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Economic Sustainability for Business 101: Why should companies focus on their supply chain?

By: Sabrina Clarke

· Sustainability,Strategy

 

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The one lesson COVID taught every business is that their supply chain must be resilient. Resiliency includes global and local businesses. That is one of the reasons supplier diversity is essential. Diverse suppliers typically come from underrepresented groups; companies that invest in supplier diversity also achieve Social Sustainability aims. It's a compound effect that has a clear ROI.

No hearts, just mind and business. Quick maths.

My niche of expertise is social and economic Sustainability in business and the supply chain. Follow me if you are curious or want to stay up to date.