A US-based tech giant is empowering companies to reach sustainable supply chain goals by providing a global, accurate, real-time view of inventory, and the ability to securely share data across their ecosystem. They accomplish this using Artificial Intelligence
and blockchain to record transactions and track assets.
Sustainable supply chains are important for companies as scope 3 greenhouse gas emissions (GHG) can account for more than 90% of their carbon footprint.
Scope 3 emissions are a consequence of a company's activities but originate at sources not owned or controlled by the company. These can be the production & transportation of raw materials, and other products & services used by companies.
The impact of businesses on the environment, society, and communities is under scrutiny not only by today`s value-driven consumers but also by sustainability-conscious investors.
End-to-end supply chain solutions, backed by AI-driven data insight, impart transparency to the entire process. It can be monitored internally and externally for performance on various ESG parameters. This means improved
ESG performance and cost reduction for companies due to increased efficiency.
