Recently, Bruce Lancaster, CEO of Wilson electronics, said: "due to wage pressure and high demand for shipping, inflation will continue to rise, and the supply chain will be in trouble in the first two to three quarters of 2022."
In 2021, as the new crown tightens the global supply chain, the company is faced with deteriorating environmental conditions, including floods, droughts and destructive storms, which can affect each other. Companies seeking to re support the supply chain also have the opportunity to consider new and greener options, which shows that consumers' awareness and sensitivity to environmental issues are increasing.
Although ESG (environmental, social and Governance) procurement has always been a topic of discussion and is usually driven by society, industry 4.0 represents a great opportunity to promote sustainable manufacturing - by focusing on the use and expansion of new technologies in the manufacturing process and immediately improving system efficiency, so as to reduce resource consumption, while reducing loss, waste and resource consumption. With the increase of sustainability issues, the concept of circular economy, a model of recycling, repairing and reusing materials for as long as possible, may become more attractive and universal.
Kyra Whitten, vice president of flex, said: "Measurement, transparency and business balance, as well as the introduction of the circular economy model into the enterprise supply chain, will pave the way for the successful reduction of the carbon footprint and the achievement of ESG goals. It is expected to increase investment in sustainable manufacturing by 2022. As enterprises and organizations begin to seriously consider their sustainable development strategies and set goals for reducing emissions, zero waste, water resource management, etc., the circular economy will become the most powerful way to achieve the goals In order to achieve the net zero goal by 2030 or 2040 and meet consumers' demand for more sustainable products, it will become more important than ever to extend the life of products through strong circular economy practice. Such infrastructure is likely to have the greatest impact on the sustainable development goals for the coming year. "
