DRIVING SUSTAINABILITY IN SUPPLY CHAINS
The Machinist|April 2020
With competition increasing, businesses are incrementally outsourcing non-core activities resulting in a complex multi-country supply chain network. This mesh makes it challenging to implement and monitor sustainable sourcing strategies.
Indra Guha
DRIVING SUSTAINABILITY IN SUPPLY CHAINS

During the last decade, we have experienced a stark change in consumer preferences and the way consumers perceive ‘sustainability’ of the product they purchase or use. People are conscious about the way things are getting produced. The end does not always justify the means. While the usefulness of the end product is relevant, what goes into the product and processes involved are equally important. Irresponsible, unethical, or opportunistic behaviour has become detrimental for a company’s reputation.

With competition increasing, businesses are incrementally outsourcing noncore activities resulting in a complex multi-country supply chain network. This mesh makes it challenging to implement and monitor sustainable sourcing strategies. In most cases the place of production can be traced to developing nations. The production process, part or whole, is often carried out in factories of the supplier. The focal company which sells the product under their brand name, is legally not responsible for the conditions at the point of production. Nevertheless, the focal company/brand gets badly hit if the chain falters on critical sustainability counts. This calls for association by guilt. We have seen some of the biggest brands face the music at different times owing to supply chain issues in different sustainability areas.

There are very clear advantages lined up for Sustainable Supply Chain Management (SSCM) practices. One, it can provide competitive advantage – innovative ways of optimising on natural resource management, fulfilling social responsibilities and a robust governance framework puts business in good stead as a positive differentiating factor; on the other, the licence to operate is gradually becoming more stringent with stakeholders demanding sustainability management across the value chain.

هذه القصة مأخوذة من طبعة April 2020 من The Machinist.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April 2020 من The Machinist.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE MACHINIST مشاهدة الكل
SIMPLE AND SECURE NETWORKING: UMATI CONNECTS THE MACHINE PARK AT UNITED GRINDING
The Machinist

SIMPLE AND SECURE NETWORKING: UMATI CONNECTS THE MACHINE PARK AT UNITED GRINDING

The UNITED GRINDING Group serves a diverse customer base, ranging from small businesses to large corporations, across industries including automotive, aerospace, tool and die, and precision mechanics.

time-read
2 mins  |
October 2024
OUR AI-ENABLED PLATFORM ADDRESSES THE CHALLENGES POSED BY THE RETIRING WORKFORCE
The Machinist

OUR AI-ENABLED PLATFORM ADDRESSES THE CHALLENGES POSED BY THE RETIRING WORKFORCE

In an interview, Vivek Joshi, Co-founder and CEO of Entytle, discusses their Al-enabled platform addressing OEM workforce challenges by automating the knowledge of retiring employees, reducing reliance on slow recruitment. He also explains how the platform preserves institutional knowledge, cleans and unifies data, and identifies growth opportunities, mitigating risks from unfilled positions.

time-read
4 mins  |
October 2024
INDIA'S DEFENCE EXPENDITURE AND DEVELOPMENT: FROM INDEPENDENCE TO ATMANIRBHARTA
The Machinist

INDIA'S DEFENCE EXPENDITURE AND DEVELOPMENT: FROM INDEPENDENCE TO ATMANIRBHARTA

India’s journey from a nascent post-independence state to a burgeoning global power in defence is a testament to strategic foresight, policy perseverance, and the indomitable spirit of self-reliance. Over the decades, India has gradually shifted from reliance on foreign defence supplies to fostering a robust indigenous defence manufacturing sector, aligning with the broader vision of Atmanirbharta.

time-read
4 mins  |
October 2024
ADI'S VISION FOR BMS GOES BEYOND MANAGING BATTERY CHARGE
The Machinist

ADI'S VISION FOR BMS GOES BEYOND MANAGING BATTERY CHARGE

Analog Devices India ADI) is pioneering advanced battery management systems (BMS) that revolutionise e-mobility. Vivek Tyagi, Managing Director, Field Sales at Analog Devices India, shares the company’s vision for BMS in electric vehicles and its R&D efforts in India.

time-read
3 mins  |
October 2024
NEW DEVELOPMENT BENCHMARKS IN MILLING
The Machinist

NEW DEVELOPMENT BENCHMARKS IN MILLING

A look at recent advancements from ISCAR that will have profound impacts on the future direction of milling.

time-read
4 mins  |
October 2024
WE AIM TO DOUBLE OUR REVENUE TO RS 6,500 CRORE BY 2025
The Machinist

WE AIM TO DOUBLE OUR REVENUE TO RS 6,500 CRORE BY 2025

Kirloskar Oil Engines Ltd. KOEL), a dominant player in diesel engines and generator sets, is setting its sights on doubling its revenue from Rs 3,200 crore to Rs 6,500 crore by 2025. As the company marks 75 years in the industry, in an exclusive interaction, Rahul Sahai, CEO, Kirloskar Oil Engines Ltd KOEL), reflects on its legacy and ambitious plans. With a strong market share of 30 per cent in the diesel generator market, KOEL’s success is rooted in continued investments in technology and infrastructure. Edited excerpts:

time-read
8 mins  |
October 2024
TRITON WILL BE RS 500 CR COMPANY IN THE NEXT 3-5 YEARS
The Machinist

TRITON WILL BE RS 500 CR COMPANY IN THE NEXT 3-5 YEARS

In an interaction Jitendra Srivastava, CEO, Triton Logistics Maritime Private Limited spoke about the company’s plans, collaboration and technology adoption in the logistics sector. Edited excerpts...

time-read
7 mins  |
October 2024
LEADING THE TRANSITION TO A GREENER, MORE EFFICIENT FUTURE
The Machinist

LEADING THE TRANSITION TO A GREENER, MORE EFFICIENT FUTURE

In an interview with Saishree Mohanty, Anirudh Bhuwalka, CEO of Blue Energy Motors, discusses the company’s efforts to revolutionise India’s trucking industry with LNG-powered vehicles, sustainability initiatives, and future growth plans.

time-read
3 mins  |
October 2024
UNVEILING THE PATH TO AI-DRIVEN MANUFACTURING EXCELLENCE IN INDIA
The Machinist

UNVEILING THE PATH TO AI-DRIVEN MANUFACTURING EXCELLENCE IN INDIA

As the industry delves into AI and cloud computing, the article explores the many challenges and opportunities that will influence the future of Indian manufacturing.

time-read
3 mins  |
October 2024
DIGITALISATION AND THE POWER OF SAAS FOR SMALL AND MEDIUM ENTERPRISES
The Machinist

DIGITALISATION AND THE POWER OF SAAS FOR SMALL AND MEDIUM ENTERPRISES

As small and medium enterprises SMEs) face increasing pressure to innovate and accelerate time-to-market, adopting digital transformation is crucial. Leveraging Software as a Service SaaS) offers SMEs an affordable, scalable solution to streamline operations, boost productivity, and remain competitive in today’s fast-paced market.

time-read
3 mins  |
October 2024