No matter which industry an organization operates in, supply chain governance software can help establish a solid framework for compliance.
ESG Insights for the Supply Chain
Customers today are becoming more aware of their chosen vendors and brands’ environmental, social and corporate governance (ESG) practices. While specific topics vary, many are seeking to buy from organizations that highly value factors like human rights, sustainability, environmental friendliness and fair trade. That means it’s more important than ever for companies to maintain ESG compliance with logistics solutions that support their efforts.
The Need for an ESG Insights Platform in the Supply Chain
Supply chain compliance software brings real-time visibility into ESG to help improve sustainability in the supply chain. This technology incorporates solutions for validating compliance and simplifying ESG reporting for logistics activities.
An Enhanced Supply Chain Compliance Framework
Companies must first define their processes and procedures and determine the appropriate metrics for measurement. Doing so helps business leaders understand the forces driving ESG within their organization to better evaluate the logistics program options and choose one to meet their goals.
Ideally, a supply chain governance system should enable a high degree of customization to fully meet the unique ESG needs of the company. A bespoke solution can automatically capture the relevant data and align it to the specific ESG initiative it supports.
Improved ESG Reporting in the Supply Chain
ESG supply chain software is also valuable for enhancing visibility throughout the network. Using technology and its continuous data stream means you can:
Reduce waste: Proactive asset management and process improvement identification through AI lead to less frequent replacements and more efficient alternatives.
Monitor green initiatives: Capturing valuable data about transportation efficiency makes it easier to gauge efforts to reduce environmental impact.
Follow a product from end to end: Using the Internet of Things (IoT), you can track a product from raw material source to end-user delivery for simplified stakeholder reporting.
Improved ESG Reporting in the Supply Chain
ESG supply chain software is also valuable for enhancing visibility throughout the network. Using technology and its continuous data stream means you can:
Reduce waste: Proactive asset management and process improvement identification through AI lead to less frequent replacements and more efficient alternatives.
Monitor green initiatives: Capturing valuable data about transportation efficiency makes it easier to gauge efforts to reduce environmental impact.
Follow a product from end to end: Using the Internet of Things (IoT), you can track a product from raw material source to end-user delivery for simplified stakeholder reporting.
ParkourSC for Sustainable Supply Chain Software and More
ESG is a complex topic, and its implementation and definition vary greatly between industries and individual companies. While some organizations make it part of their mission as responsible corporate citizens, others have regulatory requirements for disclosure and compliance.
Our cloud-based DVP 2.0 is the ideal solution in either case. Our unified application keeps your organization reaching its goals with better resource direction, improved operations and robust tracking functionality.
More Accurate Resource Allocation
ParkourSC developed DVP 2.0 to support more efficient resource use by delivering the data you need to make the most impactful decisions possible. Our software includes:
- Signals and data feed from IoT: Monitor ground truth for agile responses and timely interventions at any point.
- Customized analytic KPIs: Measure what matters most and get objective data for assessing return on investment and operational performance.
- AI simulation technology: Identify growth opportunities and service enhancement potential with simulations based on real-time data.
Supply Chain Speed and Function Improvements
DVP 2.0 is a full-featured solution for overall supply chain speed and function, with technology like:
- Digital twinning: A virtual representation of a process or asset allows you to test different courses of action for improved decision-making.
- AI for automation: Our software supports automating low-level decisions and routine tasks for more efficient workflows.
- Predictive analytics: Our robust analytics module delivers the insights you need for more effective planning and lean supply chain optimization.
ESG Tracking for Logistics
With DVP 2.0, you have the tools you need to:
- Get in-depth asset-level data: Configure custom alerts so you know when compliance is at risk and can act accordingly.
- Generate tracking logs: Use your IoT data to create a compliance record for better regulatory posture and higher customer satisfaction.
- Optimize transit routing: Leverage technology to analyze alternatives and deliver the optimal route based on emissions and other environmental impact criteria.