It’s Time to Collaborate to Create Transparent and Sustainable Supply Chains
by George W. Prest Chief Executive Officer, MHI
Happy New Year! It is hard to believe that it’s 2016. The new year is always a time to reflect and, more importantly, look forward. It seems like only yesterday we were concerned about implications of Y2K, when the calendar change spooked fears of impending disaster-but in reality it’s been 16 years!
Today, through advances in technology and increased awareness of the impact we have and can have on environments we, as an industry, have a tremendous opportunity.
By improving the environmental and social performance of supply chains, companies can improve business performance—all while promoting corporate values and creating brand equity.
No one company controls their entire value chain, so collaboration between firms and their suppliers is vital for end-to-end transparency and sustainability to work. Best-in-class supply chains are collaborating with their suppliers and making sustainable supply chains a top priority.
These efforts are creating cost savings, sparking innovation and creating win-win opportunities along supply chains. Bottom line, sustainability is good business—and that is what the latest issue of MHI Solutions is about.
This issue of MHI Solutions also includes a special feature on millennials working in the supply chain. This article tells the stories of seven young supply chain professionals who are transforming our industry and changing the way the manufacturing and supply chain profession is perceived.
Millennials have been called the “sustainability generation” and they have big demands and high expectations from the businesses they work for and buy from. By 2025, millennials will comprise 75 percent of the global workforce, so it would be wise to listen to what they have to say if you want to succeed in the future.
We are also previewing MODEX 2016, the industry’s largest supply chain expo showcasing over 800 leading solution providers. MODEX is where manufacturing and supply chain professionals come to discover the latest solutions and establish partnerships with key suppliers. They also come to learn and network with their peers in over 150 conference and networking sessions. MODEX 2016 will be held April 4-7 in Atlanta.
While incorporating sustainability into a company’s supply chain is complex, failure to act may indeed be the biggest risk of all. I hope you enjoy this issue, and that it inspires you to collaborate and continuously improve your manufacturing and supply chain operations.
Read the new issue of MHI Solutions.
Cheers!
