Business Chief USA October 2019
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CLICK TO WATCH: ‘CATHERINE WEETMAN - FUTURE-FIT LOGISTICS’<br />
79<br />
and analysing a range of future ‘what<br />
if’ scenarios, companies can ensure<br />
not only that their supply chain and<br />
logistics networks are resilient to<br />
future changes, but also that they can<br />
benefit both the environment and their<br />
bottom line by eliminating wastage<br />
and overspending.<br />
For example, modelling software can<br />
help supply chain professionals to minimise<br />
physical space used by identifying<br />
redundant facilities or opportunities<br />
to rebalance storage, avoid empty<br />
miles by analysing their transportation<br />
network, and reduce emissions by<br />
directing inventory to serve demand.<br />
SOURCING RESPONSIBLY<br />
While it’s impossible for businesses<br />
to fully control the practices of every<br />
third party they deal with in their supply<br />
chain, they should work to ensure that<br />
wherever possible they only partner<br />
with companies that share the same<br />
goals, sustainability values, and environmentally-conscious<br />
supply chain<br />
processes as themselves.<br />
Customers will ultimately hold the<br />
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