Sustainability has become increasingly important for manufacturers – not only to optimize production and revenue, but to comply with constantly changing regulations and address shifting consumer preferences. Due to younger consumers’ eagerness for transparency around how eco-friendly their products are, the industry has had to adopt better supply chain techniques and visibility across the board.
In fact, according to a market report conducted by Sage and IDC, in order to achieve excellence over the next one to three years, manufacturers must prioritize supply chain optimization, including but not limited to modernizing and updating IT-related infrastructure, improving traceability and predictability and reducing cost with waste elimination.
