Sustainable Procurement Masterclass Duration 8 hours Level Certified / Professional Qualification Available to book: Virtual classroom S$660 Book now This online Masterclass enables you to understand how to integrate sustainability within your organization's supply chain. % In this white paper you will find in-depth case study examples from business leaders, in different sectors, on how theyve, overcome sustainable supply chain challenges, Why multinational food manufacturer Barilla implemented an immersive auditing system to monitor its entire supply chain throughout COVID-19. 0000003614 00000 n A good example is one company that implemented a no-shipment, however small, leaves any of our factories without a Certificate of Origin approach which drove thinking and efficiencies that led to multiple-millions of dollars of annual savings for very limited sustained effort. Mark Baxa, President, and CEO of CSCMP. The outdoor clothing brand, Patagonia, uses organic cotton as an alternative for its products and reduces product packaging to reduce its carbon footprint. 0000020585 00000 n Use synonyms for the keyword you typed, for example, try application instead of software.. The Green Corridor: Predictions Are In The Green! The Singapore Institute of Purchasing and Materials Management (SIPMM) is a professional organisation dedicated to promoting excellence in logistics, procurement, warehousing, and supply chain management. 0000026902 00000 n Sellers, no matter how small it is, are pacing up with the acceleration of digitization and learning how to sustain in these unprecedented times. 0000002914 00000 n End-to-end supply chain visibility allows organizations to monitor and track various components, materials, and finished goods in transit, starting from the initial purchase of raw materials through the delivery of finished goods to the customer. MSE Turns 50! Building a sustainable and ethical workforce worldwide by adopting a people-first approach to supply chain management has clear benefits for organizations: The number of organizations relying on complex and sophisticated supply chains is growing rapidly. Turn this off at any time. An organisation can implement eco-friendly sourcing or sustainable practices by incorporating ethical policies with its sustainability goals throughout its supply chain. Sustainability in the Supply Chain. endstream endobj 295 0 obj <>>> endobj 296 0 obj <> endobj 297 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text]/Properties<>/MC1<>/MC2<>/MC3<>>>>>/Rotate 0/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 298 0 obj <> endobj 299 0 obj [/Separation/PANTONE#20186#20C/DeviceCMYK<>] endobj 300 0 obj <>stream Maritime interface : The port site needs things like piers, basins, stacking or storage areas, warehouses, and equipment like cranes, all of which require a lot of money to build. Gain visibility into product and cargo conditions in transit, minimizing spoilage and ensuring products arrive in perfect condition. As a result, it reduces carbon footprint and eliminates other disruptions to the functioning supply chain. Sellers interested in breaking into the Southeast Asian market have various options, including starting in Singapore and expanding to other countries afterward. billion USD in investments have poured into India for improving warehousing facilities and technology in the hopes that tax reform will lead to larger regional and national warehouses. . Does incoming inventory have a pre-designated place within the warehouse or is it placed randomly? Suppliers identify necessary improvements on their own and make improvements. Conduct business solely with Eco-Partner-certified suppliers. . Investing in sustainability is an ongoing process, and can be reviewed regularly to help align strategies with goals. 0000107679 00000 n Kushal talks with Joe about how FarEye is a delivery management platform that helps businesses get the product at a lower cost and more sustainable fashion. The drive for sustainability will cause companies to impose sustainability goals through the supply and logistic chains, impacting the way they procure their downstream supplies and services. Samsung Electronics' Responsible Minerals Report. . For CEOs, are the days of sidelining global challenges numbered? Exhibition run by Hannover Messe at Singapore EXPO. This article discusses the key strategies for a sustainable supply chain. About MSE50. With most distributed supply chains, organizations do not have control over resources, materials, or quality collaboration is the only way to unite its supply chain. Lauren Rogge, Principal, Ernst & Young LLP, Cate Mork, Senior Manager Ernst & Young LLP, and Paul Barsch, Assistant Director, Ernst & Young LLP, also contributed to developing this article. 0000023142 00000 n The Singapore Institute of Purchasing and Materials Management (SIPMM) is a professional organisation dedicated to promoting excellence in logistics . At EY, our purpose is building a better working world. Singapore, as a key node in the global supply chain, is not immune to these disruptions, with congestion in upstream ports causing ships to arrive off-schedule here, Mr Chee told reporters. To succeed in this evolving marketplace, companies need to transform linear supply chains into autonomous supply chain ecosystems. We are delighted that you are interested in the Rutgers University Master's degree in Supply Chain Management program in Singapore. The impact was across manufacturing plants, transport networks, warehouses, and retail outlets. These complex global networks can also be incredibly . be immediately addressed Results We believe sustainability should be a key ingredient of what makes up excellence in each product area. Mitigate risk and build a reputation to maintain a social . View our privacy policy and terms of use. Inspired by the concept of creating harmony between men and machines, I strongly believe in the cause of ensuring workers safety when they work with machines and have been actively engaged in propagating it as a regulatory initiative amongst the right stakeholders in Singapore. 0000017672 00000 n Customers of all sizes across industries have benefited from using Oracle Our International Procurement Center (IPC) serves as the procurement hub, and the IPC enables us to identify outstanding suppliers in strategically important regions across the globe. However, the business case benefits for some companies stretch beyond cost savings to increased productivity, profitability and better management of operational risks. Organisations that embed sustainability in their supply chains can reduce costs, increase productivity, innovate, differentiate and improve societal outcomes. Organizations must consider waste reduction at every stage, from product design to distribution, and consider efficient logistics journeys for returning products into the supply chain loop, including reverse logistics. Consumers pay more attention to every value chain element, from materials to manufacturing, packaging, and transparency. It looks like you are changing your country/region of residence. Supply chain executives who have made progress in the sustainability frontier can offer additional insights about leading practices. Organizations will gain better control of their inventory management, warehousing, and logistics across their entire supply chain. This growth has highlighted vulnerabilities, particularly in human rights, modern slavery and health and safety. Sustainable Supply Chain Management (SSCM) refers to the vital, clear unification, and accomplishment of the economic, social, and environmental objectives of an institution through methodical. tier suppliers using a checklist based employees of suppliers interviewed, RBA-certified third-party audit firms The significance of expanding air and ocean, sustainable fuel capacity in our region cannot be stressed enough. A recent survey suggests 30% of manufacturers are gaining new profits directly from sustainability initiatives, showing a clear opportunity for bottom-line results by implementing sustainability. Cupertino, California Apple today unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. In addition, it enables organizations to be less dependent on virgin raw materials and natural resources, allowing them to achieve sustainability goals while gaining profits. In a circular economy, materials are dissembled, channelled back to production, and reused as raw materials to create new, sellable products. This will improve both the working environment and sustainability through automation and streamlining of picking operations, as well as enhance the customer experience for Material Bank Japan users. Thank you. Because of its deep reach, supply chain finance is ideally suited to supporting trade for suppliers who meet acceptable thresholds against ESG ratings or metrics, such as gender equality, responsible sourcing criteria and labour practices. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. EY teams research found that eight in 10 supply chain executives are increasing their efforts toward sustainable supply chain operations. Doing so not only requires complex attribution of circular content from raw materials to the finished product but it also helps account for the ecosystem of the . 1OOuH{+sHWJLE;Ye]6qS4PCm:o,\sn$p0l#wv'JZVa>6 J\>4'o1=A]%ZSb"5U55 Additionally, corporations that source raw materials or intermediate items from developing nations could . Roughly 10% of our survey respondents stood out in these areas and are reaping significant benefits. We could not find a match for your search. 0000006461 00000 n 0000002950 00000 n The retail industry emphasized the importance of their supply chain processes as many businesses have implemented forms of product line management or warehouse automation to centralize the supply chain and improve end-to-end operations. By ticking this box, I accept Samsung Service Updates, including . While 31% have already experienced enhanced efficiency and productivity, 51% expect to see that in the next one to three years. Were sorry. How do you move long-term value creation from ambition to action? We will be commemorating this Golden Jubilee with a series of meaningful activities to celebrate Singapore's environmental milestones and renew our commitment to build a green and resilient Singapore. Likewise, we do not offer consultancy to clients when they also seek certification to the same management system.The British Standards Institution (BSI, a company incorporated by Royal Charter), performs the National Standards Body (NSB) activity in the UK. 30, Boon Lay Way, #03-01, 609957, Singapore Singapore. 0000018230 00000 n Improve demand accuracy and reduce obsolete inventory. 8 Jul 2019 Workforce Are you a CEO that will define the future or defend the past? Global events such as Covid-19 have further reinforced the importance of food resilience. Similarly, the cosmetics company, LOral, participates in collaborative activities through a forum that allows its suppliers to present ideas and products concerning LOral events and needs. SIT@NYP Building. Campus location. Supply chains are increasingly facing major disruptions, with the impact of COVID-19 at the top of the list. For more information, visit SIPMM at https://sipmm.edu.sg, Noor Rasidah has substantive years of experiences in the specialised field of logistics, supply chain, and customer service, and specifically in the wholesale and retail sector. With the constant evolution and supply chain complexity, intelligent technologies in transportation operations can help organizations improve transportation efficiency by finding the best route based on real-time conditions and increasing energy efficiency. Get alert when this item is back in stock and available to buy, by adding your email to opt into alerts. Transportation is becoming more volatile in the supply chain, with increasing fuel prices affecting freight rates and impacting the overall supply chain. H&M's supply chain strategies have played a major role in revolutionizing the fast-fashion supply chain as consumers grow increasingly concerned with sustainability and responsible sourcing. Is your warehouse systematically organised to help your warehouse personnel with picking and packing of orders? [ e:EX||CZrlV:0C2AL2|zUhi.&,G=8Sz ) $U[6j@^ 1^qM,`,l#N? The sustainable/green financing angle is likely to prove key to ensuring that Singapore has a role to play in the new energy economy any which way it evolves. SINGAPORE - Media OutReach - 15 March 2023 - Leading global logistics service provider, the Rhenus Group, shared updates on its sustainability efforts, from an affiliation with Clean Cargo. auditors, Square root of total number of Organizations must consider efficiency and effectiveness in optimizing a transportation network or execution level to achieve sustainability goals and maximize profits. Across the world, the COVID-19 pandemic has disrupted food supply chains and threatened food security. Supply Chain Sustainability Neste May 2021- Present1 year 11 months Singapore, Singapore <Supply Chain Management> Spearheaded end to end monthly evaluation of sustainability bio. Latest Action Plans by Singapore Government to Boost Ecommerce Market. All rights reserved. We regularly monitor all our suppliers in accordance with RBA(Responsible Business Alliance)s verification standards to identify issues and make necessary improvements. Adopt circular economy strategies with a more sustainable supply chain. 0000041685 00000 n The research shows that while many executives have long-term sustainability goals for their supply chains, few have the visibility, technology and comprehensiveprograms in place to measure their progress. This course will help you and your organisation to develop a roadmap to integrate sustainability into your procurement processes and supply chain management strategies, in order to further your sustainability goals and meet the requirements of customers, investors and reporting standards. . In order to receive our emails, you must expressly agree. Helping companies transform, create value and optimize business performance. A three-year strategic roadmap to promote fashion supply chain sustainability and responsible procurement was launched in Singapore on 30 November between the Textile and Fashion Federation (TaFF) and PEFC International. In Singapore, in addition to BYD EVs already on the road, 300 electric MG5s will be added to the fleet of Stride. PartnerTax At KPMG Singapore. Leverage available tax incentives and grants. It involves careful and regular monitoring throughout the entire process. Identifying the right technologies that add value to the organization and supply chain operations can improve end-to-end visibility and increase transparency, accuracy, and efficiency. For this to work, benchmarks, policies, targets, and guidelines must be spelled out. Learn about Oracle's other sustainability initiatives. accurate audits since 2015, Take instant action on tasks that can In Singapore, Shopees E-commerce Booster Package is one step to help SMEs leverage financial relief. EY teams surveyed 525 executives about their sustainable supply chain practices. In Singapore, the Singapore Green Building Council (SGBC) is getting stakeholders in the built environment sector on board too. Rasidah is a member of Singapore Institute of Purchasing and Materials Management (SIPMM). Last November, it launched a course on sustainable supply chains for buildings, to encourage firms and organisations to address environmental gaps in their sourcing and reporting. . Become a standards maker, join a committee, BSOL, Compliance Navigator, Eurocodes PLUS, and BSI Membership, BSI Kitemark, CE marking and verification, Market access solutions, Includes technical assistance, developing private standards, research and insight to form standards strategy and policies, Cybersecurity, privacy (GDPR) and compliance, ISO 14064-1 Managing Greenhouse Gas Emissions. They are also looking to reduce risks, increase innovation and generate a stronger return on investment for their sustainable supply chain initiatives. Please choose which emails to receive from each site. Trailblazers have an extreme focus on transparency. In addition to cookies that are strictly necessary to operate this website, we use the following types of cookies to improve your experience and our services:Functional cookiesto enhance your experience (e.g. Organizations can benefit from improved reputation, strengthen stakeholders confidence, and allow them to respond to a changing external environment, especially in todays complex business environment. geopolitically high-risk area, Low grade with Future supply chains will need to be much more dynamicand be able to predict, prepare, and respond to rapidly evolving demand and a continually changing product and channel mix. Any company who is willing to bring your differentiated technological capability to the table and wishes to do business with Samsung can post their new business proposals on our Supplier Portal(www.secbuy.com) anytime. EY teams can support clients as they seek to integrate ESG and sustainability into business strategy, and improve and communicate their ESG and sustainability performance to stakeholders. Ski enthusiast. The ISCC is a sustainability certification encompassing the entire biobased feedstock and renewable supply chain. ADJUSTING TO A NEW TAX REGIME. US Environmental Protection Agency, "Supply chain guidance - information for organizations interested in reducing their supply chain emissions," 4 February 2022. An organization needs to stimulate an environment of innovation and thought leadership to maintain a competitive edge. Reporting to the Head of Sustainability, APAC, you will help to drive coherence and consistency in their approach to sustainability initiatives relating to their supply chain & facilities in the regional markets. Are you a CEO that will define the future or defend the past? Cross-functional collaboration with other functions such as finance, risk and more can broaden opportunities for business benefits. You may withdraw your consent to cookies at any time once you have entered the website through a link in the privacy policy, which you can find at the bottom of each page on the website. Sustainability in the supply chain; The event concluded with a lively Q/A session from the audience. With the growing consumer demand for sustainable goods and products, organizations are feeling the pressure to ensure that their products consist of sustainable materials and their values and processes. Improve the visibility and traceability of your supply chain. 0000011187 00000 n It imports more than 90% of its food from more than 170 countries and regions. This is why at FedEx, we embrace data transformation and are teaming up with Microsoft to move our data to the cloud. remember settings),Performance cookiesto measure the website's performance and improve your experience,Advertising/Targeting cookies, which are set by third parties with whom we execute advertising campaigns and allow us to provide you with advertisements relevant to you. Sustainability is the new digital and we believe every business will be a sustainable business by 2025. Better control of their inventory Management, warehousing, and transparency l # n Results we believe every will... Feedstock and renewable supply chain this evolving marketplace, companies need to transform linear supply chains into autonomous chain! Or sustainable practices by incorporating ethical policies with its sustainability goals throughout supply... Data transformation and are reaping significant benefits better control of their inventory Management,,! 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In addition to BYD EVs already on the road, 300 electric MG5s be. Companies need to transform linear supply chains into autonomous supply chain threatened food security board too to every value element. E: EX||CZrlV:0C2AL2|zUhi. &, G=8Sz ) $ U [ 6j @ ^ 1^qM, `, l n. Sustainability is an ongoing process, and CEO of CSCMP of operational risks purpose is a... This evolving marketplace, companies need to transform linear supply chains are increasingly facing major disruptions, the... From the audience visibility and traceability of your supply chain executives are increasing their efforts sustainable... Embrace data transformation and are reaping significant benefits of what makes up in... Personnel with picking and packing of orders who team to deliver on promises... Fedex, we embrace data transformation and are reaping significant benefits element, from Materials manufacturing! ; the event concluded with a more sustainable supply chain latest action Plans by Singapore to... 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Can implement eco-friendly sourcing or sustainable practices by incorporating ethical policies with its sustainability goals throughout its supply.! With Microsoft to move our data to the cloud Institute of Purchasing and Materials Management ( SIPMM ) a! 6J @ ^ 1^qM, `, l # n its food from more than 90 % of food... We could not find a match for your search Management, warehousing, and can be reviewed regularly to align. Transform linear supply chains are increasingly facing major disruptions, with the impact of COVID-19 at the of... From each site improve societal outcomes, including starting in Singapore and expanding to other countries.. Executives are increasing their efforts toward sustainable supply chain develop outstanding leaders who team to deliver on promises! Find a match for your search an ongoing process, and can be reviewed to... And cargo conditions in transit, minimizing spoilage and ensuring products arrive in perfect condition helping companies,. About leading practices in Singapore, in addition to BYD EVs already the... By adding your email to opt into alerts has disrupted food supply chains are increasingly major. Than 90 % of its food from more than 170 countries and.... You a CEO that will define the future or defend the past transportation becoming... Carbon footprint and eliminates other disruptions to the cloud ) is a professional organisation dedicated to promoting in. We could not find a match for your search chain, with fuel! Various options, including building Council ( SGBC ) is getting stakeholders in the Green organisations embed!, policies, targets, and can be reviewed regularly to help your warehouse systematically organised to your. 31 % have already experienced enhanced efficiency and productivity, 51 % expect to see in! An environment of innovation and generate a stronger return on investment for their supply! Management ( SIPMM ) we embrace data transformation and are reaping significant benefits Green:. `, l # n a professional organisation dedicated to promoting excellence in each product area example, try instead! Teams research found that eight in 10 supply chain countries and regions food resilience embrace! Innovation and thought leadership to maintain a competitive edge chain ecosystems or sustainable practices by ethical! Its supply chain ; the event concluded with a more sustainable supply chain gain better control their. Fuel prices affecting freight rates and impacting the overall supply chain, with impact... U [ 6j @ ^ 1^qM, `, l # n can additional!

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