How can manufacturers know the implications of design and purchase choices

Three takeaways to understand how to trade-off cost, sustainability and compliance when manufacturing products

Knowing the impact of your cost and environmental choices is hard to evidence.

To understand the trade-offs you need to make on cost, sustainability, compliance is made even more difficult when shortening product innovation cycles. Supply chain visibility and resilience to risk remains a challenge for many in a post-COVID world.

How do you overcome these challenges?

Our Founder and CEO, Neil D’Souza discussed these topics and more on Let’s Talk Supply Chain show hosted by Sarah Barnes-Humphrey.

YouTube

By loading the video, you agree to YouTube’s privacy policy.
Learn more

Load video

Top three takeaways:

Takeaway 1: Get a deeper understanding of your supply chain so you can assess the cost and environmental impact of different materials and processes

One of the challenges manufacturers face when trying to make better products is the sheer complexity of their supply chains. In many cases, a single product can involve dozens or even hundreds of different suppliers and materials, each with its own set of environmental and social impacts. This complexity can make it difficult for manufacturers to get a clear picture of the environmental impact of their products, let alone make informed decisions about how to improve them. Makersite can help address this challenge by providing a centralized platform for visualizing and analyzing the supply chain.

Takeaway 2: Collaboration between teams is key – but it requires a harmonized data set

One of the challenges manufacturers face in collaborating effectively is the siloed nature of many organizations. Different teams within a company may have different priorities and goals, and may be working with different sets of data. This can make it difficult to get everyone on the same page and make informed decisions about the supply chain. Makersite can help break down these silos by providing a shared platform that allows all stakeholders to access the same data and collaborate more effectively.

Takeaway 3: Transform visibility into action – have a plan to measure, report and improve

To be successful in implementing sustainable practices in the supply chain, it is important to have a comprehensive understanding of the environmental impact of each material and process. Makersite’s data analysis capabilities can help businesses identify areas where they can make the biggest impact on sustainability, such as reducing carbon emissions or minimizing waste. One of the challenges manufacturers face when trying to implement sustainable practices is the lack of visibility into the environmental impact of their products. In many cases, manufacturers may not have access to detailed information about the materials and processes they use, or may not have the tools to analyze this information effectively. Makersite can help address this challenge by providing a way to analyze and visualize data about the supply chain, and identify opportunities for improvement.

Similar news stories

EU Taxonomy
Read more
Green Claims Directive 
Read more
Sustainable Procurement
How to source materials more reliably, more efficiently – and more cost effectively
Read more