Executive Briefings

Report Designed to Enable 'Triple Supply Chain Advantage'

A report from the World Economic Forum identifies 31 proven practices to help companies achieve a "triple supply chain advantage" of increased revenue, a reduction in supply chain cost and added brand value. The practices also help companies shrink their carbon footprint and contribute to local development, including the health, welfare and working conditions of the communities in which they operate.

Report Designed to Enable 'Triple Supply Chain Advantage'

Beyond Supply Chains – Empowering Value Chains reveals that companies included in the analysis have improved their competitiveness through increases in revenue (5 percent-20 percent), a reduction in supply chain costs (9 percent-16 percent) and a boost in brand value (15 percent-30 percent). Their operational risks were also reduced. The practices, which span product design, sourcing, production and distribution through to the end of the product lifecycle, can help companies shrink their carbon footprints by 13 percent to 22 percent.

The report, written in collaboration with Accenture, outlines 31 practices that can help companies realize the “triple supply chain advantages” were identified through interviews with 25 corporations – including Nestlé, SAB Miller and UPS – non-government organizations and other sustainability experts.

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Beyond Supply Chains – Empowering Value Chains reveals that companies included in the analysis have improved their competitiveness through increases in revenue (5 percent-20 percent), a reduction in supply chain costs (9 percent-16 percent) and a boost in brand value (15 percent-30 percent). Their operational risks were also reduced. The practices, which span product design, sourcing, production and distribution through to the end of the product lifecycle, can help companies shrink their carbon footprints by 13 percent to 22 percent.

The report, written in collaboration with Accenture, outlines 31 practices that can help companies realize the “triple supply chain advantages” were identified through interviews with 25 corporations – including Nestlé, SAB Miller and UPS – non-government organizations and other sustainability experts.

Read Full Article

Report Designed to Enable 'Triple Supply Chain Advantage'