WILL 2025 BE THE YEAR OF GREEN SUPPLY CHAINS?
WILL 2025 BE THE YEAR OF GREEN SUPPLY CHAINS?
30 Oct 2024
In a lively discussion, the panel explores the importance of green supply chains, emphasizing the need for honest assessments of current practices and the adoption of eco-friendly approaches. They highlight the role of technology in optimizing supply chains, with AI models cutting costs and time by over 20%. The conversation also touches on the challenges of regulation, noting the need for dialogue and collaboration to find the right balance. The panelists stress the importance of holding suppliers accountable to consistent standards globally, focusing on safety, representation, and ethics. They discuss the 4R circularity framework, which includes rethinking, reducing, reusing, and recycling to enhance lifecycle efficiency. The discussion concludes with a call to action for industries to adopt new technologies to make supply chains greener and more cost-effective.