Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the supply chain industry. This time, you get to discover 5 hand-picked sustainable supply chain management solutions.
Global Startup Heat Map highlights 5 Top Sustainable Supply Chain Management Solutions out of 432
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 432 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 supply chain startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 427 sustainable supply chain management solutions, get in touch.
Green Insights formulates Sustainable Supply Chain Strategies
Redesigning an existing supply chain to meet environmental standards and enable a circular economy requires decision-making that considers the entire business operations. As a result, companies have to plan and establish viable sustainable production practices without disrupting the operations. Startups aid businesses by providing end-to-end solutions to make data-driven decisions to transform existing supply networks and instill ecological responsibility.
Green Insights is a Dutch startup that tailors unique strategies for sustainable supply chain management. The startup’s Supply Chain Sustainability service maps the existing supply network and optimizes the workflow using sustainability tracking metrics. Along with this, Green Insights also offers a Circular Assessment service to analyze the disparities in a supply chain and strategize methods to transform it into a circular one. The startup’s solutions help organizations elevate their process into environmentally-responsible workflows and reduce their carbon footprint.
Bizlog provides Reverse Logistics Services
A significant portion of recyclable and reusable materials are lost to landfills every year. The efficiency of a circular value chain diminishes if the recyclable products are unable to reach recycling plants. Startups now offer reverse logistics services to complete circular supply chain networks. For example, a digital platform that connects consumers and the recycling or remanufacturing industries facilitates material movement, ensuring circularity.
Indian logistics startup Bizlog offers reverse logistics to ensure circular supply chain management for rental companies, manufacturers, and refurbishers, among others. The startup’s logistics services transport the products from last-mile delivery to the concerned parties for reuse, recycling, or remanufacturing. Bizlog’s value chain solutions to facilitate circularity include re-commerce, e-waste, product returns, and more.
Halotrade develops a Digital Trading Platform
Environmentally responsible producers are crucial for establishing a circular supply chain. That is why promoting circular production and elaborating its significance and advantages is vital for a transition from a linear supply chain to a circular supply chain. Online platforms connect stakeholders at the different levels of a value chain to facilitate trading. That is why startups offer trading platforms with multiple capabilities to aid circularity. For example, trading platforms that let users rent out home appliances from the existing stock of idle machines, providing a capitalizing opportunity.
British startup Halotrade provides a platform with a suite of governance tools for corporates and financiers. The startup’s trading platform automates all aspects of trade, finance, and certification, even supporting multi-tier supply chain finance. As the platform integrates data from multiple tiers, certification bodies and auditors are able to map this data onto suppliers and their products. With this extended traceability, Halotrade’s governance tools help corporates automate incentive and reward structures to improve the sustainability and stability of their supply chains.
Bext360 digitizes Sustainable Supply Chain Management
Both linear or circular supply chain networks involve multiple vendors, suppliers, and manufacturers at different tiers. Therefore, it is difficult to track the exact status and condition of raw materials and products in a supply chain using conventional paper-based tracking systems. Advancements in the Internet of Things (IoT) enable startups to tag packages and track them in real-time. When backed by an anti-tamper security system like blockchain, the supply chain solution provides end-to-end transparency and helps manufacturers and consumers trust the stored data.
US-based startup Bext360 helps consumers track coffee, seafood, and cotton, among others, from farm-to-table. The startup’s Software-as-a-Service (SaaS) platform lets users grade, weigh, and instantly pay the farmers and input the data into traceability software. Bext360’s tamper-proof system invokes transparency in the supply chain, providing business intelligence and sustainability metrics. This way, businesses better understand their supply chain functionality and impact on the environment, aiding the transition to a circular workflow.
AETHON Engineering optimizes Supply Chain Management for Sustainability
Automation and intelligent systems improve the operational efficiency of the supply chain at different tiers. Warehouse and logistics automation reduces downtime and the Internet of Things offers end-to-end traceability of the supply chain. Startups automate supply chains using robotics, machine learning, and IoT to improve efficiency and steer towards sustainability. For example, automation and autonomous systems provide real-time data evidence that helps in wastage reduction and predictive monitoring to forecast trends in the value chain.
AETHON Engineering is a Greek startup that optimizes the supply chain for enhanced efficiency and attaining a sustainable workflow. That startup’s end-to-end solutions provide intelligent systems, automation, and operation research, among others, to drive the supply network into a circular economy. AETHON automates warehouses and transportation systems across a supply chain and uses the Internet of Things to collect real-time data. With prediction models, the data collected from IoT aids data-driven decision-making to improve overall efficiency.
Discover more Supply Chain Startups
Supply chain startups such as the examples highlighted in this report focus on IoT, automation, blockchain as well as machine learning. While all of these technologies play a major role in advancing logistics, they only represent the tip of the iceberg. To explore more supply chain technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Logistics Innovation Report to save your time and improve strategic decision-making.