In today’s global marketplace, the emphasis on sustainability is shifting from merely complying with regulations to becoming a strategic business imperative. This transformation is driven by the increasing demands of consumers and investors for transparent and ethical practices. A recent research paper by Sri Rama Yashaswi Peesapati from Atlanta, USA, a Senior Product Manager at SAP Ariba and an independent researcher explores this critical shift and highlights the role of technology in achieving sustainable supply chains. This study, published in the International Journal of Supply Chain Management in April 2024, provides valuable insights into the importance of sustainability beyond compliance and the technological advancements that support it.
Why Sustainability is Important in Supply Chains:
“Sustainability is no longer about doing less harm. It’s about doing more good.” – Jochen Zeitz Quoting from Yashaswi`s research paper – sustainability in supply chains is crucial for several reasons: