Cut to Control: The Evolution of a Sustainable Supply Chain
Blog by Julie Urlaub, Founder and Managing Partner at Taiga Company
Over the last few years the essence of business sustainability for most organizations has been to "cut to the bone and hope to survive". As we move towards better economic times, our professional consulting is asking: Are the years immediately ahead to be different or simply another shade of the same color?A common belief regarding the foreseeable economic recovery is that the primary focus will be on growth and the cost worry days will soon becoming to an end. The reality is cost may be an even bigger business sustainability challenge than what is expected. With prices already rebounding and forecast to increase at an accelerated rate, procurement organizations are sure to feel the pressure of rising cost as the result of recovery. Rather than cost cutting, a sustainable supply chain will be focused on cost control. Tomorrow’s sustainable supply chain organizations will be looking for new and innovative ways to improve procurement processes, minimize risk, and ultimately control costs. In fact, we find leading supply chain organizations are incorporating sustainability concepts into their procurement decision making processes. • Cost Control: Traditional supply chain management decision making has focused on Total Cost of Ownership. This is a process of evaluating the total lifecycle cost of a procurement decision, and it is now including business sustainability criteria such as social and environmental impact. Click here to continue reading.
Home to one third of the earth's trees, the Taiga is the largest land-based biosphere and encircles the globe. Its immense oxygen production literally changes the atmosphere and refreshes the planet. It is this continuous renewal that has shaped Taiga Company's vision to drive similar change in the business world. Taiga Company seeks to be the "oxygen for your business".