Strategic Cost Management
A sustainable supply chain refers to the management of the flow of goods and services in a way that considers environmental, social, and economic impacts while aiming to reduce waste and emissions throughout the lifecycle of a product. This concept emphasizes the importance of sourcing materials responsibly, optimizing logistics to minimize carbon footprints, and ensuring ethical labor practices. The integration of sustainability into supply chains is critical for organizations aiming to meet regulatory requirements, improve their corporate social responsibility, and enhance overall brand reputation.
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