Tackling Sustainability
June 29, 2023 | News & Guides
Sustainability continues to be a high focus for businesses in 2023, driven by internal goals, customer demand and regulations. At CORE Technology, we believe in the power of data to drive meaningful change and empower businesses on their sustainability journey.
Whatever your company’s needs, CORETech has the knowledge and information to create solutions that will help you on your path to sustainability, we understand the vital role that technology plays in influencing the future of organisations.
We are committed to utilising our knowledge and vast data resources to assist you in navigating the sustainable landscape, mitigating risks, and capitalising on new opportunities. We can give you useful insights into the sustainable business landscape by using the power of data analytics and our software solutions.
CORE’s ERP system can play a critical role in your sustainability initiatives:
- Identify Risks and Opportunities: Our data-driven approach can assist you in identifying potential risks in your business processes and supply networks. CORE collects and stores data from numerous supply chain points such as procurement, production, and distribution. You can identify possibilities to optimise resource use, minimise waste, and improve efficiency while fulfilling regulatory requirements through analysing your data.
- Supplier Management: CORE’s ERP system can centralise supplier information, including sustainability related criteria such as certifications, compliance records and environmental performance indicators. Organisations can than evaluate and select suppliers based on their sustainability practices and track their performance over time.
- Traceability and Transparency: CORE can track and trace products throughout the supply chain, providing visibility of the origin of raw materials, transportation routes and manufacturing processes.
- Energy Management– CORE could integrate with energy monitoring devices and systems to track and analyse energy consumption across different stages of the supply chain.
- Reporting and Compliance: CORE can generate sustainability reports and dashboards for your business, consolidating relevant data into easily understandable formats. This streamlines the reporting process for sustainability certifications, regulatory compliance, and corporate social responsibility initiatives. New Features in OAS can take data from any external source and feed it into CORE’s ERP.
- Forecasting tools- increasingly forecasting tools can be used to protect business operations and to determine the impact of environmental events on your business, for example if fertiliser costs increase by x% in 2024, then this will have y% impact on margins.
As a business, we are bringing together like-minded customers seeking to drive positive change through sustainable practices in our Special Interest Group (SIG), working together to shape industry standards, inspire best practices and champion sustainability.
Please get in touch with us if you want to learn more about sustainable business solutions or if you want to join our SIG group.
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Speaking with a member of our team can best determine how we can assist your company. Get in touch to find out more!
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