The Missing Billions: The real cost of supply chain waste
This is an in-depth report of 300+ businesses and 7500+ consumers, which assesses the state of global supply chains and the issue of waste. Overproduction and waste are exacerbating the supply chain crisis and hitting businesses to the tune of 3.6% of their annual profits as nearly 8% of stock perishes or is discarded. This loss amounts to $163 billion worth of inventory globally. This report discusses how making waste reduction part of your company purpose can benefit the planet, people and the bottom line.