At the Procurement & Supply Chain LIVE 2024, Jonathon Chen, Business Leader for Supply Chain Services at Neo Tangent, joined a panel discussion on Supply Chain Sustainability & Scope 3. The conversation shed light on how businesses can effectively manage Scope 3 emissions while building resilient, future-ready supply chains.

Jonathon explained Neo Tangent’s holistic approach to supply chain services, which spans sourcing, procurement, master data management, warehousing, transportation, and after-sales service. This middle-office model emphasizes collaboration among all stakeholders in the supply chain, fostering shared accountability for cost, resource allocation, and innovation.

Scope 3 emissions, which include indirect emissions throughout the supply chain, pose unique challenges. Jonathon highlighted Neo Tangent’s strategies to address these, such as optimizing intermodal transportation, improving warehouse energy use, and leveraging data for decision-making.

The role of technology in driving sustainability and compliance was highlighted. Neo Tangent ensures compliance with ethical sourcing standards and providing visibility into Scope 3 emissions. These insights empower organizations to educate their vendors and align on shared sustainability goals.

TA central theme was the need for collective efforts in achieving sustainability. Jonathon highlighted how sharing costs and resources among stakeholders can turn short-term challenges into long-term competitive advantages, making sustainability a cornerstone of future market strategies.

Neo Tangent continues to lead by example in creating supply chains that are not only efficient but also environmentally responsible. As Jonathon aptly noted, addressing Scope 3 emissions is not just a compliance measure—it’s a strategic imperative for building supply chains that stand the test of time.

Watch the full panel discussion to learn more about Neo Tangent’s innovative strategies and actionable insights from the Procurement & Supply Chain LIVE 2024.