Digital supply chain technologies – such as blockchain, big data, AI, advanced analytics, and security tools – are playing a significant role in achieving supply chain transparency and sustainability. And these technologies have become increasingly sophisticated.
Green supply chain management refers to the concept of integrating sustainable environmental processes into the traditional supply chain and includes product design, materials sourcing, manufacturing, logistics, and end-of-life product management. Green SCM recognises the disproportionate environmental impact of supply chain processes in an organisation and leverages the role of the environment in value creation.
Several commercial firms have enjoyed early success using green SCM principles. But PepsiCo has presented some astonishing figures over the years and serves as an impressive example. This corporation saved about $44 million simply by switching from corrugated to reusable plastic shipping containers for one litre and 20-ounce bottles, conserving an estimated 196 million pounds of corrugated material.