An effective supply chain requires knowledge and management of all environmental, social, ethical, safety and security exposures.
Effective supply chain requires knowledge and management of all environmental aspects.
As consumers and regulators increase their expectations of a company's ability to manage environmental, social, ethical and safety issues on a life-cycle basis throughout their supply chain, impacts are being felt from primary industry to retail. In this context, securing a continued supply is an ever growing challenge and potentially a threat to sustainable growth.
Evolving demand patterns, changes in supply environment and government policy intervention are affecting supply and demand balance, putting pressure on the resources available and leading to scarcity concerns. The evidence for this is apparent in supply shortages, commodity price increases and high volatility.
Many leading companies are already acting boldly to respond to these challenges by using alternative supplier partnership models, proactively developing suppliers or driving innovation and substituting raw materials. The reward is manifold as the longer-term gains from building a fully sustainable supply chain extend beyond regulatory compliance and customer approval to unforeseen strategic and cost reduction opportunities.
Our Supply Chain Services
KPMG’s team of sustainability supply chain professionals in member firms around the world can help you to find the right answers and support you in developing a global approach towards sourcing and supplier relationships which take into account the relevant characteristics of specific value chains and a longer term perspective. Our supply chain services include assisting with:
Our teams can deliver tailored strategies that create value for your organisation and can assist you in unlocking the opportunities for cost reduction, revenue growth, reputation enhancement and risk management within your supply chain.
Case Study: Conflict materials
KPMG firms are advising companies in a variety of sectors on addressing the challenges of conflict minerals. This includes: