The consumer product supply chain is an extensive and complex global network. Supply chains span countries and cultures. And retail’s greatest environmental impacts and social performance challenges are in its supply chain.
Therefore, true sustainability is achieved by integrating it throughout the product supply chain. Retailers have many opportunities to improve business performance in the supply chain. Through incentives, training programs, and collaborative projects, suppliers and retailers have begun to integrate sustainability into the supply chain, leading to benefits like stronger retail-supplier relationships, lower transportation costs, greater transparency, and mitigated risks and costs.
- Supply chain improvements have focused on transportation, materials including chemicals of concern, and packaging design. Managing all aspects of the product life cycle, from design through use and disposal will become increasingly prevalent practices over the next two years.
- Transparency into the social and environmental impacts of product supply chains is a growing practice.
- Risk mitigation is a major benefit of supply chain sustainability programs.