by Obella Marie D. Ronsairo, SEPTEMBER 2022
Minimizing and managing waste is an important part of supply chain that needs to be addressed to prevent possible negative outcomes. Businesses that aspire to champion sustainability must practice waste management and ensure that this practice would work seamlessly across the whole supply chain process.
The earlier it is done, the more advantageous it will be as it will help to ride out disruption while maximizing the bottom line when things are going well.
Here are some ways to manage and minimize waste in your supply chain:
Put your customers first – customers are an untapped resource when it comes to identifying supply chain waste. Run a survey to determine how well customers rate your products and delivery performance and how you compare to other brands they use.
Review your logistics operations – Logistics operations are often the source of many “hidden” inefficiencies within your supply chain. However, focusing on these can give you a quick win and instantly eliminate a significant source of waste.
Review your returns policies and procedures – defective products to be returned to your suppliers while tracking longer-term defect rates and ensuring suppliers receive this feedback.
Waste generation can be associated with multiple stages in the supply chain starting from the process used for raw materials generation to the waste generated by the end users/customers
However, to effectively minimize waste in the supply chain, no matter the approach, there needs to be a collaboration between buyers and suppliers. This creates a more accountable and mutually beneficial environment for an organization by ensuring the sharing of information and the creation of discourses to create more sustainable operations.
Source:
A guide to managing and minimising waste in your supply chain (seraitrade.com) ; The importance of minimising waste in the supply chains | Achilles
Photo by Christian Chen on Unsplash
_____________________________
About the writer:
Obella Marie D. Ronsairo. Loves to feature life and see the beauty of every side of the stories. Have been with the newsletter team for almost two years since becoming part of the MPTSouth family. Gained a lot of fun, experience and knowledge through this growing team and helped her to develop more of her skills in writing and creativity.
MPT South Company Newsletter 