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Defining a sustainable Supply Chain model is the most important activity, mapping sustainability requirements, defining metrics for creating of a sustainability score, assessing benefits, setting up the approach to provide guidance to vendors. Reply can help you use an approach shared by the industry, or define a new one.
After defining a solid model, it is critical to gather information and measure it. This is a time-consuming activity, and should be viewed as a “journey” rather than a single step. For this reason, the Industry-standard approach may be the best one, since it makes it possible to leverage a standard approach shared with other companies in the same industry.
The Sustainable Approach aims to continually improve the sustainability of the Supply Chain. For this reason, it’s important to develop a workflow to share score feedback with your entire supply chain, in order to propose a solid path to improvement to suppliers.
The obvious next step after sharing feedback is the verification of any improvements in the whole supply chain. For this reason, it is necessary to build a plan in order to monitor and track these improvements.
The sustainable approach is a win-win methodology. You will get better results if you reward suppliers who invest with you in a sustainable approach. Rewarding the best suppliers in this sustainable journey will guarantee you the best results.