Supply chain management for the circular economy demonstrated via graphic

Supply Chain Management for the Circular Economy: Reducing Waste and Lowering Costs

Supply chain management in the circular economy focuses on eliminating waste to improve operational efficiency and cut costs. Finding opportunities to create and support a circular supply chain requires that businesses audit their processes, labor pools, and the tools that support them. By reviewing these elements with a critical eye, most supply chain managers will…

Reducing food waste in the supply chain can keep food out of landfills

Reducing Food Waste in the Supply Chain

Food waste is a growing problem. It’s estimated that by 2030, total annual losses due to food waste could reach $1.5 trillion globally. Misuse of resources is one part of this problem, as when manufacturers overproduce or overstock items that go bad before sale. However, much of this food waste takes place before products ever…