• Sunday, May 19, 2024
businessday logo

BusinessDay

Achieving a zero-waste supply chain: Strategies for businesses to eliminate waste

Achieving a zero-waste supply chain: Strategies for businesses to eliminate waste

While the world is going agog about environmentalism, I often wonder if this should be a concern for a continent that contributes just 4 percent of global carbon emissions despite having about 17 percent of the world’s population. But then, it quickly comes to mind that sustainability, especially in the supply chain, should not be looked at from a non-concern lens.

In a world where innovation is cutting across sectors and industries, it is becoming more critical for businesses to make an effort to achieve a zero-waste supply chain. But what does that even mean?

A zero-waste supply chain embodies the principle of eliminating waste at every stage of the supply chain cycle, from raw material extraction to product delivery, ensuring that all resources are fully utilised and nothing is discarded unnecessarily. This concept extends beyond traditional recycling efforts to encompass reducing, reusing, and regenerating resources, aligning with the broader goals of sustainability and circular economy practices.

Read also: Navigating Nigeria economic storm: Supply chain challenges addressed

For African businesses, transitioning to zero-waste supply chains is significant due to the continent’s unique challenges and opportunities. Africa’s rapid economic growth, expanding industrial base, and rich natural resources and biodiversity present a compelling case for sustainable supply chain practices. However, the continent also grapples with challenges such as inadequate waste management infrastructure, environmental degradation, and the impacts of climate change, which can hinder sustainable development efforts.

Adopting zero-waste supply chains offers African businesses a chance to lead in sustainability, enhance their competitive advantage, and contribute to the continent’s socio-economic development while mitigating environmental risks. It can also spur innovation, create jobs in the green economy, and support the achievement of the Sustainable Development Goals (SDGs) in the region.

Principles of zero-waste supply chain

A zero-waste supply chain approach goes beyond recycling; it aims to redesign systems and processes to prevent waste creation, thus minimising the environmental impact and contributing to the circular economy. The principles of a zero-waste supply chain are grounded in sustainability, efficiency, and the ethical use of resources, focusing on three core areas: reducing resource consumption, maximising resource reuse, and recycling or composting what cannot be reused.

Africa’s rapid economic growth, expanding industrial base, and rich natural resources and biodiversity present a compelling case for sustainable supply chain practices.

The approach to sustainability involves integrating sustainability into all aspects of the supply chain, from supplier selection to logistics. Implementing circular economy practices, such as durability, repairability, and reuse, extends product lifecycles and improves resource efficiency. Prioritising waste reduction through design, operation, and process innovations contributes to a sustainable future.

Benefits of a zero-waste supply chain

Minimising waste through zero-waste supply chains plays a critical role in significantly reducing pollution levels and greenhouse gas emissions. This reduction is mainly because it diminishes the need for landfilling and waste incineration, which are significant contributors to environmental pollution and the release of greenhouse gases. By adopting practices that prevent waste generation at its source and improving resource use efficiency, businesses can contribute to cleaner air and water, benefiting both the environment and public health.

Read also: Businesses need innovative marketers to survive current economic realities – Solomon Sanusi

Zero-waste supply chains promote resource efficiency and reduce demand for raw materials, preserving natural habitats and biodiversity. Promoting renewable, recyclable, and compostable materials reduces dependence on finite resources, promoting sustainable material management and fostering a sustainable future by integrating eco-friendly practices into supply chain operations.

Adopting waste reduction and enhancing efficiency within the supply chain not only contributes to environmental sustainability but also leads to substantial cost savings. These savings manifest in various aspects of the business, including material procurement, waste management, and energy consumption. By minimising waste, companies can significantly reduce expenses associated with the disposal and treatment of waste and lower their costs for raw materials by opting for more sustainable and efficient alternatives. This approach reduces the environmental impact and improves the bottom line, showcasing the economic viability of sustainability initiatives.

Moreover, pursuing zero waste fosters innovation and enhances a business’s competitiveness. Companies can set new industry standards and differentiate themselves in the marketplace by rethinking product design, exploring new materials, and optimising supply chain processes. This opens up new market opportunities due to a growing consumer demand for sustainable and ethically produced goods.

Furthermore, by minimising waste generation and pollution, significant improvements can be made to community health and safety. Reducing waste and pollutants means that individuals are less exposed to hazardous materials and contaminants, which can profoundly affect public health. Cleaner environments reduce the risk of diseases and create safer living conditions for communities, highlighting the direct link between sustainability efforts in supply chains and the well-being of the broader community.

In conclusion, the shift towards a zero-waste economy presents numerous opportunities for job creation, particularly in sectors related to recycling, material processing, and the development of sustainable products. These emerging job markets support economic growth and promote skill development in sustainability-focused areas.

Read also: Trends and predictions that will impact supply chain in 2024

That said, the transition to zero-waste supply chains in Africa is justified by the growing global demand for sustainable products and practices. With consumers and international partners increasingly favouring businesses that demonstrate environmental stewardship, African businesses that adopt zero-waste practices can access new markets, attract investment, and build resilience against global supply chain disruptions, positioning themselves as leaders in the global shift towards sustainability.