Samsung Electronicsendeavor to build strategic partnerships withbest-performingsuppliers based on mutual trust. We work solely with Eco Partner-certified suppliers so that we can assess and manage the environmental impact that may occur in their components, raw materials, and manufacturing process. Likewise, we do not offer consultancy to clients when they also seek certification to the same management system.The British Standards Institution (BSI, a company incorporated by Royal Charter), performs the National Standards Body (NSB) activity in the UK. Increased profit - working more closely with suppliers and inventory, as well as shipping and transport costs, helps reduce overheads and optimize cash flow. With the growing consumer demand for sustainable goods and products, organizations are feeling the pressure to ensure that their products consist of sustainable materials and their values and processes. For more information, visit SIPMM at https://sipmm.edu.sg, Noor Rasidah has substantive years of experiences in the specialised field of logistics, supply chain, and customer service, and specifically in the wholesale and retail sector. Supply chains are increasingly facing major disruptions, with the impact of COVID-19 at the top of the list. Does incoming inventory have a pre-designated place within the warehouse or is it placed randomly? The Logistics & Supply Chain Sustainability Report 2021, in partnership with the Foundation for Future Supply Chain examines the complexities of achieving net zero emissions by 2050, and the role . Organizations must establish connections and collaboration with relevant stakeholders for this to happen. Annual self-assessment of all first- The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. Find out how to add value to your business through ethical supply chain management. By Clicking ACCEPT or continuing to browse the site you are agreeing to our use of cookies. Optimizing the transport network may be complex, but it eliminates cost overruns, reduces fuel consumption, and creates fewer emissions. 0000026902 00000 n As a small island nation, Singapore lacks natural resources. . You will find in this the State of Supply Chain Sustainability 2022 report, a most important, comprehensive global study that supports your ability to benchmark your company and SCS actions.". employees of suppliers interviewed, RBA-certified third-party audit firms A sustainable supply chain is an important part of improving a company's environmental, social, and governance score which have an impact on attracting more customers and investors (see Figure 2).Supply chain activities are responsible for the bulk of scope 3 GHG emissions of a company. 0000022453 00000 n Global events such as Covid-19 have further reinforced the importance of food resilience. Acre is delighted to be partnering with a renowned luxury goods brand in search of a Supply Chain & Facilities Sustainability Lead. You appear to have previously removed your acceptance of the Terms & Conditions. Good governance is critical to long-term sustainability success, and this requires a robust structure that includes committed management, clear visions, directions, and positive influence. Compared with the whole, trailblazers are less focused on cost savings as a motivator for supply chain sustainability, although they are gaining financial benefits. Supply chain sustainability. With little land for agriculture, Singapore imports 90 per cent of its food supply - making the urban city state potentially vulnerable to external shocks and global trends that impact food supply and safety. Kushal talks with Joe about how FarEye is a delivery management platform that helps businesses get the product at a lower cost and more sustainable fashion. By ticking this box, I accept Samsung Service Updates, including . While visibility is a wide undertaking, a holistic end-to-end view of the supply chain helps companies track materials and supplies, understand supplier working conditions and collect data to measure their program effectiveness. Combat climate change by measuring energy consumption across your entire supply chain operations, from planning to execution. Adopt circular economy strategies with a more sustainable supply chain. Sustainability. . In the 19th century, they also benefitted from bonded warehouses, which handed out tax concessions on alcohol and tobacco. The future. Turn this off at any time. Select your location Close country language switcher, EY Global Supply Chain and Operations Leader. EY is a global leader in assurance, consulting, strategy and transactions, and tax services. In one notable finding, EY teams research revealed that 33% of companies lack a business case for sustainable supply chains and nearly half of respondents said theircompanies are struggling to measure the return on sustainable supply chain activities. It looks like you are changing your country/region of residence. How do you move long-term value creation from ambition to action? 8 Jul 2019 Workforce Are you a CEO that will define the future or defend the past? trailer <]/Prev 821723>> startxref 0 %%EOF 331 0 obj <>stream Make sustainability a corporate initiative (6:10), Blog: Why manufacturers in the New Next are embracing sustainability now, Video: Brewing beer with Oracle Intelligent Track and Trace (1:48), Video: End-to-end visibility in consumer goods (1:28), Solution brief: Transportation Orchestration: Orchestration is the new visibility (PDF), Article: Factories of the future are closer than you think (PDF), Blog: How to keep cargo in perfect condition, Video: Oracle delivers a complete order and logistics management solution enhanced with IoT (2:13), Video: Oracle Transportation Orchestration (2:24), Technical paper: The role of environmental sustainability in freight transportation (PDF), Supply chain and finance leaders turn change into opportunity with SaaS, On-demand demo: Achieve sustainability goals with advanced transportation orchestration, Webcast: How AI, IoT, and blockchain are redefining finance and operations, Is Logistics at a Tipping Point for Cloud and Emerging Technology Adoption (PDF). Supply Chain Sustainability Trends The expectations of stakeholder groups for supply chain sustainability strategy have transformed in the last 10 years, with increased demands for transparency and action in sustainability performance. 0000002914 00000 n Consumers are asking sophisticated questions about sustainable sourcing, labor conditions, and why they cant find basic needs on their grocery store shelves. Grace Cheah is the founder of Sustinere Pte. Regis Hotel in Singapore from 8 a.m. Disruption is generally anathema in supply chain circles. In Singapore, the Singapore Green Building Council (SGBC) is getting stakeholders in the built environment sector on board too. Sustainable Design. ,The Vietnamese Cold Chains potential to develop is evaluated to be ranked 17th worldwide (1). This analysis focuses on four Southeast Asian economies: Singapore, Thailand, Indonesia and Malaysia. Increased revenue. Singapore is an established eCommerce market with a well-developed infrastructure and a tech-savvy population. The extent and pace of implementing digital technologies are subject to crucial enablers the capacity and environment and the capacity of trained employees to apply the technologies proficiently. Supply chain sustainability refers to companies' efforts to consider the environmental and human impact of their products' journey through the supply chain, from raw materials sourcing to production, storage, delivery and every transportation link in between. Our Guest of Honour Ms Cheryl Chan / MP East Coast GRC and Group strategy and Sustainability Officer ST Engineering delivered her Key Note address. Foreign language proficiency of workers is also weak compared to other countries in the region (Singapore, Thailand, Malaysia,) (9). EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Supply chain businesses jumping on the sustainability bandwagon. Reporting to the Head of Sustainability, APAC, you will help to drive coherence and consistency in their approach to sustainability initiatives relating to their supply chain & facilities in the regional markets. Rakuten Singapore. verified through Closure Audits. Nearly half struggle to measure the return on their activities, and many are focused primarily on savings and efficiency. 0000030805 00000 n We regularly monitor all our suppliers in accordance with RBA(Responsible Business Alliance)s verification standards to identify issues and make necessary improvements. Enterprises should take an end-to-end approach, including planning, sourcing, manufacturing, and logistics and distribution. To succeed in this evolving marketplace, companies need to transform linear supply chains into autonomous supply chain ecosystems. Organizations will then organize the data captured in a central database where organizations will use it to review, analyse and mine for actionable insights. 0000022565 00000 n hUkPSW>7O!pCxIiK@D(RD*DEL Mx* HR`R-jZq=tww&{ $ (G . . 8 Sustainable procurement is thus a key strategy to support this transition. Trailblazers have an extreme focus on transparency. We also operate a risk management system to minimise human rights infringements and environmental impacts in the mining process in high-risk areas. Additionally, corporations that source raw materials or intermediate items from developing nations could . Sustainability is the new digital and we believe every business will be a sustainable business by 2025. Improve demand accuracy and reduce obsolete inventory. What Is Supply Chain Sustainability? Leverage available tax incentives and grants. While these are open questions at least the key, classic decisions of make/buy and localized/centralized manufacturing will be driven by true operations considerations like material, labour and transport costs and sustainability rather than by tax optimization. tier suppliers using a checklist based As an industry, we're building smarter supply chain management and operations, with new data-driven efficiencies. . An effective analysis of talent gaps aids in sustainable, strategic talent mapping for short-term and long-term needs. Fully automated Rack Clad Warehousing solutions from SSI SCHAEFER. 0000021738 00000 n RCEP, for its part, will be aiding Vietnam to conform better with regulations of C/O; and maintain its sustainable development in the incumbent markets. c^#g0-X1c ^_0Eg!l|7-q$lFBx@"ct#By3$?[SaTO|X2*"*Sk3j7o*pk^h7iJd&@9|]SSF)WR:Y!kkgXrF -e~8NwJNp@djL^,4rjwN\,%|+rD{dQ'1urA#CTv|a;Ach+;(FygGLs!yMvxqm6{n\aH{y._'E;}thPsAdi`?Dc~;{Bygis@XU]A'^WfI>l;3$5l@q4yHbCQ~!vTb;gq;)h1le r7vVt$S\}9[VuU}_{r'u3K
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