What are the latest technologies in sustainable sourcing?
Some of the latest technologies include blockchain for transparency, AI for data analysis, and IoT for monitoring supply chains.
How does blockchain improve transparency in sourcing?
Blockchain creates an immutable ledger of transactions, allowing all parties to verify the origin and journey of products.
Can you give examples of companies using these technologies?
Sure! Companies like Walmart use blockchain for food traceability, while Unilever employs AI to optimize their supply chain.
What challenges do companies face when implementing these technologies?
Challenges include high initial costs, the need for skilled personnel, and resistance to change within organizations.
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