2Sustain

Kanal Consulting recently published a great step-by-step guide for companies looking to green their supply chains.

The report, titled “Best Practices in Sustainability: Supply Chain –Key Steps to Building a Sustainable Supply Chain,” reveals the best practices uncovered during Kanal Consulting’s study of 25 leading corporations.

Here’s an abbreviated version of the recommended best practices:

• Select and prioritize suppliers based on spend.

• Use a Code of Conduct to set expectations.

• Collaborate and build partnerships throughout your supplier network.

• Include Tier 2,3,4, etc. suppliers in your strategy.

• Embrace public disclosure of both achievements and challenges.

Be sure to check out the succinct three-page report for all the details. It’s an informative “How-to” read to help you dive right into what I hope is one of your new year’s resolutions: greening your supply chain.

After all, the supply chain is where you’ll find the vast majority of your company’s environmental impact.

Sure, in the past, sustainability has been driven largely by the need for regulatory compliance and satisfaction of customer demand. But, now more and more companies also recognize the business benefits of a sustainable supply chain and its value as a strategic differentiator.

In addition, sustainability needs to be a key consideration in the development of any future globalization strategies planned by your firm. As supply chains continue to expand, it is becoming increasingly vital to monitor quality, security, and sustainability practices throughout the supplier network.