16 नवंबर, 2022 को, कॉर्पोरेट अतिउत्पादन और अपशिष्ट आपूर्ति श्रृंखला संकट को बढ़ा रहे हैं, लगभग 8% इन्वेंट्री खराब हो रही है या खारिज कर दी जा रही है, जो कंपनियों को उनके वार्षिक लाभ के 3.6% तक नकारात्मक रूप से प्रभावित कर रही है। इस महत्वपूर्ण नुकसान में 4.3% इन्वेंट्री खराब होने से पहले आपूर्ति श्रृंखला चरण में खराब हो जाना शामिल है, और अन्य 3.4% इन्वेंट्री को ओवरप्रोडक्शन के कारण छोड़ दिया गया, जिसके परिणामस्वरूप संयुक्त इन्वेंट्री लॉस $163.1 बिलियन के बराबर हो गया।

1. समाप्ति या अधिक उत्पादन के कारण प्रति वर्ष $163 बिलियन तक की इन्वेंटरी को खारिज कर दिया जाता है;

2. साक्षात्कार लेने वाली कंपनियों को अपने वार्षिक लाभ का 3.6% खोने की उम्मीद है;

3. वैश्विक रिपोर्ट द्वारा विश्लेषण किए गए पांच प्रमुख उद्योग (ऑटोमोटिव, सौंदर्य और व्यक्तिगत देखभाल, कपड़े, भोजन और फार्मास्यूटिकल्स) 8% तक की औसत इन्वेंट्री अपशिष्ट दर का सामना कर रहे हैं;

4. 10.2% of inventory in the beauty industry is discarded (6.2% due to overproduction, 4% due to spoilage or damage), while 10% of food is discarded before reaching consumers (2.9% due to overproduction, 7.1% due to deterioration or damage);

5. 90% of global business leaders are "under pressure to improve business sustainability", but on average only 4.4% of technology budgets are dedicated to improving supply chain sustainability;

6. The quality and durability of products are selected as the three most concerned issues of prudent consumers, which are far more important than product sustainability.

The above data comes from a global report released by Avery Dennison on November 14, 2022. The report, Evaporated Billions: The True Cost of Supply Chain Waste, provides an in-depth assessment of the current state of global supply chains and waste in China, the US, the UK, France and Japan.

By analyzing the financial data of 318 multinational companies, the report found that although companies have been keenly aware of the problem of waste in the supply chain, they have not invested the corresponding budget to solve this problem. Respondents indicated that an average of 28.9% of their impact on business sustainability comes from the supply chain. However, on average only 4.4% of technology budgets are dedicated to improving supply chain sustainability.

More than 90 percent of companies surveyed said they were under pressure to improve business sustainability, with 60 percent citing this task as a "high" priority. Among the challenges mentioned by interviewed companies on how to enhance supply chain resilience, their concerns mainly include "challenges of integrating disparate systems" and "lack of sufficient coordination among internal stakeholders".

Enterprises urgently need to improve supply chain transparency

In this report, we can see that as many as 61% of enterprises have deployed solutions to track unique products, highlighting the intention of enterprises to solve these problems. But with the need to improve supply chain visibility and traceability, this percentage will rise to more than 95%, as another 34.6% of enterprises also have related "plans". Blockchain investment will see the biggest leap forward, with 97% of companies surveyed planning to invest in the space within five years (compared to 12% today). Within five years, about 99% of enterprises plan to adopt smart devices (including sensors and unmanned equipment, etc.), and 97% of enterprises will use industrial Internet of things.

Francisco Melo, general manager of Avery Dennison Xtron, commented: "The current supply chain disruption is leading to a waste crisis, which makes the case for sustainable practices more urgent and necessary. Enterprises face a huge opportunity to accelerate digital transformation. Will help create long-term systemic change. The moral and economic benefits are clear, and research shows that businesses want to embrace technological advancement for the good of business and the planet."

Melo added: “Digital triggers, such as radio frequency identification (RFID), provide unprecedented end-to-end visibility in an efficient and precise manner. Connected products not only stand out in supply chain processes, but also reveal valuable New information, including product transparency and carbon footprint data, can therefore help consumers make better decisions."

Consumers value better options that offer more durable products

The Avery Dennison report also highlights mixed signals about consumers' shopping habits as changes in consumers' daily spending leave businesses with massive inventories and wreaks havoc on the environment. Unsurprisingly, cost is the top priority for consumers. But 22 percent of the 7,500 consumers surveyed for the report ranked quality and cost as equally important considerations. By geography, UK consumers are most concerned about cost, with 28% of consumers citing it as a top consideration, by France and Japan, both at 25%. China has a very different consumption mentality, with only 6% of surveyed consumers saying that cost is their top concern.

In terms of sustainability, the survey data also revealed some worrying trends: only 16% of consumers listed sustainability as one of the top three consumption decision-making factors, and only 12% Whether the selected products meet ethical sourcing standards. But the survey also notes that nearly half of global consumers (48 percent) have shifted their need for durable products, listing "durability" as one of the top five consumer decision considerations, suggesting that there is an opportunity for companies to build on this by paying more attention to products. durability and promote a circular economy to shape a sustainable future.

Corporate initiatives to increase transparency can also benefit consumers. About two-fifths (43%) of consumers surveyed agree that “transparency in a product’s journey from production to consumer is important to me” when purchasing clothing, and when purchasing food and beauty products, respectively. 37% and 35% of consumers cited "companies need to be more transparent about the raw materials or ingredients they use" as the top driver for making more sustainable consumption decisions.

Marktrace is a professional RFID solution provider, providing you with RFID tags and readers that meet your needs. We look forward to your contact with us!

Research Methodology/Editor's Note:

कंज्यूमर इनसाइट्स एजेंसी, कैनवास8 की मदद से यह कंज्यूमर सर्वे 3 जून से 28 जून, 2022 तक एक ऑनलाइन सर्वे के रूप में आयोजित किया जाएगा। इस सर्वे में चीन, फ्रांस, जापान, यूके और यूएस के 7,500 उपभोक्ताओं का सैंपल लिया गया। , जो घर पर कपड़े, भोजन और/या सौंदर्य उत्पाद खरीदने के लिए जिम्मेदार हैं।

इस उद्यम सर्वेक्षण ने 18 गुणात्मक साक्षात्कारों और मात्रात्मक सर्वेक्षणों के रूप में पांच प्रमुख उद्योग क्षेत्रों में 250 वैश्विक आपूर्ति श्रृंखला प्रौद्योगिकी अधिकारियों का साक्षात्कार लिया। यह सर्वेक्षण मई से अगस्त 2022 तक चीन, फ्रांस, जापान, ब्रिटेन और अमेरिका में किया गया था।

अनुसंधान उद्देश्यों के लिए, "आपूर्ति श्रृंखला" को कच्चे माल के वितरण से लेकर माल और सामग्री के निर्माण के माध्यम से अंतिम उपभोक्ता तक अंतिम वितरण तक शामिल सभी प्रक्रियाओं के रूप में परिभाषित किया गया है।