Monday, May 13, 2013

Survey of Executives Views on Sustainable Supply Chains

Here is an overview of PwC‘s 2013 global supply chain survey, Next-generation supply chains: Efficient, fast and tailored. From May to July 2012, PwC surveyed 503 supply chain executives. Some 44 percent of them hold senior management positions, while 34 percent hold C-level posts. Here is a breakdown starting with the 42 percent of respondents who rated sustainability as highly important:

  • 87 percent named optimizing their carbon footprint as their top priority for green adherence in their supply chain,
  • 87 percent said that it’s best to reach an agreement with their suppliers on adhering to the highest ethical standards.
  • 81 percent favor collaborating with suppliers to create a responsible supply chain footprint and procurement framework.
  • 71 percent say effective track-and-trace capabilities are important.
  • 67 percent said sustainability will play a more important role in the supply chains of the future.
  • 48 percent said sustainability is highly important to their company’s supply chain,
  • 38 percent of respondents from the industrial sector rated sustainability as an important or very important value driver influencing decisions about its supply chain.
The pharmaceuticals and life sciences industry is the sector most concerned with sustainability in its supply chain. The survey results showed that 67 percent of respondents from that industry named sustainability as an important or very important value driver influencing supply chain decisions. For this sector the two most important factors are delivery performance (100 percent) and cost minimization (94 percent).

© 2013, Richard Matthews. All rights reserved.

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