, Avetta Which of the following practices does your firm have in place to manage supply chain sustainability? Percent of Respondents Collaboration (NGO or third parties) Carbon offsets Third-party verification Supplier training Supplier benchmarking Environmental technologies Collaboration (suppliers) Information technologies Standards or certification Code of conduct (company) Code of conduct (supplier) Supply chain mapping Supplier audit Figure 13: “Staircase" of SCS practices (n = 2,044) 12% 14% 18% 18% 22% 24% 26% 26% 31% 32% 35% 38% 46% State of Supply Chain Sustainability 2022 | Changes in Technology | sscs.mit.edu |12
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