Question: Please respond to this post below. Over the years there has been a shift in our society towards a more sustainable future. This has resulted

Please respond to this post below.

Over the years there has been a shift in our society towards a more sustainable future. This has resulted in many changes in supply chain management and a focus on sustainability in the supply chain. Multinational corporations have been gradually shifting business to companies with a high focus on social responsibility and their impact on the environment. With this in mind, there have been strategic efforts to create a more sustainable future through supply chain innovation.

Supply chain sustainability is important because it helps to save money and improves productivity simultaneously. The use of techniques geared towards sustainability allows for increased efficiency in utilizing resources used in the manufacturing of products such as automotive, buildings, machinery, and other industries, all while drastically reducing cost. End-to-end operation cost savings is a great benefit but having a sustainable supply chain also aids in the reduction of the carbon footprint which is highly beneficial to the environment.

The practices of supply chain sustainability include strategies such as waste reduction. Through planning and efficient forecasting, companies can efficiently utilize resources to ensure that waste is minimal. Compliance with regulatory guidelines such as emission restrictions is an important and simple way to maintain a clean environment, therefore, enabling a more sustainable future. A reduction in inventory is also a technique that can be utilized to aid sustainability through the supply chain. It is expensive to maintain excessive stock on hand. Having a more calculated approach and maintaining a more precise inventory that is built based on the demand of consumers will lower expenses and greatly help the sustainability efforts.

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